Palo Alto Real Estate
The Sept/2008 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 23 sales receiving 99.17% of list price. These closings represented a median price of $1,525,000 and an average price of $1,783,500. There were 58 new listings reported to the MLS for September.
Total Sales: $41,020,500
The Aug/2008 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 28 sales receiving 100.14% of list price. These closings represented a median price of $1,485,000 and an average price of $1,757,638. There were 28 new listings reported to the MLS for Aug/2008.
Total Sales: $49,213,888
Palo Alto Real Estate
Sept/2008~ Palo Alto Condos/Townhouses had 5 closed sales receiving 98.40% of list price. These closings represented a median price of $759,000 and an average price of $906,670. There were 21 new listings reported to the MLS for September.
Total Sales: $4,533,352
Aug/2008~ Palo Alto Condos/Townhouses had 8 closed sales receiving 101.01% of list price. These closings represented a median price of $825,750 and an average price of $786,134. There were 10 new listings reported to the MLS for Aug/2008.
Total Sales: $6,289,075
Sept/2008~ Single-Family Homes in Palo Alto had an average of 33 DOM and 35 CDOM. Condos/Townhouses had an average of 46 DOM and CDOM.
Aug/2008~ Single-Family Homes in Palo Alto had an average of 37 days on market (DOM) and 43 cumulative days on market (CDOM). Condos/Townhouses had an average of 23 DOM and 24 CDOM.
KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR), the Silicon Valley
Association of Realtors, (SILVAR), and the Santa Clara County
Association of Realtors, (SCCAOR). Not the least of which is
their statistical information on real estate transactions.
We love this stuff!
Pat Kapowich,
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com
