Silicon Valley Real Estate Housing Sales for San Jose’s Zone 2 Santa Teresa ~ June to May 2009 ~ Stats & Graphs

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By Ryan Kapowich

The June 2009 Completed Sales Report for Zone 2, Santa Teresa Single-Family Homes saw a closing of 21 sales receiving 101.07% of list price. These closings represented a median price of $495,000 and an average price of $491,140. There were 27 new listings reported reported for June. Total Sales: $10,313,947

The May 2009 Completed Sales Report for Zone 2, Santa Teresa Single-Family Homes saw a closing of 17 sales receiving 100.17% of list price. These closings represented a median price of $439,995 and an average price of $467,411. There were 24 new listings reported reported for May. Total Sales: $7,945,995

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Real Estate Market Chart by Altos Research www.altosresearch.com

June 2009~ Zone 2 Condos/Townhouses had 7 closed sales receiving 100.82% of list price. This closing represented a median price of $339,000 and an average price of $333,000. There was 4 new listings reported for June. Total Sales: $2,331,000

May 2009~ Zone 2 Condos/Townhouses had 5 closed sales receiving 97.38% of list price. This closing represented a median price of $273,000 and an average price of $296,600. There was 5 new listings reported for May. Total Sales: $1,483,000

Real Estate Market Chart by Altos Research www.altosresearch.com

June 2009~Single-Family Homes in Zone 2 had an average of 87 days on market (DOM). Condos/Townhouses had an average of 91 DOM.

May 2009~Single-Family Homes in Zone 2 had an average of 56 DOM. Condos/Townhouses had an average of 92 DOM.

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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.

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KAPOWICH REAL ESTATE is a leading real estate brokerage for buyers and sellers in Silicon Valley, providing an unparalleled level of research, education and service. The father/son team has extensive experience in single-family and townhouse/condo buying and selling. Their specialty is “move-up” and “down-size” transactions for clients who wish to sell a home and buy a replacement simultaneously.

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