By Ryan Kapowich

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

The April 2009 Completed Sales Report for Zone 2, Santa Teresa Single-Family Homes saw a closing of 27 sales receiving 97.47% of list price. These closings represented a median price of $450,000 and an average price of $461,333. There were 29 new listings reported reported for April. Total Sales: $12,456,000

May 2009~ Zone 2 Condos/Townhouses had 5 closed sale 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

April 2009~ Zone 2 Condos/Townhouses had 5 closed sale receiving 99.82% of list price. This closing represented a median price of $297,000 and an average price of $314,380. There was 8 new listings reported for April. Total Sales: $1,571,900

May 2009~Single-Family Homes in Zone 2 had an average of 56 days on market (DOM) and 89 cumulative days on market (CDOM). Condos/Townhouses had an average of 92 DOM and 158 CDOM.

April 2009~Single-Family Homes in Zone 2 had an average of 78 days on market (DOM) and 143 cumulative days on market (CDOM). Condos/Townhouses had an average of 71 DOM and 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.

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.