by Ryan Kapowich
The Q3 2008 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 76 sales receiving 95.71% of list price. These closings represented a median price of $1,265,000 and an average price of $1,577,520. There were 202 new listings reported reported for Q3 2008.
Total Sales: $119,891,526
vs
The Q3 2007 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 77 sales receiving 98.3% of list price. These closings represented a median price of $1,470,000 and an average price of $1,590,200. There were 119 new listings reported reported for Q3 2007.
Total Sales: $122,445,420
The Q3 2008 Completed Sales Report for Monte Sereno Single-Family Homes saw a closing of 8 sales receiving 96.75% of list price. These closings represented a median price of $2,505,000 and an average price of $2,768,000. There were 30 new listings reported reported for Q3 2008.
Total Sales: $22,144,000
vs
The Q3 2007 Completed Sales Report for Monte Sereno Single-Family Homes saw a closing of 9 sales receiving 96.62% of list price. These closings represented a median price of $2,050,000 and an average price of $2,458,055. There were 19 new listings reported reported for Q3 2007.
Total Sales: $22,122,500
The Q3 2008 Completed Sales Report for Saratoga Single-Family Homes saw a closing of 72 sales receiving 96.41% of list price. These closings represented a median price of $1,676,500 and an average price of $1,938,044. There were 171 new listings reported reported for Q3 2008.
Total Sales: $139,539,239
vs
The Q3 2007 Completed Sales Report for Saratoga Single-Family Homes saw a closing of 86 sales receiving 98.4% of list price. These closings represented a median price of $1,666,500 and an average price of $1,887,618. There were 132 new listings reported reported for Q3 2007.
Total Sales: $162,335,229
Q3 2008 ~ Los Gatos Condos/Townhouses had 19 closed sales receiving 96.74% of list price. These closings represented a median price of $715,000 and an average price of $678,272. There were 59 new listings reported for Q3 2008.
Total Sales: $12,887,170
vs
Q3 2007 ~ Los Gatos Condos/Townhouses had 24 closed sales receiving 98.99% of list price. These closings represented a median price of $695,000 and an average price of $699,433. There were 38 new listings reported for Q3 2007.
Total Sales: $16,786,400
Q3 2008~ Saratoga Condos/Townhouses had 15 closed sales receiving 97.78% of list price. These closings represented a median price of $625,000 and an average price of $702,833. There were 21 new listings reported for Q3.
Total Sales: $10,542,500
vs
Q3 2007 ~ Saratoga Condos/Townhouses had 9 closed sales receiving 99.51% of list price. These closings represented a median price of $605,000 and an average price of $722,994. There were 19 new listings reported for Q3 2007.
Total Sales: $6,506,950
Q3 2008 ~ Single-Family Homes in Los Gatos had an average of 50 days on market (DOM) and 74 cumulative days on market (CDOM). Condos/Townhouses had an average of 54 DOM and 63 CDOM.
vs
Q3 2007 ~ Single-Family Homes in Los Gatos had an average of 34 DOM and 53 CDOM. Condos/Townhouses had an average of 41 DOM and 47 CDOM.
Q3 2008 ~ Single-Family Homes in Monte Sereno had an average of 56 DOM and 74 CDOM.
vs
Q3 2007 ~ Single-Family Homes in Monte Sereno had an average of 23 DOM and 46 CDOM.
Q3 2008 ~ Single-Family Homes in Saratoga had an average of 31 DOM and 57 CDOM. Condos/Townhouses had an average of 47 DOM and 90 CDOM.
vs
Q3 2007 ~ Single-Family Homes in Saratoga had an average of 51 DOM and 80 CDOM.Condos/Townhouses had an average of 22 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.
We love this stuff!
Pat Kapowich,”Negotiating Smooth Transactions Throughout
The South Bay”SiliconValleyBroker.com
