SiliconValleyBroker.com header image 2

Silicon Valley Real Estate Housing Sales for the City of San Jose ~ October vs August 2009 ~ Fewer Days on the Market & Prices Bounce Up

November 21st, 2009 · No Comments

100_9063

De Anza Hotel

The October 2009 Completed Sales Report for the city of San Jose Single-Family Homes saw a closing of 584 sales receiving 100.11% of list price. These closings represented a median price of $520,000 and an average price of $560,000. There were 825 new listings reported reported for October. Total Sales: $327,604,110

The August 2009 Completed Sales Report for San Jose Single-Family Homes saw a closing of 573 sales receiving 100.27% of list price. These closings represented a median price of $485,000 and an average price of $534,493. There were 845 new listings reported to the MLS for August 2009. Total Sales: $306,264,813

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

San Jose’s Rose Garden


100_3985

October 2009 ~ San Jose Condos/Townhouses had 229 closed sales receiving 100.84% of list price. These closings represented a median price of $280,000 and an average price of $311,695. There were 315 new listings reported for October. Total Sales: $71,378,307

The August 2009 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 204 sales receiving 100.16% of list price. These closings represented a median price of $266,000 and an average price of $300,018. There were 340 new listings reported to the MLS for August 2009. Total Sales: $61,203,817

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

October 2009 ~ Single-Family Homes in San Jose had an average of 69 days on market (DOM). Condos/Townhouses had an average of 72 DOM.

August 2009 ~Single-Family Homes in Central San Jose had an average of 80 days on market (DOM). Condos/Townhouses had an average of 91 DOM.

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.

100_3891Children’s Discovery Museum

Tags: Housing Market Updates

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment