Silicon Valley Real Estate Housing Sales for Zone 4 Alum Rock, Zone 5 Berressa & Zone 9 Central San Jose ~ Q/4 2008 to Q/3 2008 ~ Stats, Maps & Graphs

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by Ryan Kapowich
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The Q4 2008 Completed Sales Report for Zone 4, Alum Rock Single-Family Homes saw a closing of 308 sales receiving 101.22% of list price. These closings represented a median price of $320,000 and an average price of $334,702. There were 581 new listings reported reported for Q4. Total Sales: $103,088,216

The Q3 2008 Completed Sales Report for Zone 4, Alum Rock Single-Family Homes saw a closing of 254 sales receiving 98.49% of list price. These closings represented a median price of $360,000 and an average price of $383,644. There were 657 new listings reported reported for Q3. Total Sales: $97,445,799

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

The Q4 2008 Completed Sales Report for Zone 5, Berryessa Single-Family Homes saw a closing of 132 sales receiving 98.13% of list price. These closings represented a median price of $517,450 and an average price of $524,213. There were 199 new listings reported reported for Q4. Total Sales: $69,196,210

The Q3 2008 Completed Sales Report for Zone 5, Berryessa Single-Family Homes saw a closing of 147 sales receiving 98.16% of list price. These closings represented a median price of $570,000 and an average price of $565,986. There were 312 new listings reported reported for Q3. Total Sales: $83,200,070

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

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

The Q4 2008 Completed Sales Report for Zone 9, Central San Jose Single-Family Homes saw a closing of 118 sales receiving 98.18% of list price. These closings represented a median price of $405,000 and an average price of $468,618. There were 235 new listings reported reported for Q4. Total Sales: $55,296,995

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

The Q3 2008 Completed Sales Report for Zone 9, Central San Jose Single-Family Homes saw a closing of 124 sales receiving 98.44% of list price. These closings represented a median price of $429,950 and an average price of $480,261. There were 287 new listings reported reported for Q3. Total Sales: $59,552,455

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

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Q4 2008~ Zone 4 Condos/Townhouses had 59 closed sales receiving 98.24% of list price. These closings represented a median price of $190,000 and an average price of $191,910. There were 101 new listings reported for Q4. Total Sales: $11,332,725

Q3 2008~ Zone 4 Condos/Townhouses had 34 closed sales receiving 97.85% of list price. These closings represented a median price of $217,000 and an average price of $233,754. There were 148 new listings reported for Q3. Total Sales: $7,947,650

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


Q4 2008~ Zone 5 Condos/Townhouses had 45 closed sales receiving 99.20% of list price. These closings represented a median price of $277,500 and an average price of $300,040. There were 90 new listings reported for Q4. Total Sales: $13,501,800

Q3 2008~ Zone 5 Condos/Townhouses had 60 closed sales receiving 96.47% of list price. These closings represented a median price of $335,000 and an average price of $345,708. There were 108 new listings reported for Q3. Total Sales: $20,742,489

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


Q4 2008~ Zone 9 Condos/Townhouses had 48 closed sales receiving 97.16% of list price. These closings represented a median price of $410,000 and an average price of $384,163. There were 111 new listings reported for Q4. Total Sales: $18,439,841

Q3 2008~ Zone 9 Condos/Townhouses had 73 closed sales receiving 96.97% of list price. These closings represented a median price of $440,000 and an average price of $427,142. There were 166 new listings reported for Q3. Total Sales: $31,181,402

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

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


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Q4 2008~Single-Family Homes in Zone 4 had an average of 61 days on market (DOM) and 115 cumulative days on market (CDOM). Condos/Townhouses had an average of 63 DOM and 121 CDOM.

Q4 2008~Single-Family Homes in Zone 5 had an average of 60 DOM and 94 CDOM. Condos/Townhouses had an average of 48 DOM and 66 CDOM.

Q4 2008~Single-Family Homes in Zone 9 had an average of 70 DOM and 119 CDOM. Condos/Townhouses had an average of 64 DOM and 86 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). Not the least of which is
their statistical information on real estate transactions.

Pat Kapowich,
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com

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