by Ryan Kapowich

The May 2009 Completed Sales Report for Zone 9, Central San Jose Single-Family Homes saw a closing of 48 sales receiving 96.89% of list price. These closings represented a median price of $324,000 and an average price of $345,955. There were 83 new listings reported reported for May.

May 2009~ Zone 9 Condos/Townhouses had 33 closed sales receiving 98.04% of list price. These closings represented a median price of $359,100 and an average price of $343,501. There were 31 new listings reported for May.

Total Sales: $11,335,544

May 2009~Single-Family Homes in Zone 9 had an average of 48 DOM and 98 CDOM. Condos/Townhouses had an average of 33 DOM and 93 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.