The July 2007 Completed Sales Report for Cupertino Single-Family Homes saw a closing of 43 sales receiving 100.97% of list price! These closings represented a median price of $1,250,000 and an average price of $1,409,994. There were also 45 new listings reported.

Cupertino Condos/Townhouses had 21 closed sales receiving 99.54% of list price. These closings represented a median price of $644,190 and an average price of $691,834. There were 17 new listings for the month of July.

Cupertino Single-Family Homes had an average of 31 Days on Market (DOM) and 34 Cumulative Days on Market (CDOM). Condos/Townhouses had an average of 32 DOM and 40 CDOM.

It’s a good thing KAPOWICH REAL ESTATE is a member of SILVAR & SCCAOR which partly support REInfoLink, a Multiple Listing Service, (MLS), which also maintains statistics on real estate transactions for Santa Clara County and San Mateo County). We love this stuff!

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

SiliconValleyBroker.com