Silicon Valley Real Estate Housing Sales Report for August 2011 ~ Santa Clara County vs San Mateo County

The August 2011 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 991 sales receiving 98.03% of list price. These closings represented a median price of $600,000 and an average price $766,279. There were 1,292 new listings reported to the MLS during August 2011. Total Sales:758,617,125

The August 2011 San Mateo County (SMC), Real Estate Sales Report for Single-Family Homes saw a closing of 430 sales receiving 97.73% of list price. These closings represented a median price of $750,000 and an average price of $943,934. There were 601 new listings reported to the MLS during August 2011. Total Sales: $404,948,109

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August 2011 ~SCC Condos/Townhouses had 388 closed sales receiving 98.80% of list price. These closings represented a median price of $300,000 and an average price of $365,399. There were 504 new listings reported to the MLS during August 2011. Total Sales: $141,775,074

August 2011 ~SMC Condos/Townhouses had 100 closed sales receiving 97.46% of list price. These closings represented a median price of $401,250 and an average price of $442,960. There were 129 new listings reported to the MLS during August 2011. Total Sales: $44,296,012

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August 2011~Single-Family Homes in SCC had an average of 62 days on
market (DOM). Condos/Townhouses had an average of 76 DOM.

August 2011~Single-Family Homes in SMC had an average of 58 days on
market (DOM). Condos/Townhouses had an average of 74 DOM.

KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors,
the California Association of Realtors, Santa Clara County
Association of Realtors and the Silicon Valley
Association of Realtors. Not the least of which is
their statistical information on real estate transactions!