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

The July 2011 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 890 sales receiving 98.67% of list price. These closings represented a median price of $615,000 and an average price $785,898. There were 1,434 new listings reported to the MLS during July 2011. Total Sales:697,877,748

The July 2011 San Mateo County (SMC), Real Estate Sales Report for Single-Family Homes saw a closing of 414 sales receiving 97.83% of list price. These closings represented a median price of $746,000 and an average price of $960,730. There were 557 new listings reported to the MLS during July 2011. Total Sales: $397,742,466

July 2011 ~SCC Condos/Townhouses had 336 closed sales receiving 98.56% of list price. These closings represented a median price of $325,000 and an average price of $374,191. There were 497 new listings reported to the MLS during July 2011. Total Sales: $125,354,273

July 2011 ~SMC Condos/Townhouses had 102 closed sales receiving 97.85% of list price. These closings represented a median price of $326,050 and an average price of $400,007. There were 131 new listings reported to the MLS during July 2011. Total Sales: $40,800,810

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July 2011~Single-Family Homes in SCC had an average of 64 days on
market (DOM). Condos/Townhouses had an average of 81 DOM.

July 2011~Single-Family Homes in SMC had an average of 63 days on
market (DOM). Condos/Townhouses had an average of 80 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!