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

TheĀ May 2011 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 966 sales receiving 99.21% of list price. These closings represented a median price of $602,500 and an average price of $773,757. There were 1,629 new listings reported to the MLS during May 2011. Total Sales: $745,902,666

The May 2011 San Mateo County (SMC), Real Estate Sales Report for Single-Family Homes saw a closing of 418 sales receiving 97.91% of list price. These closings represented a median price of $825,000 and an average price of $1,040,343. There were 672 new listings reported to the MLS during May 2011. Total Sales: $429,661,754

May 2011 ~SCC Condos/Townhouses had 94 closed sales receiving 97.98% of list price. These closings represented a median price of $330,000 and an average price of $396,887. There were 174 new listings reported to the MLS during May 2011. Total Sales: $37,307,401

May 2011 ~SMC Condos/Townhouses had 94 closed sales receiving 97.98% of list price. These closings represented a median price of $330,000 and an average price of $396,887. There were 174 new listings reported to the MLS during May 2011. Total Sales: $37,307,401

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May 2011~Single-Family Homes in SCC had an average of 66 days on
market (DOM). Condos/Townhouses had an average of 82 DOM.

May 2011~Single-Family Homes in SMC had an average of 70 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 and the Silicon Valley
Association of Realtors. Not the least of which is
their statistical information on real estate transactions!

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