Silicon Valley Real Estate Housing Sales Report for Santa Clara County vs San Mateo County ~ February 2011 ~ Pics & Stats

The February/2011 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 632 sales receiving 98.35% of list price. These closings represented a median price of $528,000 and an average price of $673,797. There were 1,347 new listings reported to the MLS during Feb/2011. Total Sales: $423,144,824

The February/2011 San Mateo County (SMC), Real Estate Sales Report for Single-
Family Homes saw a closing of 221 sales receiving 97.21% of list price. These closings represented a median price of $634,000 and an average price of $860,819. There were 574 new listings reported to the MLS during Feb/2011. Total Sales: $189,380,370

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Silicon Valley facing North

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February/2011~SCC Condos/Townhouses had 296 closed sales receiving 98.03% of list price. These closings represented a median price of $295,999 and an average price of $346,701. There were 513 new listings reported to the MLS during Feb/2011. Total Sales: $102,276,862

February/2011~SMC Condos/Townhouses had 76 closed sales receiving 96.30% of list price. These closings represented a median price of $372,500 and an average price of $402,815. There were 190 new listings reported to the MLS during Feb/2011. Total Sales: $30,614,003

Days on Market

February/2011~Single-Family Homes in SCC had an average of 88 days on
market (DOM). Condos/Townhouses had an average of 102 DOM.

February/2011~Single-Family Homes in SMC had an average of 84DOM. Condos/Townhouses had an average of 95 DOM.

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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!