The Q2/2008 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 2,512 sales receiving 98.43% of list price. These closings represented a median price of $755,000 and an average price of $951,256. There were 6,321 new listings reported to the MLS during Q2/2008.  Total Sales: $2,386,701,759

vs

The Q2/2008 San Mateo County (SMC), Real Estate Sales Report for Single-
Family Homes saw a closing of 1,104 sales receiving 98.00% of list price. These closings represented a median price of $872,500 and an average price of $1,167,501. There were 2,298 new listings reported to the MLS during Q2/2008.  Total Sales: $1,286,586,817

Single Family Homes

Q2/2008~SCC Condos/Townhouses had 747 closed sales receiving 98.22% of list price. These closings represented a median price of $488,000 and an average price of $525,501. There were 2,084 new listings reported to the MLS during Q2/2008.

Total Sales: $392,549,735

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Q2/2008~SMC Condos/Townhouses had 253 closed sales receiving 97.47% of list price. These closings represented a median price of $530,000 and an average price of $592,242. There were 558 new listings reported to the MLS during Q2/2008.

Total Sales: $149,837,272

Condos & Townhouses

Days on Market

Q2/2008~Single-Family Homes in SCC had an average of 49 days on
market (DOM) and 73 cumulative days on market (CDOM). Condos/Townhouses had an average of 51 DOM and 69 CDOM.

vs

Q2/2008~Single-Family Homes in SMC had an average of 47 DOM and 64 CDOM. Condos/Townhouses had an average of 59 DOM and 75 CDOM

KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR), the Silicon Valley
Association of Realtors, (SILVAR), and the Santa Clara County
Association of Realtors, (SCCAOR).  Not the least of which is
their statistical information on real estate transactions.
We love this stuff!

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