Silicon Valley Real Estate Housing Sales Report for the City of Cupertino~August/07

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The August 2007 Completed Sales Report for Cupertino Single-Family
Homes saw a closing of 50 sales receiving 101.54% of list price. These
closings represented a median price of $1,148,500 and an average price
of $1,256.590. Sixty-seven new listings were also reported.

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Cupertino Condos/Townhouses had 31 closed sales receiving 102.02% of
list price. These closings represented a median price of $665,000 and
an average price of $653,612. There were thirty-two new listings for the
month of August.

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Single-family homes in Cupertino had an average of twenty days on
market (DOM) and twenty-nine cumulative days on market (CDOM).

Condos/Townhouses had an average of twenty-five DOM and twenty-five CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of
SILVAR
& SCCAOR which partly support REInfoLink, a Multiple Listing Service (MLS). REInfoLink also maintains statistics on real estate transactions for
Santa Clara County and San Mateo County. We love this stuff!

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Pat Kapowich, “Negotiating Smooth Transactions Throughout The South

Bay” SiliconValleyBroker.com

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