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.

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.

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!

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