The August 2007 Completed Sales Report for Los Altos Single-Family
Homes saw a closing of 28 sales receiving 104.31% of list price! These
closings represented a median price of $1,782,500 and an average price
of $1,891,663. Thirty-nine new listings were also reported.

Los Altos Condos/Townhouses had 1 closed sales receiving 96.06% of
list price. This closing represents a median and an average price
of $950,000. There were four new listings for the month of August.

Single-family homes in August had an average of twenty-three days on
market (DOM) and thirty-five cumulative days on market (CDOM).

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

It is beneficial for KAPOWICH REAL ESTATE to be a member of SILVAR & SCCAOR

which partly supports 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