by Ryan Kapowich

The August 2007 Completed Sales Report for San Jose’s Santa Teresa Single-Family Homes saw a closing of 13 sales receiving 98.10% of list price. These closings represented a median price of $645,000 and an average price
of $674,346. Sixty-four new listings were also reported.

Santa Teresa Condos/Townhouses had 1 closed sale receiving 98.58% of
list price. These closings represented a median price of and
an average price of $557,000. There were eleven new listings for the
month of August.

Single-family homes in Santa Teresa had an average of thirty-six days on
market (DOM) and seventy-two cumulative days on market (CDOM).

Condos/Townhouses had an average of twenty-four DOM and 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