by Ryan Kapowich

The December 2007 Completed Sales Report for South San Jose Single-Family Homes saw a closing of 25 sales receiving 100.99% of list price. These closings represented a median price of $640,000 and an average price of $647,013. Seventy four new listings were also reported.

Total Sales: $16,175,348

vs.

The December 2006 Completed Sales Report for South San Jose Single-Family Homes saw a closing of 36 sales receiving 100.49% of list price. These closings represented a median price of $664,500 and an average price of $663,035. Twenty nine new listings were also reported.

Total Sales: $23,869,271

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In 2007 South San Jose Condos/Townhouses had 11 closed sales receiving 100.38% of list price. These closings represented a median price of $415,000 and an average price of $410,340. There were forty four new listings for the month of December.

Total Sales: $4,513,750

vs.

In 2006 South San Jose Condos/Townhouses had 11 closed sales receiving 100.39% of list price. These closings represented a median price of $420,000 and an average price of $412,995. There were thirteen new listings for the month of December

Total Sales: $ 4,542,950

In 2007 Single-family homes in South San Jose had an average of 78 days on market (DOM) and 89 cumulative days on market (CDOM). Condos/Townhouses had an average of 78 DOM and CDOM.

vs.

In 2006 Single-family homes in South San Jose had an average of 52 DOM and 71 CDOM. Condos/Townhouses had an average of 40 DOM
and 48 CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of
Silicon Valley Association of Realtors and Santa Clara County
Association of Realtors which partly supports MLSListings,
a Multiple Listing Service (MLS). MLSListings, 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