by Ryan Kapowich 

The Mar/2008 Silicon Valley Sales Report for Redwood City Single-Family
Homes saw a closing of 36 sales receiving 97.72% of list price. These
closings represented a median price of $867,500 and an average price
of $1,051,275. There were 89 new listings reported to the MLS for Mar/2008.

Total Sales: $37,845,900

vs

The Mar/2005 Silicon Valley Sales Report for Redwood City Single-Family
Homes saw a closing of 60 sales receiving 107,39% of list price. These
closings represented a median price of $899,500 and an average price
of $981,741. There were 87 new listings reported to the MLS for Mar/2005.

Total Sales: $58,904,500

vs

The Mar/2003 Silicon Valley Sales Report for Redwood City Single-Family
Homes saw a closing of 97 sales receiving 100.06% of list price. These closings represented a median price of $662,500 and an average price of $757,507. There were 97 new listings reported to the MLS for Mar/2003.

Total Sales: $33,330,350

vs

The Mar/2001 Silicon Valley Sales Report for Redwood City Single-Family
Homes saw a closing of 40 sales receiving 101.95% of list price. These
closings represented a median price of $562,500 and an average price
of $651,575. There were 120 new listings reported to the MLS for Mar/2001.

Total Sales: $26,063,000

~Real Estate City Real Estate ~ Single-Family Homes~

Mar/2008~Redwood City Condos/Townhouses had 1 closed sales receiving 97.79% of list price. These closings represented a median price of $440,000 and an average price of $440,000. There were 13 new listings reported to the MLS for Mar/2008.

Total Sales: $440,000

vs

Mar/2005~Redwood City Condos/Townhouses had 5 closed sales receiving 112,39% of list price. These closings represented a median price of $543,000 and an average price of $568,200. There were 11 new listings reported to the MLS for Mar/2005.

Total Sales: $2,841,000

vs

Mar/2003~Redwood City Condos/Townhouses had 7 closed sales receiving 99.01% of list price. These closings represented a median price of $450,000 and an average price of $434,642. There were 15 new listings reported to the MLS for Mar/2003.

Total Sales: $3,042,500

vs

Mar/2001~Redwood City Condos/Townhouses had 6 closed sales receiving 101.25% of list price. These closings represented a median price of $385,000 and an average price of $415,333. There were 18 new listings reported to the MLS for Mar/2001.

Total Sales: $2,492,000

~Real Estate City Real Estate ~ Condos & Townhouses~

Mar/2008~ Single-family homes in Redwood City had an average of 30 days on market (DOM) and 75 cumulative days on market (CDOM). Condos/Townhouses had an average of 128 DOM and CDOM.

vs

Mar/2005~Single-family homes in Redwood City had an average of 16 DOM and CDOM. Condos/Townhouses had an average of 10 DOM and 21 CDOM.

vs

Mar/2003~ Single-family homes in Redwood City had an average of 41 days on market (DOM) and 66 cumulative days on market (CDOM). Condos/Townhouses had an average of 31 DOM and 47 CDOM.

vs

Mar/2001~Single-family homes in Redwood City had an average of 17 DOM and 25 CDOM. Condos/Townhouses had an average of 18 DOM and 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