2001 vs 2003 vs 2005 vs 2007 ~ Silicon Valley Real Estate Report for City of Palo Alto Condo/Townhouses (What Real Estate Bubble?)

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The 2007 Silicon Valley Real Estate Housing Sales Report for Palo Alto Condo/Townhouses saw a closing of 127 sales receiving 101.68% of list price. These closings represented a median price of $760,000 and an average price of $816,744. There were 147 new listings reported to the MLS during 2007.

Total Sales: $103,726,518

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The 2005 Silicon Valley Real Estate Housing Sales Report for Palo Alto Condo/Townhouses saw a closing of 172 sales receiving 103.74% of list price. These closings represented a median price of $642,000 and an average price of $680,948. There were 209 new listings reported to the MLS during 2005.

Total Sales: $117,123,085

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The 2003 Silicon Valley Real Estate Housing Sales Report for Palo Alto Condo/Townhouses saw a closing of 143 sales receiving 99.14% of list price. These closings represented a median price of $495,000 and an average price of $522,180. There were 183 new listings reported to the MLS during 2003.

Total Sales: $74,671,749

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The 2001 Silicon Valley Real Estate Housing Sales Report for Palo Alto Condo/Townhouses saw a closing of 79 sales receiving 99.09% of list price. These closings represented a median price of $490,000 and an average price of $519,550. There were 170 new listings reported to the MLS during 2001.

Total Sales: $41,044,500

Palo Altos Real Estate ~ Condos/Townhouses

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Palo Altos Real Estate ~ Condos/Townhouses

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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

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