December/2007 vs December/2006 Silicon Valley Real Estate Housing for San Jose's Almaden Valley ~ Zone 13 with Map, Graphs & Stats ~ What Real Estate Bubble?

med62844.jpg by Ryan Kapowich

The December 2007 Completed Sales Report for Almaden Valley Single-Family Homes saw a closing of 13 sales receiving 96.92% of list price. These closings represented a median price of $1,050,000 and an average price of $971,346. There were 14 new listings reported. Total Sales: $12,627,500

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The December 2006 Completed Sales Report for Almaden Valley Single-Family Homes saw a closing of 29 sales receiving 97.57% of list price. These closings represented a median price of $1,040,000 and an average price of $1,120,720. There were 16 new listings reported. Total Sales: $32,500,888

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2007~Almaden Valley Condos/Townhouses had 2 closed sale receiving 95.31% of list price. These closings represented a median price of $756,250 and an average price of $756,250. There were 2 new listings for the month of December. Total Sales: $1,512,500

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2006~Almaden Valley Condos/Townhouses had 7 closed sale receiving 98.73% of list price. These closings represented a median price of $664,450 and an average price of $719,332. There were ~Zero~ new listings for the month of December. Total Sales: $5,035,330 13ct4.png

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~Picture by the Almaden Valley Community Association~

2007~Single-Family Homes in Almaden Valley had an average of 46 days on market (DOM) and 52 cumulative days on market (CDOM). Condos/Townhouses had an average of 122 DOM and CDOM.

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2006~Single-Family Homes in Almaden Valley had an average of 61 days on market (DOM) and 78 cumulative days on market (CDOM). Condos/Townhouses had an average of 41 DOM and 74 CDOM.

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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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