December/2007 vs December/2006 Los Altos Real Estate Housing Sales ~ Stats, Pics & Graph

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The December 2007 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 19 sales receiving 97.2% of list price. These closings represented a median price of $1,750,000 and an average price of $1,987,268. Twelve new listings were also reported.

Total Sales: $37,758,100

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The December 2006 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 28 sales receiving 97.36% of list price. These closings represented a median price of $1,496,950 and an average price of $1,780,448. Seven new listings were also reported.

Total Sales: $ 49,852,568

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2007~ Los Altos Condos/Townhouses had 5 closed sales receiving 98.62% of list price. These closings represented a median price of $859,000 and an average price of $831,800. There were zero new listings for the month of December.

Total Sales: $4,159,000

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2006~ Los Altos Condos/Townhouses had 3 closed sales receiving 96.06% of list price. These closings represented a median price of $503,250 and an average price of $558,750. There were 1 new listings for the month of December.

Total Sales: $ 1,676,250

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2007~ Single-family homes in Los Altos had an average of 35 days on market (DOM) and 56 cumulative days on market (CDOM). Condos/Townhouses had an average of 31 DOM CDOM.

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2006~ Single-family homes in Los Altos had an average of 29 DOM and 51 CDOM. Condos/Townhouses had an average of 34 DOM and 94 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!

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Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay" SiliconValleyBroker.com

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