December/2007 vs December/2006 Santa Teresa Real Estate Housing Sales Report ~ San Jose's Zone 2 ~ Map, Graphs, Pics & Stats

med62845.jpg by Ryan Kapowich

The December 2007 Completed Sales Report for Santa Teresa Single-Family Homes saw a closing of 9 sales receiving 95.93% of list price. These closings represented a median price of $645,000 and an average price of $621,888. There were 25 new listings for the month of December.

Total Sales: $5,597,000

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The December 2006 Completed Sales Report for Santa Teresa Single-Family Homes saw a closing of 25 sales receiving 99.56% of list price. These closings represented a median price of $685,000 and an average price of $716,973. There were 11 new listings for the month of December.

Total Sales: $17,924,326

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2007~Santa Teresa Condos/Townhouses had 2 closed sales receiving 93.84% of list price. These closings represented a median price of $468,750 and an average price of $468,750. There were 9 new listings for the month of December.

Total Sales: $937,500

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2006~Santa Teresa Condos/Townhouses had 4 closed sales receiving 99.41% of list price. These closings represented a median price of $486,000 and an average price of $501,750. There were 8 new listings for the of month December.

Total Sales: $2,007,000

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Dec/2007~Single-Family Homes in Santa Teresa had an average of 62 days on market (DOM) and 103 cumulative days on market (CDOM). Condos/Townhouses had an average of 55 DOM and 104 CDOM. vs

Dec/2006~Single-Family Homes in Santa Teresa had an average of 55 days on market (DOM) and 83 cumulative days on market (CDOM). Condos/Townhouses had an average of 76 DOM and 158 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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