December/2007 vs December/2006 Silicon Valley Real Estate Housing Sales Report for City of Milpitas ~ Map, Graphs & Stats

med6284.jpg by Ryan Kapowich

The December 2007 Completed Sales Report for Milpitas Single-Family Homes saw a closing of 15 sales receiving 97.28% of list price. These closings represented a median price of $585,000 and an average price of $617,825. There were 28 new listings reported to the MLS in December. Total Sales: $9,267,382

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The December 2006 Completed Sales Report for Milpitas Single-Family Homes saw a closing of 29 sales receiving 99.16% of list price. These closings represented a median price of $710,000 and an average price of $730,275. There were 28 new listings reported to the MLS in December. Total Sales: $21,1777,976

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Dec/2007~Milpitas Condos/Townhouses had 6 closed sales receiving 97.14% of list price. These closings represented a median price of $481,250 and an average price of $469,708. There were 7 new listings reported to the MLS in December. Total Sales: $2,818,251

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Dec/2006~Milpitas Condos/Townhouses had 14 closed sales receiving 99.00% of list price. These closings represented a median price of $557,500 and an average price of $534,564. There were 4 new listings reported to the MLS in December. Total Sales: $7,493,900

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Dec/2007~Single-family homes in Milpitas had an average of 53 days on market (DOM) and 91 cumulative days on market (CDOM). Condos/Townhouses had an average of 51 DOM and 149 CDOM.

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Dec/2006~Single-family homes in Milpitas had an average of 39 days on market (DOM) and 64 cumulative days on market (CDOM). Condos/Townhouses had an average of 50 DOM and 59 CDOM. zone-6.png

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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UncategorizedPat Kapowich