February/2008 vs February/2007 San Mateo County Real Estate Housing Sales ~ Graphs, Pics & Stats ~ What Real Estate Bubble?

lw4n6581.jpg The March/2008 Completed Sales Report for San Mateo County Single-Family Homes saw a closing of 274 sales receiving 98.14 % of list price. These closings represented an average price of $1,158,731. There were 709 new listings reported to the MLS in March/2008.

Total Sales: $317,492,419

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The March/2007 Completed Sales Report for San Mateo County Single-Family Homes saw a closing of 409 sales receiving 100.85 % of list price. These closings represented an average price of $1,176,472. There were 714 new listings reported to the MLS in March/2007.

Total Sales: $481,177,441

San Mateo County Sales for Single-Family Homes

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March/2008~San Mateo County Condos/Townhouses had 89 closed sales receiving 97.50% of list price. These closings represented an average price of $607,448. There were 187 new listings reported to the MLS in March/2008.

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March/2007~San Mateo County Condos/Townhouses had 142 closed sales receiving 99.86% of list price. These closings represented an average price of $619,715. There were 262 new listings reported to the MLS in March/2007.

San Mateo County Sales for Condos & Townhouses

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March/2008~Single-Family Homes in San Mateo County had an average of 54 days on market (DOM) and 74 cumulative days on market (CDOM). Condos/Townhouses had an average of 56 DOM and 77 CDOM. vs

March/2007~Single-Family Homes in San Mateo County had an average of 40 days on market (DOM) and 53cumulative days on market (CDOM). Condos/Townhouses had an average of 43 DOM and 59 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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