February/2008 vs February/2007 Silicon Valley Real Estate Housing Sales for Santa Clara County ~ Stats & Graphs

lw4n6581.jpg The February/2008 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 424 sales receiving 98.20% of list price. These closings had an average price of $988.772. There were 1,855 new listings reported.

Total Sales: $418,250,943

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The February/2007 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 695 sales receiving 99.72% of list price. These closings represented an average price of $968,460. There were 1,381 new listings reported.

Total Sales: $673,080,106

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February/2008~Santa Clara County Condos/Townhouses had 141 closed sales receiving 98.00% of list price. These closings had an average price of $553,161. There were 623 new listings for the month of February.

Total Sales: $77,995,823

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February/2007~Santa Clara County Condos/Townhouses had 338 closed sales receiving 99.63% of list price. These closings had an average price of $536,427. There were 513 new listings for the month of February.

Total Sales: $181,312,502

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February/2008~Single-Family Homes in Santa Clara County had an average of 58 days on market (DOM) and 81 cumulative days on market (CDOM). Condos/Townhouses had an average of 64 DOM and 85 CDOM.

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February/2007~Single-Family Homes in Santa Clara County had an average of 52 DOM and 73 CDOM. Condos/Townhouses had an average of 51 DOM and 70 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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