February/2008 vs February/2007 South San Jose Real Estate Housing Sales ~ Map, Graphs & Stats

med6284.jpg by Ryan Kapowich

The February/2008 Silicon Valley Real Estate Housing Sales Report for South San Jose Single-Family Homes saw a closing of 17 sales receiving 96.74% of list price. These closings represented a median price of $470,000 and an average price of $477,041. There were 134 new listings reported to the MLS in February.

Total Sales: $8,109,700

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The February/2007 Silicon Valley Real Estate Housing Sales Report for South San Jose Single-Family Homes saw a closing of 27 sales receiving 99.62% of list price. These closings represented a median price of $640,000 and an average price of $640,030. There were 63 new listings reported to the MLS during February 2007.

Total Sales: $17,280,836

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View Larger Map In Feb/2008 South San Jose Condos/Townhouses had 6 closed sales receiving 97.46% of list price. These closings represented a median price of $294,950 and an average price of $303,400. There were 44 new listings reported to the MLS during February.

Total Sales: $1,820,400

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In Feb/2007 South San Jose Condos/Townhouses had 11 closed sales receiving 100.97% of list price. These closings represented a median price of $400,000 and an average price of $409,909. There were 38 new listings reported to the MLS during February 2007.

Total Sales: $4,509,000

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In Feb/2008 Single-family homes in South San Jose had an average of 94 days on market (DOM) and 106 cumulative days on market (CDOM). Condos/Townhouses had an average of 77 DOM and 113 CDOM.

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In Feb/2007 and Single-family homes in South San Jose had an average of 75 DOM and 83 CDOM. Condos/Townhouses had an average of 76 DOM and 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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