January/2008 vs January/2007 Silicon Valley Real Estate Housing Sales for City of Los Gatos ~ Map, Graph, Stats & Pics

lw4n6581.jpg The January 2008 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 16 sales receiving 98.84% of list price. These closings represented a median price of $1,712,500 and an average price of $1,653,437. Forty-eight new listings were also reported.

Total Sales: $26,454,998

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The January 2007 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 23 sales receiving 95.42% of list price. These closings represented a median price of $1,600,00 and an average price of $1,718,013. Forty-five new listings were also reported.

Total Sales: $39,514,300

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2008~Los Gatos Condos/Townhouses had 2 closed sales receiving 99.97% of list price. These closings represented a median price and average price of $841,250. There were fourteen new listings for the month of January.

Total Sales: $1,682,500

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2007~Los Gatos Condos/Townhouses had 9 closed sales receiving 96.26% of list price. These closings represented a median price of $690,000 and an average price of 691,438. There were nine new listings reported.

Total Sales: $6,222,950

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2008~Single-Family Homes in January had an average of 26 days on market (DOM) and 72 cumulative days on market (CDOM). Condos/Townhouses had an average of 45 DOM and CDOM.

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2007~Single-family homes in January had an average of 52 DOM and 102 CDOM. Condos/Townhouses had an average of 50 DOM and 68 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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