January/2008 vs January/2007 Silicon Valley Real Estate Housing for San Jose's Almaden Valley ~ Map, Graphs & Stats ~ What Real Estate Bubble?

med62844.jpg by Ryan Kapowich

The January 2008 Completed Sales Report for Almaden Valley Single-Family Homes saw a closing of 10 sales receiving 99.43% of list price. These closings represented a median price of $1,185,000 and an average price of $1,200,500. There were 29 new listings reported to MLS for the month of January.

Total Sales: $12,005,000

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The January 2007 Completed Sales Report for Almaden Valley Single-Family Homes saw a closing of 13 sales receiving 96.31% of list price. These closings represented a median price of $1,056,000 and an average price of $1,176,153. There were 33 new listings reported to MLS for the month of January.

Total Sales: $15,290,000

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Jan/2008~Almaden Valley Condos/Townhouses had 5 closed sales receiving 98.13% of list price. These closings represented a median price of $660,000 and an average price of $689,400. There were 3 new listings for the month reported to MLS for the month of January.

Total Sales: $3,447,000

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Jan/2007~Almaden Valley Condos/Townhouses had 1 closed sale receiving 97.36% of list price. These closings represented a median price of and average price of $720,000. There were 8 new listings reported to MLS for the month of January.

Total Sales: $720,000

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~Picture by the Almaden Valley Community Association~

Jan/2008~Single-Family Homes in Almaden Valley had an average of 31 days on market (DOM) and 33 cumulative days on market (CDOM). Condos/Townhouses had an average of 48 DOM and 60 CDOM.

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Jan/2007~Single-Family Homes in Almaden Valley had an average of 39 DOM and 55 CDOM. Condos/Townhouses had an average of 14 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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UncategorizedPat Kapowich