January/2008 vs January/2007 Silicon Valley Real Estate Housing Sales for Central San Jose~ Map, Graphs & Stats ~ Zone 9's Central San Jose, Burbank & Rose Garden Areas

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The January 2008 Silicon Valley Sales Report for Central San Jose Single-Family Homes saw a closing of 19 sales receiving 97.19% of list price. These closings represented a median price of $649,000 and an average price of $696,599. There were 90 new listings also reported.

Total Sales: $13,235,388

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The January 2007 Completed Sales Report for Central San Jose Single-Family Homes saw a closing of 30 sales receiving 99.71% of list price. These closings represented a median price of $604,400 and an average price of $700,973. There 75 new listings also reported.

Total Sales: $12,831,400

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2008~Central San Jose Condos/Townhouses had 12 closed sales receiving 97.27% of list price. These closings represented a median price of $456,250 and an average price of $449,480. There were 71 new listings for the month of January.

Total Sales: $13,235,388

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2007~Central San Jose Condos/Townhouses had 24 closed sales receiving 99.28% of list price. These closings represented a median price of $547,500 and an average price of $534,641. There were 52 new listings for the month of January.

Total Sales: $ 12,831,400

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2008~Single-Family Homes in Central San Jose had an average of 55 days on market (DOM) and 88 cumulative days on market (CDOM). Condos/Townhouses had an average of 72 DOM and 95 CDOM.

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2007~Single-Family Homes in Central San Jose had an average of 53 DOM and 67 CDOM. Condos/Townhouses had an average of 63 DOM and 72 CDOM.

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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