January/2008 vs January/2007 Silicon Valley Real Estate Housing Sales Report for City of Los Altos ~ Pics, Graphs & Stats

lw4n6581.jpg The January/2008 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 13 sales receiving 100.01% of list price. These closings represented a median price of $1,880,000 and an average price of $1,963,346. There were 28 new listings reported to the MLS for the month of January.

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The January/2007~Completed Sales Report for Los Altos Single-Family Homes saw a closing of 15 sales receiving 95.58% of list price. These closings represented a median price of $1,480,000 and an average price of $1,744,200. There were 23 new listings reported to the MLS for the month of January.

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January/2008~ Los Altos Condos/Townhouses had 2 closed sales receiving 99.27% of list price. These closings represented a median price and an average price of $672,000. There were 6 new listings reported to the MLS for the month of January.

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January/2007~ Los Altos Condos/Townhouses had 4 closed sales receiving 99.86% of list price. These closings represented a median price of $756,250 and an average price of $734,375. There were 6 new listings reported to the MLS for the month of January.

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January/2008~ Single-Family Homes in Los Altos had an average of 23 days on market (DOM) and 30 cumulative days on market (CDOM). Condos/Townhouses had an average of 30 DOM and CDOM.

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January/2007~ Single-Family Homes in Los Altos had an average of 50 days on market (DOM) and 98 cumulative days on market (CDOM). Condos/Townhouses had an average of 25 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!

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Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay" SiliconValleyBroker.com

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