January/2008 vs January/2007 Silicon Valley Real Estate Housing Sales Report for City of Menlo Park ~ Pics, Graph & Stats

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The January 2008 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 11 sales receiving 99.13% of list price. These closings represented a median price of $1,505,000 and an average price of $1,549,727. There were 45 new listings for the month of January.

Total Sales: $ 17,047,000

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The January 2007 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 22 sales receiving 98.75% of list price. These closings represented a median price of $1,137,500 and an average price of $1,347,272. There were 39 new listings for the month of January.

Total Sales: $ 29,639,995

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Jan/2008~Menlo Park Condos/Townhouses had 2 closed sales receiving 98.78% of list price. These closings represented a median price of $1,010,000 and an average price of $1,010,000. There were 10 new listings for the month of January.

Total Sales: $2,020,000

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Jan/2007~Menlo Park Condos/Townhouses had 8 closed sales receiving 100.94% of list price. These closings represented a median price of $657,500 and an average price of $708,625. There were 8 new listings for the month of January.

Total Sales: $5,669,000

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Jan/2008~Single-Family Homes in Menlo Park had an average of 26 days on market (DOM) and cumulative days on market (CDOM). Condos/Townhouses had anaverage of 36 DOM and 80 CDOM.

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Jan/2007~Single-Family Homes in Menlo Park had an average of 75 DOM and 86 CDOM. Condos/Townhouses had an average of 76 DOM and 88 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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UncategorizedRyan Kapowich