January/2008 vs January/2007 Silicon Valley Real Estate Sales Report for Redwood City ~ Stats, Graphs & Pics

lw4n6581.jpg The January 2008 Silicon Valley Sales Report for Redwood City Single-Family Homes saw a closing of 21 sales receiving 96.65% of list price. These closings represented a median price of $900,000 and an average price of $1,031,309. There were 86 new listings reported.

Total Sales: $21,657,500

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The January 2007 Silicon Valley Sales Report for Redwood City Single-Family Homes saw a closing of 32 sales receiving 100.8% of list price. These closings represented a median price of $755,000 and an average price of $846,246. There were 55 new listings reported.

Total Sales: $27,079,900

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2008~Redwood City Condos/Townhouses had 4 closed sales receiving 96.73% of list price. These closings represented a median price of $529,326 and an average price of $496,663. There were 10 new listings reported.

Total Sales: $1,986,652

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2007~Redwood City Condos/Townhouses had 4 closed sales receiving 97.77% of list price. These closings represented a median price of $649,500 and an average price of $592,250. There were 4 new listings reported.

Total Sales: $2,369,000

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Jan/2008~ Single-family homes in Redwood City had an average of 57 days on market (DOM) and 73 cumulative days on market (CDOM). Condos/Townhouses had an average of 103 DOM and CDOM.

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Jan/2007~Single-family homes in Redwood City had an average of 48 DOM and 57 CDOM. Condos/Townhouses had an average of 55 DOM and 70 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