Los Altos Real Estate Housing Sales Report for October/2007 ~ Stats, Pics & Graph
The October 2007 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 21 sales receiving 103.59% of list price. These closings represented a median price of $1,775,000 and an average price of $1,975,619. Thirty-five new listings were also reported.
Los Altos Condos/Townhouses had 14 closed sales receiving 101.32% of list price. These closings represented a median price of $910,500 and an average price of $922,357. There were nine new listings for the month of October.
Single-family homes in Los Altos had an average of 17 days on market (DOM) and 22 cumulative days on market (CDOM). Condos/Townhouses had an average of 8 DOM and 9 CDOM.
It is beneficial for KAPOWICH REAL ESTATE to be a member of SILVAR and SCCAOR which partly supports REInfoLink, a Multiple Listing Service (MLS). REInfoLink 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