March/2008 to February/2008 to January/2008 Silicon Valley Real Estate Housing Sales for San Mateo County ~ Stats & Graphs

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by Ryan Kapowich

The March/2008 Completed Sales Report for San Mateo County Single-Family Homes saw a closing of 274 sales receiving 98.18% of list price. These closings represented an average price of $1,1,58,731. There were 709 new listings reported to the MLS in March/2008.

Total Sales: $317,492,419

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The February/2008 Completed Sales Report for San Mateo County Single-Family Homes saw a closing of 212 sales receiving 98.62 % of list price. These closings represented an average price of $1,444,257. There were 669 new listings reported to the MLS in February/2008.

Total Sales: $304,738,290

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The January 2008 Completed Sales Report for San Mateo County Single-Family Homes saw a closing of 152 sales receiving 96.81% of list price. These closings had an average price of $1,206,153. There were 561 new listings reported.

Total Sales: $183,335,371

~San Mateo County Real Estate ~ Single-Family Homes~

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March/2008~San Mateo County Condos/Townhouses had 89 closed sales receiving 97.49% of list price. These closings represented an average price of $607,448. There were 196 new listings reported to the MLS in February/2008.

Total Sales: $54,062,900

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February/2008~San Mateo County Condos/Townhouses had 67 closed sales receiving 97.27% of list price. These closings represented an average price of $552,283. There were 187 new listings reported to the MLS in February/2008.

Total Sales: $37,002,965

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January/2008~San Mateo County Condos/Townhouses had 47 closed sales receiving 97.77% of list price. These closings had an average price of $584,856. There were 171 new listings for the month of January.

Total Sales: $27,488,252

~San Mateo County Real Estate ~ Condos & Townhouses~

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March/2008~Single-Family Homes in San Mateo County had an average of 54 days on market (DOM) and 74 cumulative days on market (CDOM). Condos/Townhouses had an average of 56 DOM and 77 CDOM.

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February/2008~Single-Family Homes in San Mateo County had an average of 60 days on market (DOM) and 84 cumulative days on market (CDOM). Condos/Townhouses had an average of 70 DOM and 91 CDOM.

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January/2008~Single-Family Homes in Santa Clara County had an average of 63 days on market (DOM) and 76 cumulative days on market (CDOM). Condos/Townhouses had an average of 74 DOM and 98 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