March/2008 vs March/2007 Santa Teresa Real Estate Housing Sales Report ~ San Jose's Zone 2 ~ Map, Graphs, Pics & Stats

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The March/2008 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 11 sales receiving 97.01% of list price. These closings represented a median price of $560,000 and an average price of $570,954. There were 56 new listings for the month of March/2008.

Total Sales: $6,280,500

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The March/2007 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 25 sales receiving 99.62% of list price. These closings represented a median price of $715,000 and an average price of $719,371. There were 40 new listings for the month of March/2007.

Total Sales: $17,984,288

Santa Teresa Real Estate Sales for Single-Family Homes

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March/2008~Santa Teresa Condos/Townhouses had 2 closed sales receiving 97.95% of list price. These closings represented a median price and average price of $515,000. There were 8 new listings for the month of March/2008.

Total Sales: $954,000

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March/2007~Santa Teresa Condos/Townhouses had 7 closed sales receiving 99.12% of list price. These closings represented a median price of $540,000 and an average price of $540,428. There were 9 new listings for the of month March/2007.

Total Sales: $3,783,000

Santa Teresa Real Estate Sales for Condos & Townhouses

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March/2008~Single-Family Homes in Santa Teresa had an average of 88 days on market (DOM) and 98 cumulative days on market (CDOM). Condos/Townhouses had an average of 118 DOM and CDOM. vs

March/2007~Single-Family Homes in Santa Teresa had an average of 25 DOM and 37 CDOM. Condos/Townhouses had an average of 7 DOM and 52 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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