Market Jitters Shook Home Buyers in 2000-2001, too. Silicon Valley Real Estate Report for San Jose's Willow Glen Housing Sales in Q-1/2008 vs Q-1/2005 vs Q-1/2003 vs Q-1/2001 ~ What Real Estate Bubble?

lw4n6581.jpg 100_5550.jpg

The Q-1/2008 Completed Sales Report for Willow Glen Single-Family Homes saw a closing of 83 sales receiving 96.95% of list price. These closings represented a median price of $875,000 and an average price of $1,049,574. There were 284 new listings reported to the MLS for Q-1/2008 . Total Sales: $87,114,724

vs

The Q-1/2005 Completed Sales Report for Willow Glen Single-Family Homes saw a closing of 150 sales receiving 100.84% of list price. These closings represented a median price of $770,000 and an average price of $832,276. There 331 new listings reported to the MLS for Q-1/2005. Total Sales: $124,841,488

vs

The Q-1/2003 Completed Sales Report for Willow Glen Single-Family Homes saw a closing of 144 sales receiving 97.23% of list price. These closings represented a median price of $599,500 and an average price of $650,992. There were 399 new listings reported to the MLS for Q-1/2003. Total Sales: $93,742,883

vs

The Q-1/2001 Completed Sales Report for Willow Glen Single-Family Homes saw a closing of 106 sales receiving 100.12% of list price. These closings represented a median price of $579,000 and an average price of $657,999. There 394 new listings were also reported for Q-1/2001. Total Sales: $69,747,912

~San Jose's Willow Glen Single-Family Homes~

willow-glen-real-estate-prices-by-quartile-in-san-joses-95125.png

100_5819.jpg

Willow Glen Elementary School ~ since 1897

The Q-1/2008 Completed Sales Report for Willow Glen Condos/Townhouses saw a closing of 7 sales receiving 99.55% of list price. These closings represented a median price of $545,000 and an average price of $601,142. There were 37 new listings reported to the MLS for Q-1/2008. Total Sales: $4,208,000

vs

The Q-1/2005 Completed Sales Report for Willow Glen Condos/Townhouses saw a closing of 25 sales receiving 103.37% of list price. These closings represented a median price of $520,777 and an average price of $502,229. There were 31 new listings reported to the MLS for Q-1/2005. Total Sales: $12,555,727

vs

The Q-1/2003 Completed Sales Report for Willow Glen Condos/Townhouses saw a closing of 23 sales receiving 98.44% of list price. These closings represented a median price of $368,500 and an average price of $391,141. There were 38 new listings were also reported for Q-1/2003. Total Sales: $8,996,248

vs

The Q-1/2001 Completed Sales Report for Willow Glen Condos/Townhouses saw a closing of 17 sales receiving 101.96% of list price. These closings represented a median price of $400,000 and an average price of $394,107. There 46 new listings were also reported for Q-1/2001. Total Sales: $6,699,833

~San Jose's Willow Glen Condos/Townhouses~

 

willow-glens-median-price-for-condos-townhouses-in-95125.png

Q-1/2008 ~Single-Family Homes in Willow Glen had an average of 56 days on market (DOM) and 92 cumulative days on market (CDOM). Condos/Townhouses had an average of 40 DOM and 54 CDOM.

vs

Q-1/2005~Single-Family Homes in Willow Glen had an average of 21 days on market (DOM) and 31 cumulative days on market (CDOM). Condos/Townhouses had an average of 12 DOM and 13 CDOM.

vs

Q-1/2003~Single-Family Homes in Willow Glen had an average of 34 days on market (DOM) and 65 cumulative days on market (CDOM). Condos/Townhouses had an average of 53 DOM and 83 CDOM.

vs

Q-1/2001~Single-Family Homes in Willow Glen had an average of 21 days on market (DOM) and 32 cumulative days on market (CDOM). Condos/Townhouses had an average of 15 DOM and 22 CDOM.

100_5818.jpg

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

silicon8.jpg