Menlo Park Real Estate Housing Sales Report for December/2007 ~ Pics, Graphs & Stats
by Ryan Kapowich
The December 2007 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 24 sales receiving 97.78% of list price.
These closings represented a median price of $959,250 and an average price of $1,179,291.
Twenty-one new listings were also reported.
Menlo Park Condos/Townhouses had 4 closed sales receiving 96.13% of list price.
These closings represented a median price of $659,000 and an average price of $786,000.
There were four new listings for the month of December.
Single-Family Homes in Menlo Park had an average of forty-eight days on market (DOM) and cumulative days on market (CDOM). Condos/Townhouses had an average of twenty-four DOM and CDOM.
It is beneficial for KAPOWICH REAL ESTATE to be a member of SILVAR and SCCAOR 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