Milpitas Real Estate Housing Sale Report for November/2007 ~ Zone 6 Milpitas/San Jose ~ Map, Graph & Stats

med6284.jpg by Ryan Kapowich

The November 2007 Completed Sales Report for Milpitas Single-Family Homes saw a closing of 9 sales receiving 97.86% of list price.

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These closings represented a median price of $665,000 and an average price of $774,003.

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Forty-two new listings were also reported.

Milpitas Condos/Townhouses had 9 closed sales receiving 97.61% of list price.

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These closings represented a median price of $546,000 and an average price of $524,277.

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There were eleven new listings for the month of November.

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Single-Family Homes in Milpitas had an average of fifty-four days on market (DOM) and seventy-two cumulative days on market (CDOM). Condos/Townhouses had an average of twenty-six DOM and thirty-two CDOM.

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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

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