Palo Alto Real Estate Housing Sales Report for December/2007 ~ Pics, Graphs & Stats

lw4n6581.jpg The December 2007 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 11 sales receiving 105.24% of list price.


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These closings represented a median price of $2,100,000 and an average price of $2,264,000.

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Eleven new listings were also reported.

100_3725.jpg Palo Alto Condos/Townhouses had 6 closed sales receiving 100.44% of list price.

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These closings represented a median price of $800,000 and an average price of $808,342.

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There were 6 new listings for the month of December.

Single-Family Homes in Palo Alto had an average of 38 days on market (DOM) and 47 comulative (CDOM). Condos/Townhouses had an average of 25 DOM and CDOM.

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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

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