Palo Alto Real Estate Housing Sales Report for November/2007 ~ Pics, Graphs & Stats
The November 2007 Completed Sales Report for Palo Alto Single-Family
Homes saw a closing of 26 sales receiving 104.79% of list price. These
closings represented a median price of $1,439,900 and an average price
of $1,759,076. Twenty new listings were also reported.
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Palo Alto Condos/Townhouses had 13 closed sales receiving 100.61% of list price. These closings represented a median price of $770,000 and an average price of $794,461. There were 10 new listings for the month of November.
Single-family homes in Palo Alto had an average of 27 days on market (DOM) and (CDOM). Condos/Townhouses had an average of 34 DOM and CDOM.
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