Q1/2007 vs Q1/2006 Palo Alto Real Estate Housing Sales ~ Pics, Graphs & Stats ~ What Real Estate Bubble?

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The Q1/2007 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 88 sales receiving 104.06% of list price. These closings represented a median price of $1,583,500 and an average price of $1,861,633. There were 69 new listings for the 4th Quarter of 2007.

Total Sales: $163,823,780

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The Q1/2006 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 112 sales receiving 100.49% of list price. These closings represented a median price of $1,320,625 and an average price of $1,538,639. There were 86 new listings for the 4th Quarter of 2006. Total Sales: $172,327,598

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Hoover Tower

Q1/2007~Palo Alto Condos/Townhouses had 27 closed sales receiving 100.18% of list price. These closings represented a median price of $800,000 and an average price of $840,521. There were 28 new listings for the 4th Quarter of 2007. Total Sales: $22,694,079

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Q1/2006~Palo Alto Condos/Townhouses had 27 closed sales receiving 99.77% of list price. These closings represented a median price of $674,000 and an average price of $732,585. There were 25 new listings for the 4th Quarter of 2006. Total Sales: $19,779,800

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Stanford Shopping Center

Q1/2007~Single-Family Homes in Palo Alto had an average of 23 days on market (DOM) and 24 (CDOM). Condos/Townhouses had an average of 30 DOM and CDOM.

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Q1/2006~Single-Family Homes in Palo Alto had an average of 28 days on market (DOM) and 40 (CDOM). Condos/Townhouses had an average of 42 DOM and 49 CDOM.

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Cantor Arts Center

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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

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UncategorizedPat Kapowich