Q4/2007 vs Q4/2006 Silcon Valley Real Estate Housing Sales for City of Santa Clara ~ Stats, Pics & Graphs

med62841.jpgby Ryan Kapowich

The Q4 2007 Silicon Valley Real Estate Housing Sales Report for Santa Clara Single-Family Homes saw a closing of 111 sales receiving 98.29% of list price. These closings represented a median price of $750,000 and an average price of $781,350. There were 205 new listings reported to the MLS in Q4/2007.

Total Sales: $86,729,871

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The Q4 2006 Silicon Valley Real Estate Housing Sales Report for Santa Clara Single-Family Homes saw a closing of 127 sales receiving 99.44% of list price. These closings represented a median price of $704,000 and an average price of $715,868. There were 130 new listings reported to the MLS in Q4/2006.

Total Sales: $90,915,273

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Q4 2007~Santa Clara Condos/Townhouses had 61 closed sales receiving 97.68% of list price. These closings represented a median price of $450,000 and an average price of $494,111. There were 101 new listings reported to the MLS in Q4/2007.

Total Sales: $30,140,776

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Q4 2006~Santa Clara Condos/Townhouses had 98 closed sales receiving 99.03% of list price. These closings represented a median price of $454,500 and an average price of $500,777. There were 98 new listings reported to the MLS in Q4/2006.

Total Sales: $49,076,238

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Q4 2007~Single-family homes in Santa Clara had an average of 43 days on market (DOM) and 49 cumulative days on market (CDOM). Condos/Townhouses had an average of 57 DOM and 74 CDOM.

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Q4 2006~Single-family homes in Santa Clara had an average of 31 DOM and 40 CDOM. Condos/Townhouses had an average of 42 DOM and 59 CDOM.

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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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