Redwood City Real Estate Housing Sales Report for December/2007
The December 2007 Completed Sales Report for Redwood City Single-Family Homes saw a closing of 32 sales receiving 98.05% of list price.
These closings represented a median price of $893,500 and an average price of $1,062,775.
Thirty-three new listings were also reported.
Redwood City Condos/Townhouses had 2 closed sales receiving 97.25% of list price.
These closings represented a median price of $617,500 and an average price of $617,500.
There were two new listings for the month of December.
Single-Family Homes in Redwood City had an average of thirty-six days on market (DOM) and forty-seven cumulative days on market (CDOM). Condos/Townhouses had an average of ninety-one DOM and CDOM.
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