Redwood City Real Estate Housing Sales Report for November/2007 ~ Graphs & Stats
The September 2007 Completed Sales Report for Redwood City Single-Family Homes saw a closing of 40 sales receiving 96.84% of list price. These closings represented a median price of $927,500 and an average price of $1,146,770. Sixty new listings were also reported.
Redwood City Condos/Townhouses had 4 closed sales receiving 96.49% of list price. These closings represented a median price of $455,000 and an average price of $476,612. There were eleven new listings for the month of November.
Single-family homes in Redwood City had an average of thirty-two days on market (DOM) and forty-two cumulative days on market (CDOM). Condos/Townhouses had an average of thirteen DOM and ninety-four 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