San Jose Citywide Real Estate Housing Sales Report for March 2010 vs March 2009 ~ Stats & Graphs ~ Prices Up, Sales Up & Fewer Days on Market for San Jose Housing!

The March 2010 Completed Sales Report for San Jose Single-Family Homes saw a closing of 544 sales receiving 100.87% of list price. These closings represented a median price of $510,000 and an average price of $572,822. There were 1,160 new listings reported to the MLS for March 2010. Total Sales: $311,042,480

The March 2009 Completed Sales Report for San Jose Single-Family Homes saw a closing of 456 sales receiving 98.14% of list price. These closings represented a median price of $412,250 and an average price of $454,550. There were 1,012 new listings reported to the MLS for March 2009. Total Sales: $207,274,893

~San Jose Single-Family Homes Sales Citywide~

Real Estate Market Chart by Altos Research www.altosresearch.com

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The March 2010 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 181 sales receiving 100.87% of list price. These closings represented a median price of $319,000 and an average price of $333,727. There were 447 new listings reported to the MLS for March 2010. Total Sales: $60,404,599

The March 2009 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 165 sales receiving 96.46% of list price. These closings represented a median price of $185,000 and an average price of $231,864. There were 369 new listings reported to the MLS for March 2009. Total Sales: $38,257,719

~San Jose Condos/Townhouses Sales Citywide~

Real Estate Market Chart by Altos Research www.altosresearch.com

March 2010 ~Single-Family Homes in Central San Jose had an average of 63 days on market (DOM). Condos/Townhouses had an average of 69 DOM.

March 2009 ~Single-Family Homes in Central San Jose had an average of 105 days on market (DOM). Condos/Townhouses had an average of 123 DOM.

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KAPOWICH REAL ESTATE

FREE “Lunch & Learn” Saturday Seminar Series is Back!

"Buying a Home in Silicon Valley? Learn What Buyers REALLY Need to Know"

Description: The number one mistake made when negotiating a residential real estate transaction is when participants lack understanding of the responsibilities of all of the parties and their representatives.

Learn About: Buyers ~ Sellers ~ Agents ~ Inspectors ~ Disclosures ~ Short-Sales ~ REOs ~ Foreclosures ~ Negotiating ~ Issue Spotting ~ Offers ~ Deposits ~ Counter-Offers ~ Contingencies and Much More!

Guest Speaker Inspector Erick Chapman

Home * Termite * Roof * Chimney

Date: Saturday April  24th, 2010 Time: 12:00PM to 1:30PM

Location:

Willow Glen Community 2175 Lincoln Avenue (5 Minutes from Santana Row)

San Jose, CA 95125  RSVP ~ Call 408.245.7700

or e-mail: BrokerPat@Realtor.com  FREE Event ~ Lunch & Q&A! Don't Miss!