San Jose Citywide Real Estate Housing Sales Report in Q-1/2001 vs Q-1/2003 vs Q-1/2005 vs Q-1/2008

lw4n6581.jpg The Q-1/2008 Completed Sales Report for San Jose Single-Family Homes saw a closing of 695 sales receiving 97.59% of list price. These closings represented a median price of $660,000 and an average price of $755,553. There were 3,340 new listings reported to the MLS for Q-1/2008 . Total Sales: $524,354,260

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The Q-1/2005 Completed Sales Report for San Jose Single-Family Homes saw a closing of 1,695 sales receiving 102.34% of list price. These closings represented a median price of $650,000 and an average price of $714,091. There were 2,765 new listings reported to the MLS for Q-1/2005. Total Sales: $1,210,384,444

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The Q-1/2003 Completed Sales Report for San Jose Single-Family Homes saw a closing of 1,381 sales receiving 97.78% of list price. These closings represented a median price of $495,000 and an average price of $542,326. There were 3,421 new listings reported to the MLS for Q-1/2003. Total Sales: $748,952,278

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The Q-1/2001 Completed Sales Report for San Jose Single-Family Homes saw a closing of 1,090 sales receiving 100.59% of list price. These closings represented a median price of $510,000 and an average price of $572,684. There were 3,422 new listings reported to the MLS for Q-1/2001. Total Sales: $624,225,978

~San Jose Single-Family Homes Sales Citywide~

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The Q-1/2008 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 249 sales receiving 97.22% of list price. These closings represented a median price of $440,000 and an average price of $453,203. There were 1,133 new listings reported to the MLS for Q-1/2008. Total Sales: $8,592,000

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The Q-1/2005 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 777 sales receiving 103.50% of list price. These closings represented a median price of $400,000 and an average price of $423,343. There were 1,036 new listings reported to the MLS for Q-1/2005. Total Sales: $328,938,055

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The Q-1/2003 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 567 sales receiving 98.33% of list price. These closings represented a median price of $325,000 and an average price of $336,681. There were 1,392 new listings reported to the MLS for Q-1/2003. Total Sales: $190,898,452

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The Q-1/2001 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 504 sales receiving 101.67% of list price. These closings represented a median price of $321,000 and an average price of $348,225. There were 1,316 new listings reported to the MLS for Q-1/2001. Total Sales: $175,505,668

~San Jose Condos/Townhouses Sales Citywide~

 

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Q-1/2008 ~Single-Family Homes in Central San Jose had an average of 63 days on market (DOM) and 91 cumulative days on market (CDOM). Condos/Townhouses had an average of 73 DOM and 93 CDOM.

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Q-1/2005~Single-Family Homes in Central San Jose had an average of 19 days on market (DOM) and 25 cumulative days on market (CDOM). Condos/Townhouses had an average of 16 DOM and 18 CDOM.

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Q-1/2003~Single-Family Homes in Central San Jose had an average of 39 days on market (DOM) and 69 cumulative days on market (CDOM). Condos/Townhouses had an average of 47 DOM and 71 CDOM.

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Q-1/2001~Single-Family Homes in Central San Jose had an average of 22 days on market (DOM) and 29cumulative days on market (CDOM). Condos/Townhouses had an average of 16 DOM and 20 CDOM.

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!

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Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay" SiliconValleyBroker.com

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