Silicon Valley Real Estate Sales Report for Saratoga-May/07
The May 2007 Completed Sales Report for Saratoga's Single-Family Homes saw a closing of 40 sales receiving 99.38% of list price! These closings represented a median price of $1,807,500 and an average price of $1,908,481. There were also 48 new listings reported. Saratoga's Condo/Townhouses had 4 closed sales receiving 98.14% of list price. These closings represented a median price of $985,000 and an average price of $938,500. There were 7 new listings for the month of May.
Saratoga's Single-Family Homes had an average of 32 Days on Market (DOM) and 37 Cumulative Days on Market (CDOM). Saratoga's Condo/Townhouses listings reported 10 DOM and 10 CDOM. It’s a good thing KAPOWICH REAL ESTATE is a member of REInfoLink, (Santa Clara County's Multiple Listing Service which also maintains statistics on real estate transactions). We love this stuff!