Silicon Valley Real Estate Sales Report for Los Altos-May/07

lw4n6581.jpgThe May 2007 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 46 sales receiving 95.44% of list price! These closings represented a median price of $1,864,000 and an average price of $1,999,984. There were also 51 new listings reported. Los Altos Condo/Townhouses had 3 closed sales receiving 102.35% of list price. These closings represented a median price of $1,150,000 and an average price of $1,088,000. There were 22 new listings for the month of May.

Los Altos Single-Family Homes had an average of 20 Days on Market (DOM) and 24 Cumulative Days on Market (CDOM). Los Altos Condo/Townhouses listings reported 28 DOM and 28 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!

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