Silicon Valley Real Estate Housing Sales for Cities of Los Altos, Menlo Park, Palo Alto & Mountain View ~ February 2010 ~ Stats & Graphs

The February 2010 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 17 sales receiving 98.83% of list price. These closings represented a median price of $1,640,000 and an average price of $1,708,577. There were 38 new listings reported reported for February 2010. Total Sales: $29,045,815 The February 2010 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 16 sales receiving 96.63% of list price. These closings represented a median price of $1,119,500 and an average price of $1,438,875. There were 39 new listings reported reported for February 2010. Total Sales: $23,022,000

The February 2010 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 22 sales receiving 97.32% of list price. These closings represented a median price of $1,527,500 and an average price of $1,634,549. There were 42 new listings reported reported for February 2010. Total Sales: $35,960,078

The February 2010 Completed Sales Report for Mountain View Single-Family Homes saw a closing of 6 sales receiving 102.22% of list price. These closings represented a median price of $867,900 and an average price of $974,016. There were 20 new listings reported reported for February 2010. Total Sales: $5,646,100

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February 2010~ Los Altos Condos/Townhouses had 3 closed sales receiving 94.19% of list price. These closings represented a median price of $780,000 and an average price of $690,000. There were 2 new listings reported for February 2010. Total Sales: $2,070,000

February 2010~ Menlo Park Condos/Townhouses had 3 closed sales receiving 94.74% of list price. These closings represented a median price of $1,025,000 and an average price of $798,333. There were 10 new listings reported for February 2010. Total Sales: $2,395,000

February 2010~ Palo Alto Condos/Townhouses had 10 closed sales receiving 96.04% of list price. These closings represented a median price of $726,250 and an average price of $695,750. There were 25 new listings reported for February 2010. Total Sales: $6,957,500

February 2010~ Mountain View Condos/Townhouses had 14 closed sales receiving 98.76% of list price. These closings represented a median price of $539,000 and an average price of $533,153. There were 41 new listings reported for February 2010. Total Sales: $7,464,150

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February 2010~Single-Family Homes in Los Altos had an average of 55 days on market (DOM). Condos/Townhouses had an average of 58 DOM.

February 2010~Single-Family Homes in Menlo Park had an average of 67 DOM. Condos/Townhouses had an average of 212 DOM.

February 2010~Single-Family Homes in Palo Alto had an average of 64 DOM. Condos/Townhouses had an average of 66 DOM.

February 2010~Single-Family Homes in Mountain View had an average of 43 DOM. Condos/Townhouses had an average of 66 DOM.

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KAPOWICH REAL ESTATE is a leading real estate brokerage for buyers and sellers in Silicon Valley, providing an unparalleled level of research, education and service. The father/son team has extensive experience in single-family and townhouse/condo buying and selling. Their specialty is “move-up” and “down-size” transactions for clients who wish to sell a home and buy a replacement simultaneously.