Silicon Valley Real Estate Housing Sales for Cities of Los Altos, Menlo Park, Palo Alto & Mountain View ~ March 2011 ~

The March 2011 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 29 sales receiving 98.08% of list price. These closings represented a median price of $1,216,000 and an average price of $1,527,494. There were 54 new listings reported reported for March 2011. Total Sales: $44,297,330 The March 2011 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 45 sales receiving 102.22% of list price. These closings represented a median price of $1,564,000 and an average price of $1,955,860. There were new listings reported reported for March 2011. Total Sales: $86,057,860

The March 2011 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 28 sales receiving 97.67% of list price. These closings represented a median price of $1,597,500 and an average price of $1,602,174. There were 26 new listings reported reported for March 2011. Total Sales: $44,860,888

The March 2011 Completed Sales Report for Mountain View Single-Family Homes saw a closing of 19 sales receiving 97.51% of list price. These closings represented a median price of $880,000 and an average price of $966,194. There were 34 new listings reported reported for March 2011. Total Sales: $18,357,688

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March 2011~ Menlo Park Condos/Townhouses had 6 closed sales receiving 97.85% of list price. These closings represented a median price of $613,500 and an average price of $719,500. There were 14 new listings reported for March 2011. Total Sales: $4,317,000

March 2011~ Palo Alto Condos/Townhouses had 14 closed sales receiving 97.51% of list price. These closings represented a median price of $653,050 and an average price of $777,292. There were 21 new listings reported for March 2011. Total Sales: $10,882,100

March 2011 ~ Los Altos Condos/Townhouses had 4 closed sales receiving 100.00% of list price. These closings represented a median price of $800,512 and an average price of $741,006. There were 7 new listings reported for March 2011. Total Sales: $2,964,025

March 2011~ Mountain View Condos/Townhouses had 32 closed sales receiving 97.74% of list price. These closings represented a median price of $460,000 and an average price of $458,046. There were 35 new listings reported for March 2011. Total Sales: $14,657,500

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March 2011~Single-Family Homes in Menlo Park had an average of 38 DOM. Condos/Townhouses had an average of 34 DOM.

March 2011~Single-Family Homes in Palo Alto had an average of 34 DOM. Condos/Townhouses had an average of 105 DOM.

March 2011~Single-Family Homes in Los Altos had an average of 73 days on market (DOM). Condos/Townhouses had an average of 52 DOM.

March 2011~Single-Family Homes in Mountain View had an average of 63 DOM. Condos/Townhouses had an average of 81 DOM.

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