Silicon Valley Real Estate Housing Sales for Cities of Los Gatos, Monte Sereno & Saratoga ~ July/2008 ~ Stats & Graphs

lw4n6581.jpg The July 2008 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 26 sales receiving 97.96% of list price. These closings represented a median price of $1,347,500 and an average price of $1,492,652. There were 68 new listings reported reported for July.

Total Sales: $38,808,956

The July 2008 Completed Sales Report for Monte Sereno Single-Family Homes saw a closing of 4 sales receiving 95.87% of list price. These closings represented a median price of $2,505,000 and an average price of $2,370,000. There were 11 new listings reported reported for July.

Total Sales: $9,480,000

The July 2008 Completed Sales Report for Saratoga Single-Family Homes saw a closing of 22 sales receiving 96.84% of list price. These closings represented a median price of $1,740,000 and an average price of $2,098,175. There were 62 new listings reported reported for July.

Total Sales: $46,159,850

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July 2008~ Los Gatos Condos/Townhouses had 5 closed sales receiving 95.16% of list price. These closings represented a median price of $668,000 and an average price of $605,600. There were 19 new listings reported for July.

Total Sales: $3,028,000

July 2008~ Saratoga Condos/Townhouses had 5 closed sales receiving 98.44% of list price. These closings represented a median price of $625,000 and an average price of $785,000. There were 5 new listings reported for July.

Total Sales: $3,925,000

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July 2008~Single-Family Homes in Los Gatos had an average of 31 days on market (DOM) and 73 cumulative days on market (CDOM). Condos/Townhouses had an average of 44 DOM and 77 CDOM.

July 2008~Single-Family Homes in Monte Sereno had an average of 64 DOM and CDOM.

July 2008~Single-Family Homes in Saratoga had an average of 37 DOM and 62 CDOM. Condos/Townhouses had an average of 69 DOM and 100 CDOM.

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KAPOWICH REAL ESTATE derives many benefits from its memberships in the National Association of Realtors, (NAR), the California Association of Realtors, (CAR), the Silicon Valley Association of Realtors, (SILVAR), and the Santa Clara County Association of Realtors, (SCCAOR).  Not the least of which is their statistical information on real estate transactions. We love this stuff!

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

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