Silicon Valley Real Estate Housing Sales for Cities of San Jose, Milpitas, Campbell & Santa Clara ~ October 2008 ~ Stats, Maps & Graphs

med6284.jpg by Ryan Kapowich

The October 2008 Completed Sales Report for the city of San Jose Single-Family Homes saw a closing of 515 sales receiving 98.1% of list price. These closings represented a median price of $490,100 and an average price of $552,354. There were 1,126 new listings reported reported for October.

Total Sales: $284,462,756

The October 2008 Completed Sales Report for the city of Milpitas Single-Family Homes saw a closing of 25 sales receiving 100.69% of list price. These closings represented a median price of $501,000 and an average price of $525,436. There were 46 new listings reported reported for October.

Total Sales: $13,135,900

The October 2008 Completed Sales Report for the city of Campbell Single-Family Homes saw a closing of 15 sales receiving 95.89% of list price. These closings represented a median price of $758,000 and an average price of $905,133. There were 41 new listings reported reported for October.

Total Sales: $12,077,000

The October 2008 Completed Sales Report for the city of Santa Clara Single-Family Homes saw a closing of 33 sales receiving 98.03% of list price. These closings represented a median price of $610,000 and an average price of $619,503. There were 78 new listings reported reported for October.

Total Sales: $20,443,600

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October 2008 ~ San Jose Condos/Townhouses had 175 closed sales receiving 98.78% of list price. These closings represented a median price of $315,000 and an average price of $330,920. There were 354 new listings reported for October.

Total Sales: $57,911,082

October 2008 ~ Milpitas Condos/Townhouses had 9 closed sales receiving 98.78% of list price. These closings represented a median price of $300,000 and an average price of $358,777. There were 20 new listings reported for October.

Total Sales: $3,229,000

October 2008 ~ Campbell Condos/Townhouses had 15 closed sales receiving 98.13% of list price. These closings represented a median price of $485,000 and an average price of $505,860. There were 16 new listings reported for October.

Total Sales: $7,587,900

October 2008 ~ Santa Clara Condos/Townhouses had 11 closed sales receiving 99.16% of list price. These closings represented a median price of $364,000 and an average price of $410,727. There were 44 new listings reported for October.

Total Sales: $4,517,999

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October 2008 ~ Single-Family Homes in San Jose had an average of 50 days on market (DOM) and 84 cumulative days on market (CDOM). Condos/Townhouses had an average of 62 DOM and 95 CDOM.

October 2008 ~ Single-Family Homes in Milpitas had an average of 39 DOM and 73 CDOM. Condos/Townhouses had an average of 64 DOM and 100 CDOM.

October 2008 ~ Single-Family Homes in Campbell had an average of 79 DOM and 85 CDOM. Condos/Townhouses had an average of 67 DOM and 71 CDOM.

October 2008 ~ Single-Family Homes in Santa Clara had an average of 43 DOM and 66 CDOM. Condos/Townhouses had an average of 39 DOM and 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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