Silicon Valley Real Estate Housing Sales for Cities of San Jose, Milpitas, Campbell & Santa Clara ~ Q3 2008 ~ Stats, Maps & Graphs

med6284.jpg by Ryan Kapowich

The Q3 2008 Completed Sales Report for the city of San Jose Single-Family Homes saw a closing of 1,573 sales receiving 97.94% of list price. These closings represented a median price of $550,000 and an average price of $615,418. There were 3,541 new listings reported reported for Q3.

Total Sales: $968,053,734

The Q3 2008 Completed Sales Report for the city of Milpitas Single-Family Homes saw a closing of 87 sales receiving 96.45% of list price. These closings represented a median price of $580,000 and an average price of $604,586. There were 148 new listings reported reported for Q3.

Total Sales: $52,598,988

The Q3 2008 Completed Sales Report for the city of Campbell Single-Family Homes saw a closing of 56 sales receiving 97.45% of list price. These closings represented a median price of $775,000 and an average price of $785,344. There were 122 new listings reported reported for Q3.

Total Sales: $43,979,290

The Q3 2008 Completed Sales Report for the city of Santa Clara Single-Family Homes saw a closing of 132 sales receiving 98.11% of list price. These closings represented a median price of $647,500 and an average price of $699,174. There were 270 new listings reported reported for Q3.

Total Sales: $92,290,980

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Q3 2008~ San Jose Condos/Townhouses had 495 closed sales receiving 97.52% of list price. These closings represented a median price of $345,000 and an average price of $377,535. There were 1,207 new listings reported for Q3.

Total Sales: $186,880,119

Q3 2008~ Milpitas Condos/Townhouses had 32 closed sales receiving 96.97% of list price. These closings represented a median price of $490,356 and an average price of $454,075. There were 61 new listings reported for Q3.

Total Sales: $14,530,430

Q3 2008~ Campbell Condos/Townhouses had 33 closed sales receiving 97.78% of list price. These closings represented a median price of $510,000 and an average price of $500,818. There were 67 new listings reported for Q3.

Total Sales: $16,527,000

Q3 2008~ Santa Clara Condos/Townhouses had 69 closed sales receiving 97.69% of list price. These closings represented a median price of $418,000 and an average price of $472,157. There were 114 new listings reported for Q3.

Total Sales: $32,578,874

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Q3 2008~Single-Family Homes in San Jose had an average of 54 days on market (DOM) and 83 cumulative days on market (CDOM). Condos/Townhouses had an average of 60 DOM and 92 CDOM.

Q3 2008~Single-Family Homes in Milpitas had an average of 47 DOM and 96 CDOM. Condos/Townhouses had an average of 56 DOM and 59 CDOM.

Q3 2008~Single-Family Homes in Campbell had an average of 47 DOM and 58 CDOM. Condos/Townhouses had an average of 78 DOM and 96 CDOM.

Q3 2008~Single-Family Homes in Santa Clara had an average of 40 DOM and 65 CDOM. Condos/Townhouses had an average of 50 DOM and 72 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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