Silicon Valley Real Estate Housing Sales for City of Palo Alto ~ February 2010 vs February 2009 ~ Stats & Graphs

The Feb 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. Total Sales: $35,960,078 The Feb 2009 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 14 sales receiving 96.67% of list price. These closings represented a median price of $1,395,000 and an average price of $1,465,684. There were 77 new listings reported reported for February. Total Sales: $19,053,900

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Feb 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. Total Sales: $6,957,500

Feb 2009~ Palo Alto Condos/Townhouses had 4 closed sales receiving 98.59% of list price. These closings represented a median price of $792,500 and an average price of $853,750. There were 18 new listings reported for February. Total Sales: $3,415,000

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100_3928VA of Palo Alto

Feb 2010~Single-Family Homes in Palo Alto had an average of 64 Days on Market (DOM). Condos/Townhouses had an average of 66 DOM.

Feb 2009~Single-Family Homes in Palo Alto had an average of 64 Days on Market (DOM). Condos/Townhouses had an average of 54 DOM.

Real Estate Market Chart by Altos Research www.altosresearch.com

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.