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

The March 2010 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 27 sales receiving 99.46% of list price. These closings represented a median price of $1,410,000 and an average price of $1,645,685. There were 51 new listings reported reported for March. Total Sales: $44,433,500 The March 2009 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 24 sales receiving 98.30% of list price. These closings represented a median price of $1,205,000 and an average price of $1,391,409. There were 63 new listings reported reported for March. Total Sales: $32,002,411

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

100_3929

Palo Alto VA Hospital

March 2010~ Palo Alto Condos/Townhouses had 11 closed sales receiving 97.33% of list price. These closings represented a median price of $685,000 and an average price of $650,490. There were 18 new listings reported for March. Total Sales: $7,155,400

March 2009~ Palo Alto Condos/Townhouses had 3 closed sales receiving 98.27% of list price. These closings represented a median price of $728,000 and an average price of $681,983. There were 21 new listings reported for March. Total Sales: $2,045,950

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

100_37681

Cantor Center for the Visual Arts

March 2010~Single-Family Homes in Palo Alto had an average of 62 Days on Market (DOM). Condos/Townhouses had an average of 30 DOM.

March 2009~Single-Family Homes in Palo Alto had an average of 53 Days on Market (DOM). Condos/Townhouses had an average of 24 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, the California Association of Realtors,  the Silicon Valley Association of Realtors, and the Santa Clara County Association of Realtors. Not the least of which is their statistical information on real estate transactions!