Silicon Valley Real Estate Housing Sales for City of Palo Alto ~ October, September & August 2008 ~ Pics, Graphs, Map & Stats

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Palo Alto Real Estate

The Oct/2008 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 22 sales receiving 100.44% of list price. These closings represented a median price of $1,300,000 and an average price of $1,410,428. There were 51 new listings reported to the MLS for October.  Total Sales: $29,619,000

The Sept/2008 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 23 sales receiving 99.17% of list price. These closings represented a median price of $1,525,000 and an average price of $1,783,500. There were 58 new listings reported to the MLS for September.  Total Sales: $41,020,500

The Aug/2008 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 28 sales receiving 100.14% of list price. These closings represented a median price of $1,485,000 and an average price of $1,757,638. There were 28 new listings reported to the MLS for Aug/2008.  Total Sales: $49,213,888

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Palo Alto Real Estate

Oct/2008~ Palo Alto Condos/Townhouses had 5 closed sales receiving 95.04% of list price. These closings represented a median price of $750,000 and an average price of $889,800. There were 21 new listings reported to the MLS for October.  Total Sales: $4,449,000

Sept/2008~ Palo Alto Condos/Townhouses had 5 closed sales receiving 98.40% of list price. These closings represented a median price of $759,000 and an average price of $906,670. There were 21 new listings reported to the MLS for September.  Total Sales: $4,533,352

Aug/2008~ Palo Alto Condos/Townhouses had 8 closed sales receiving 101.01% of list price. These closings represented a median price of $825,750 and an average price of $786,134. There were 10 new listings reported to the MLS for Aug/2008.  Total Sales: $6,289,075

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Oct/2008~ Single-Family Homes in Palo Alto had an average of 26 DOM and 33 CDOM. Condos/Townhouses had an average of 43 DOM and 58 CDOM.

Sept/2008~ Single-Family Homes in Palo Alto had an average of 33 DOM and 35 CDOM. Condos/Townhouses had an average of 46 DOM and CDOM.

Aug/2008~ Single-Family Homes in Palo Alto had an average of 37 days on market (DOM) and 43 cumulative days on market (CDOM). Condos/Townhouses had an average of 23 DOM and 24 CDOM.

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~Cantor Art Center~

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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UncategorizedPat Kapowich