Silicon Valley Real Estate Housing Sales for City of San Jose ~ February 2010 vs May 2009 ~ Stats & Graphs

The  February 2010 Completed Sales Report for San Jose Single-Family Homes saw a closing of 387 sales receiving 100.66% of list price. These closings represented a median price of $485,100 and an average price of $553,393. There were 890 new listings reported to the MLS for February 2010. Total Sales: $214,163,300 The May 2009 Completed Sales Report for San Jose Single-Family Homes saw a closing of 580 sales receiving 98.77% of list price. These closings represented a median price of $410,000 and an average price of $471,894. There were 816 new listings reported to the MLS for May 2009. Total Sales: $273,698,750

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

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The February 2010 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 123 sales receiving 100.38% of list price. These closings represented a median price of $285,000 and an average price of $302,280. There were 335 new listings reported to the MLS for February 2010. Total Sales: $37,180,450

The May 2009 Completed Sales Report for San Jose Condos/Townhouses saw a closing of 187 sales receiving 97.48% of list price. These closings represented a median price of $220,000 and an average price of $269,653. There were 287 new listings reported to the MLS for May 2009. Total Sales: $50,425,247

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

February 2010 ~ Single-Family Homes in Central San Jose had an average of  64 days on market (DOM). Condos/Townhouses had an average of 65 DOM.

May 2009 ~ Single-Family Homes in Central San Jose had an average of 92 days on market (DOM). Condos/Townhouses had an average of 110 DOM.

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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.