Silicon Valley Real Estate Housing Sales for Los Altos ~ 2009 vs 2008 ~ Stats & Graphs

The 2009 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 269 sales receiving 95.40% of list price. These closings represented a median price of $1,510,000 and an average price of $1,654,914. There were 437 new listings reported reported for 2009. Total Sales: $436,897,309 The 2008 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 252 sales receiving 99.33% of list price. These closings represented a median price of $1,797,500 and an average price of $1,960,647. There were 433 new listings reported reported for 2008. Total Sales: $490,161,794

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

100_3785 The 2009 Completed Sales Report for Los Altos Condos/Townhouses saw a closing of 39 sales receiving 94.96% of list price. These closings represented a median price of $760,000. There were 9 new listings reported reported for 2009. Total Sales: $29,121,380

The 2008 Completed Sales Report for Los Altos Condos/Townhouses saw a closing of  33 sales receiving 98.91% of list price. These closings represented a median price of $864,000 and an average price of $852,121. There were 63 new listings reported reported for 2008. Total Sales: $28,120,000

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

2009~Single-Family Homes in Los Altos had an average of 65 days on market (DOM).Condos/Townhouses had an average of 79 DOM.

2008~Single-Family Homes in Los Altos had an average of 35 days on market (DOM).Condos/Townhouses had an average of 45 DOM.

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KAPOWICH REAL ESTATE is a leading real estate brokerage for buyers and sellers in Silicon Valley, providing an unparalleled level of research, education and service. The father/son team has extensive experience in single-family and townhouse/condo buying and selling. Their specialty is “move-up” and “down-size” transactions for clients who wish to sell a home and buy a replacement simultaneously.