Silicon Valley Real Estate Housing Sales for the City of Los Gatos ~ December 2009 vs December 2008 ~ Stats, Maps & Graphs

The December 2009 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 25 sales receiving 95.12% of list price. These closings represented a median price of $1,200,000 and an average price of $1,382,759. There were 16 new listings reported reported for December. Total Sales: $34,568,988 The December 2008 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 16 sales receiving 94.18% of list price. These closings represented a median price of $1,437,500 and an average price of $1,478,161. There were 32 new listings reported reported for December. Total Sales: $23,650,590

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December 2009~ Los Gatos Condos/Townhouses had 8 closed sales receiving 97.81% of list price. These closings represented a median price of $561,500 and an average price of $590,737. There were 9 new listings reported for December. Total Sales: $4,725,900

December 2008~ Los Gatos Condos/Townhouses had 2 closed sales receiving 92.88% of list price. These closings represented a median price of $756,500 and an average price of $756,500. There were 8 new listings reported for December. Total Sales: $1,513,000

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

December 2009~Single-Family Homes in Los Gatos had an average of 25 days on market (DOM). Condos/Townhouses had an average of 8 DOM.

December 2008~Single-Family Homes in Los Gatos had an average of 95 days on market (DOM). Condos/Townhouses had an average of 60 DOM.

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.