Silicon Valley Real Estate Housing Sales Report: City of Los Altos~July/07
The July 2007 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 33 sales receiving 104.34% of list price! These closings represented a median price of $1,800,000 and an average price of $1,941,451. There were also 22 new listings reported.
Los Altos Condos/Townhouses had 3 closed sales receiving 107.03% of list price! These closings represented a median price of $610,000 and an average price of $975,000. There were 5 new listings for the month of July.
Los Altos Single-Family Homes had an average of 34 Days on Market (DOM) and 36 Cumulative Days on Market (CDOM). Condos/Townhouses had an average of 26 DOM and 26 CDOM.
It’s a good thing KAPOWICH REAL ESTATE is a member of SILVAR & SCCAOR which partly support REInfoLink, a Multiple Listing Service, (MLS), which also maintains statistics on real estate transactions for Santa Clara County and San Mateo County). We love this stuff!
Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay"