Silicon Valley Real Estate Housing Sales Report: City of Los Gatos~July/07
The July 2007 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 31 sales receiving 98.90% of list price. These closings represented a median price of $1,670,000 and an average price of $1,603,758. There were also 38 new listings reported.
Los Gatos Condos/Townhouses had 13 closed sales receiving 99.00% of list price. These closings represented a median price of $585,000 and an average price of $646,376. There were 7 new listings for the month of July.
Los Gatos Single-Family Homes had an average of 32 Days on Market (DOM) and 63 Cumulative Days on Market (CDOM). Condos/Townhouses had an average of 45 DOM and 55 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"