Silicon Valley Real Estate Housing Sales Report for City of Menlo Park ~ June/2008 to May/2008 ~ Pics, Graph & Stats

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The June 2008 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 42 sales receiving 99.95% of list price. These closings represented a median price of $1,747,750 and an average price of $1,939,911. There were 52 new listings for the month of June.

Total Sales: $81,476,280

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The May/2008 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 36 sales receiving 99.71% of list price. These closings represented a median price of $1,365,000 and an average price of $1,497,972. There were 48 new listings for the month of May.

Total Sales: $53,926,997

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June/2008~Menlo Park Condos/Townhouses had 10 closed sales receiving 97.28% of list price. These closings represented a median price of $917,500 and an average price of $1,016,000. There were 10 new listings for the month of June.

Total Sales: $10,160,000

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May/2008~Menlo Park Condos/Townhouses had 6 closed sales receiving 95.62% of list price. These closings represented a median price of $754,000 and an average price of $759,583. There were 11 new listings for the month of May.

Total Sales: $4,557,500

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June/2008~Single-Family Homes in Menlo Park had an average of 33 days on market (DOM) and cumulative days on market (CDOM). Condos/Townhouses had an average of 46 DOM and CDOM.

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May/2008~Single-Family Homes in Menlo Park had an average of 27 DOM and 36 CDOM. Condos/Townhouses had an average of 37 DOM and CDOM.

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It is beneficial for KAPOWICH REAL ESTATE to be a member of 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). All the associations maintain statistics on real estate transactions for Silicon Valley.  We love this stuff!

Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay" SiliconValleyBroker.com

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