Silicon Valley Real Estate Housing Sales Report for San Jose's Almaden Valley ~ June 2008 ~ Map, Graphs & Stats ~ What Real Estate Bubble?

med62844.jpg by Ryan Kapowich

The June 2008 Completed Sales Report for Almaden Valley Single-Family Homes saw a closing of 27 sales receiving 97.01% of list price. These closings represented a median price of $1,000,000 and an average price of $1,103,409. There were 57 new listings reported to MLS for the month of June.

Total Sales: $29,792,050

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The May 2008 Completed Sales Report for Almaden Valley Single-Family Homes saw a closing of 28 sales receiving 97.61% of list price. These closings represented a median price of $1,069,100 and an average price of $1,172,043. There were 54 new listings reported to MLS for the month of May.

Total Sales: $32,817,213

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June/2008~Almaden Valley Condos/Townhouses had 6 closed sales receiving 96.93% of list price. These closings represented a median price of $769,500 and an average price of $811,266. There were 5 new listings reported to MLS for the month of June.

Total Sales: $4,867,600

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May/2008~Almaden Valley Condos/Townhouses had 1 closed sale receiving 99.43% of list price. The listing closed at $695,000. There were 7 new listings reported to MLS for the month of May.

Total Sales: $695,000

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~Picture by the Almaden Valley Community Association~

June/2008~Single-Family Homes in Almaden Valley had an average of 24 days on market (DOM) and 33 cumulative days on market (CDOM). Condos/Townhouses had an average of 95 DOM and 100 CDOM.

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May/2008~Single-Family Homes in Almaden Valley had an average of 29 days on market (DOM) and 37 cumulative days on market (CDOM). Condos/Townhouses had an average of 25 DOM and CDOM.

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It is beneficial for KAPOWICH REAL ESTATE to be a member of Silicon Valley Association of Realtors and Santa Clara County Association of Realtors which partly supports MLSListings, a Multiple Listing Service (MLS). MLSListings, 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" SiliconValleyBroker.com

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