Silicon Valley Real Estate Housing Sales Report for Santa Clara County vs San Mateo County ~ Q1 2011

The Q1 2011 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 2,296 sales receiving 98.16% of list price. These closings represented a median price of $540,000 and an average price of $704,913. There were 4,211new listings reported to the MLS during Q1 2011. Total Sales: $1,612,843,059 The Q1 2011 San Mateo County (SMC), Real Estate Sales Report for Single-Family Homes saw a closing of 858 sales receiving 96.75% of list price. These closings represented a median price of $633,500 and an average price of $862,614. There were 1,794 new listings reported to the MLS during Q1 2011. Total Sales: $736,672,654

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Q1 2011 ~SCC Condos/Townhouses had 943 closed sales receiving 98.80% of list price. These closings represented a median price of $284,500 and an average price of $344,850. There were 1,702 new listings reported to the MLS during Q1 2011. Total Sales: $324,849,476

Q1 2011 ~SMC Condos/Townhouses had 279 closed sales receiving 96.76% of list price. These closings represented a median price of $378,000 and an average price of $407,572. There were 190 new listings reported to the MLS during Q1 2011. Total Sales: $113,712,651

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Q1 2011~Single-Family Homes in SCC had an average of 83 days on market (DOM). Condos/Townhouses had an average of 102 DOM.

Q1 2011~Single-Family Homes in SMC had an average of 72 days on market (DOM). Condos/Townhouses had an average of 95 DOM.

KAPOWICH REAL ESTATE derives many benefits from its memberships in the National Association of Realtors, the California Association of Realtors and the Silicon Valley Association of Realtors.  Not the least of which is their statistical information on real estate transactions!