Silicon Valley Real Estate Report for Milpitas ~ Condos & Townhouses ~ 2001 vs 2003 vs 2005 vs 2008 ~ What Real Estate Bubble??

med6284.jpg By Ryan Kapowich

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The 2007 Silicon Valley Real Estate Housing Sales Report for Milpitas Condo/Townhouses saw a closing of 128 sales receiving 98.91% of list price. These closings represented a median price of $549,437 and an average price of $539,310. There were 236 new listings reported to the MLS in 2007.

Total Sales: $69,031,692

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The 2005 Silicon Valley Real Estate Housing Sales Report for Milpitas Condo/Townhouses saw a closing of 249 sales receiving 103.42% of list price. These closings represented a median price of $524,000 and an average price of $512,588. There were 309 new listings reported to the MLS during 2005.

Total Sales: $127,634,426

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The 2003 Silicon Valley Real Estate Housing Sales Report for Milpitas Condo/Townhouses saw a closing of 225 sales receiving 98.51% of list price. These closings represented a median price of $368,750 and an average price of $368,688. There were 283 new listings reported to the MLS in 2003.

Total Sales: $82,586,268

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The 2001 Silicon Valley Real Estate Housing Sales Report for Milpitas Condo/Townhouses saw a closing of 115 sales receiving 99.21% of list price. These closings represented a median price of $350,888 and an average price of $385,345. There were 279 new listings reported to the MLS during 2001.

Total Sales: $44,314,756 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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