Silicon Valley Real Estate Sales Report for Los Gatos-May/07

lw4n6581.jpgThe May 2007 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 28 sales receiving 95.44% of list price! These closings represented a median price of $1,412,500 and an average price of $1,643,932. There were also 58 new listings reported. Los Gatos Condo/Townhouses had 7 closed sales receiving 100.02% of list price. These closings represented a median price of $759,000 and an average price of $742.571. There were 21 new listings for the month of May. Los Gatos Single-Family Homes had an average of 54 Days on Market (DOM) and 87 Cumulative Days on Market (CDOM). Los Gatos Condo/Townhouses listings reported 22 DOM and 23 CDOM. It’s a good thing KAPOWICH REAL ESTATE is a member of REInfoLink, (Santa Clara County's Multiple Listing Service which also maintains statistics on real estate transactions). We love this stuff!

5187223.png