The Q-1/2008 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 695 sales receiving 97.59% of
list price. These closings represented a median price of $660,000
and an average price of $755,553. There were 3,340 new listings
reported to the MLS for Q-1/2008 . Total Sales: $524,354,260

vs

The Q-1/2005 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,695 sales receiving 102.34% of
list price. These closings represented a median price of $650,000
and an average price of $714,091. There were 2,765 new listings
reported to the MLS for Q-1/2005. Total Sales: $1,210,384,444

vs

The Q-1/2003 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,381 sales receiving 97.78% of
list price. These closings represented a median price of $495,000
and an average price of $542,326. There were 3,421 new listings
reported to the MLS for Q-1/2003. Total Sales: $748,952,278

vs

The Q-1/2001 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,090 sales receiving 100.59% of
list price. These closings represented a median price of $510,000
and an average price of $572,684. There were 3,422 new listings
reported to the MLS for Q-1/2001. Total Sales: $624,225,978

~San Jose Single-Family Homes Sales Citywide~

The Q-1/2008 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 249 sales receiving 97.22% of
list price. These closings represented a median price of $440,000
and an average price of $453,203. There were 1,133 new listings
reported to the MLS for Q-1/2008. Total Sales: $8,592,000

vs

The Q-1/2005 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 777 sales receiving 103.50% of
list price. These closings represented a median price of $400,000
and an average price of $423,343. There were 1,036 new listings
reported to the MLS for Q-1/2005. Total Sales: $328,938,055

vs

The Q-1/2003 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 567 sales receiving 98.33% of
list price. These closings represented a median price of $325,000
and an average price of $336,681. There were 1,392 new listings
reported to the MLS for Q-1/2003. Total Sales: $190,898,452

vs

The Q-1/2001 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 504 sales receiving 101.67% of
list price. These closings represented a median price of $321,000
and an average price of $348,225. There were 1,316 new listings
reported to the MLS for Q-1/2001. Total Sales: $175,505,668

~San Jose Condos/Townhouses Sales Citywide~

Q-1/2008 ~Single-Family Homes in Central San Jose had an average
of 63 days on market (DOM) and 91 cumulative days on market
(CDOM). Condos/Townhouses had an average of 73 DOM and
93 CDOM.

vs

Q-1/2005~Single-Family Homes in Central San Jose had an average of 19 days on market (DOM) and 25 cumulative days on market (CDOM).
Condos/Townhouses had an average of 16 DOM and 18 CDOM.

vs

Q-1/2003~Single-Family Homes in Central San Jose had an average
of 39 days on market (DOM) and 69 cumulative days on market
(CDOM). Condos/Townhouses had an average of 47 DOM and
71 CDOM.

vs

Q-1/2001~Single-Family Homes in Central San Jose had an average of 22 days on market (DOM) and 29cumulative days on market (CDOM).
Condos/Townhouses had an average of 16 DOM and 20 CDOM.

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

Sunnyvale Real Estate Sales ~ Single-Family Homes

The April/2008 Completed Sales Report for Sunnyvale Single-Family
Homes saw a closing of 42 sales receiving 102.45% of list price. These
closings represented a median price of $897,500 and an average price
of $902,244. There were 128 new listings reported to the MLS for the month of April/2008.

Total Sales: $37,894,253

to

The March/2008 Completed Sales Report for Sunnyvale Single-Family
Homes saw a closing of 47 sales receiving 99.72% of list price. These
closings represented a median price of $940,500 and an average price
of $953,963. There were 103 new listings reported to the MLS for the month of March.

Total Sales: $44,836,267

to

The February/2008 Completed Sales Report for Sunnyvale Single-Family
Homes saw a closing of 29 sales receiving 102.79% of list price. These
closings represented a median price of $836,000 and an average price
of $862,099. There were 75 new listings reported to the MLS in February/2008.

Total Sales: $25,000,875

to

The January/2008 Completed Sales Report for Sunnyvale Single-Family
Homes saw a closing of 16 sales receiving 98.07% of list price. These
closings represented a median price of $766,500 and an average price
of $765,300. There were 74 new listings reported to the MLS in January.

Total Sales: $12,244,800

Sunnyvale Real Estate Sales ~ Single-Family Homes

Sunnyvale Real Estate Sales ~ Condos & Townhouses

April/2008~ Sunnyvale Condos/Townhouses had 10 closed sales receiving 98.22% of list price. These closings represented a median price of $596,000 and an average price of $547,408. There were 57 new listings reported to the MLS for the month of April/2008.

Total Sales: $5,474,088

to

March/2008~ Sunnyvale Condos/Townhouses had 15 closed sales receiving 97.59% of list price. These closings represented a median price of $605,000 and an average price of $595,066. There were 43 new listings reported to the MLS for the month of March.

Total Sales: $8,926,000

to

February/2008 ~ Sunnyvale Condos/Townhouses had 15 closed sales receiving 99.25% of list price. These closings represented a median price of $559,000 and an average price of $588,982. There were 47 new listings reported to the MLS in February/2008.

Total Sales: $8,834,732

to

January/2008~ Sunnyvale Condos/Townhouses had 7 closed sales receiving 98.46% of list price. These closings represented a median price of $705,000 and an average price of $671,396. There were 35 new listings for the month of January.

Total Sales: $4,699,777

Sunnyvale Real Estate Sales ~ Condos & Townhouses

View Larger Map

April/2008~ Single-family homes in Sunnyvale had an average of 23 days on
market (DOM) and 30 cumulative days on market (CDOM).
Condos/Townhouses had an average of 43 DOM and 58 CDOM.

to

March/2008~ Single-family homes in Sunnyvale had an average of 39 days on
market (DOM) and 42 cumulative days on market (CDOM).
Condos/Townhouses had an average of 30 DOM and 56 CDOM.

to

February/2008 ~ Single-family homes in Sunnyvale had an average of 37 days on market (DOM) and 55 cumulative days on market (CDOM).
Condos/Townhouses had an average of 65 DOM and 84 CDOM

to

Jan/2008~ Single-family homes in Sunnyvale had an average of 30 days on
market (DOM) and 70 cumulative days on market (CDOM).
Condos/Townhouses had an average of 28 DOM and 44 CDOM.

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

by Ryan Kapowich

The April/2008 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 12 sales receiving 94.27% of list price. These closings represented a median price of $550,000 and an average price of $560,979. There were 39 new listings for the month of April/2008.

Total Sales: $6,731,750

vs

The March/2008 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 11 sales receiving 97.01% of list price. These closings represented a median price of $560,000 and an average price of $570,954. There were 56 new listings for the month of March/2008.

Total Sales: $6,280,500

vs

The February 2007 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 11 sales receiving 99.27% of list price. These closings represented a median price of $709,000 and an average price of $704,222. There were 27 new listings for the month of February.

Total Sales: $7,746,450

Santa Teresa Single-Family Home Sales

View Larger Map

April/2008~Santa Teresa Condos/Townhouses had 1 closed sales receiving 100.00% of list price. These closings represented a median price and average price of $488,000. There were 12 new listings for the month of April/2008.

Total Sales: $488,000

vs

March/2008~Santa Teresa Condos/Townhouses had 2 closed sales receiving 97.95% of list price. These closings represented a median price and average price of $515,000. There were 8 new listings for the month of March/2008.

Total Sales: $954,000

vs

February/2008~Santa Teresa Condos/Townhouses had 2 closed sales receiving 99.90% of list price. These closings represented a median price and average price of $515,000. There were 8 new listings for the month of February.

Total Sales: $1,030,000

Santa Teresa Condos & Townhouses Sales

April/2008~Single-Family Homes in Santa Teresa had an average of 66 days on market (DOM) and 151 cumulative days on market (CDOM). Condos/Townhouses had an average of 27 DOM and CDOM.

vs

March/2008~Single-Family Homes in Santa Teresa had an average of 88 days on market (DOM) and 98 cumulative days on market (CDOM). Condos/Townhouses had an average of 118 DOM and CDOM.
vs

Feb/2008~Single-Family Homes in Santa Teresa had an average of 38 days on market (DOM) and 74 cumulative days on market (CDOM). Condos/Townhouses had an average of 118 DOM and CDOM.

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

The Q-1/2008 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 695 sales receiving 97.59% of
list price. These closings represented a median price of $660,000
and an average price of $755,553. There were 3,340 new listings
reported to the MLS for Q-1/2008 . Total Sales: $524,354,260

vs

The Q-1/2005 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,695 sales receiving 102.34% of
list price. These closings represented a median price of $650,000
and an average price of $714,091. There were 2,765 new listings
reported to the MLS for Q-1/2005. Total Sales: $1,210,384,444

vs

The Q-1/2003 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,381 sales receiving 97.78% of
list price. These closings represented a median price of $495,000
and an average price of $542,326. There were 3,421 new listings
reported to the MLS for Q-1/2003. Total Sales: $748,952,278

vs

The Q-1/2001 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,090 sales receiving 100.59% of
list price. These closings represented a median price of $510,000
and an average price of $572,684. There were 3,422 new listings
reported to the MLS for Q-1/2001. Total Sales: $624,225,978

~San Jose Single-Family Homes Sales Citywide~

The Q-1/2008 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 249 sales receiving 97.22% of
list price. These closings represented a median price of $440,000
and an average price of $453,203. There were 1,133 new listings
reported to the MLS for Q-1/2008. Total Sales: $8,592,000

vs

The Q-1/2005 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 777 sales receiving 103.50% of
list price. These closings represented a median price of $400,000
and an average price of $423,343. There were 1,036 new listings
reported to the MLS for Q-1/2005. Total Sales: $328,938,055

vs

The Q-1/2003 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 567 sales receiving 98.33% of
list price. These closings represented a median price of $325,000
and an average price of $336,681. There were 1,392 new listings
reported to the MLS for Q-1/2003. Total Sales: $190,898,452

vs

The Q-1/2001 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 504 sales receiving 101.67% of
list price. These closings represented a median price of $321,000
and an average price of $348,225. There were 1,316 new listings
reported to the MLS for Q-1/2001. Total Sales: $175,505,668

~San Jose Condos/Townhouses Sales Citywide~

Q-1/2008 ~Single-Family Homes in Central San Jose had an average
of 63 days on market (DOM) and 91 cumulative days on market
(CDOM). Condos/Townhouses had an average of 73 DOM and
93 CDOM.

vs

Q-1/2005~Single-Family Homes in Central San Jose had an average of 19 days on market (DOM) and 25 cumulative days on market (CDOM).
Condos/Townhouses had an average of 16 DOM and 18 CDOM.

vs

Q-1/2003~Single-Family Homes in Central San Jose had an average
of 39 days on market (DOM) and 69 cumulative days on market
(CDOM). Condos/Townhouses had an average of 47 DOM and
71 CDOM.

vs

Q-1/2001~Single-Family Homes in Central San Jose had an average of 22 days on market (DOM) and 29cumulative days on market (CDOM).
Condos/Townhouses had an average of 16 DOM and 20 CDOM.

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

The Seller’s Market

Veteran real estate agents have seen/felt many, many markets “change,” also referred to as “cycles.” Some of these changes took place seemingly overnight. A Seller’s Market in Silicon Valley finds Buyers lining up in front of mediocre over-priced properties. In addition, these Buyers will compete to pay over-list price, buy “as-is” and forgo the protections of contingency clauses.

The Buyer’s Market

Conversely, when the market turns, as it always does, you’ll see a Buyer friendly environment. While some neighborhoods are impervious to market changes ~ the cycle remain the same outside those cocoons of prosperity.

Cycle One of a Buyer’s Market

Listing Agents return your call(s), Sellers begin to roll out the red carpet, and are even willing to make deferred maintenance repairs to their homes.

Cycle Two of a Buyer’s Market

Sellers have replaced their Listing Agent in lieu of adjusting their price. Sellers begin to proactively make repairs, and now agree with Listing Agent number two, it is time to adjust their price “to be competitive.” Resulting in list price number three.

Cycle Three of a Buyer’s Market

Some Seller are now on their third listing agents and/or list price, the inventory has grown such, that buyer can name their terms and conditions on the home of their choosing.

Regarding Price

As I’ve always said, “If the market has not done the work for you,” a Buyer’s Agent with good solid negotiating skills will.

The Sweet Spot

Recently, I’ve had buyers come to me and state “We’ve been watching the market, and we believe now is the time out looking and the time to buy.”

The Mass Media Exaggerates Hot or Cooling Markets

Congrats to any Buyer(s) who has the foresight to buy in the “Sweet Spot” of a Buyer’s Market. Have you ever met someone who bought in a Buyer’s Market only to regret it.” I haven’t. A special congratulations to to those Buyers who possess the savvy to ignore the Mass Media that has frozen Buyers in fear, who are destined to “enter the market” in mass, when the cycle turns.

Pat Kapowich, “Negotiating Smooth Transactions Throughout The South Bay”

SiliconValleyBroker.com

by Ryan Kapowich

The April/2008 Completed Sales Report for Milpitas Single-Family
Homes saw a closing of 16 sales receiving 97.88% of list price. These
closings represented a median price of $585,000 and an average price
of $660,805. There were 56 new listings reported to the MLS in
April/2008.

Total Sales: $10,572,888

vs

The April/2007 Completed Sales Report for Milpitas Single-Family
Homes saw a closing of 104 sales receiving 98.69% of list price. These
closings represented a median price of $737,500 and an average price
of $788,680. There were 44 new listings reported to the MLS in
April/2007.

Total Sales: $25,237,776

Milpitas Real Estate Single-Family Homes Sales

View Larger Map

April/2008~Milpitas Condos/Townhouses had 9 closed sales receiving 95.64% of list price. These closings represented a median price of $559,000 and an average price of $475,000. There were 19 new listings reported to the MLS in April/2008.

Total Sales: $4,781,702

vs

April/2007~Milpitas Condos/Townhouses had 12 closed sales receiving 99.44% of list price. These closings represented a median price of $591,000 and an average price of $567,258. There were 20 new listings reported to the MLS in April/2007.

Total Sales: $6,807,101

Milpitas Real Estate Condos & Townhouses Sales

April/2008~Single-family homes in Milpitas had an average of 67 days on
market (DOM) and 119 cumulative days on market (CDOM).
Condos/Townhouses had an average of 63 DOM and 80 CDOM.

vs

April/2007~Single-family homes in Milpitas had an average of 40 DOM and 64 CDOM.
Condos/Townhouses had an average of 39 DOM and CDOM.

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

The April/2008 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 331 sales receiving 97.63% of list price. These closings had an average price of $734,671. There were 1,301 new listings reported to the MLS for April.

Total Sales: $243,176,278

to

The March/2008 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 583 sales receiving 98.94% of list price. These closings had an average price of $984,325. There were 2,051 new listings reported to the MLS for March.

Total Sales: $572,877,647

to

The February/2008 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 424 sales receiving 98.20% of list price. These closings had an average price of $988.772. There were 1,855 new listings reported to the MLS for February.

Total Sales: $418,250,943

to

The January 2008 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 337 sales receiving 97.18% of list price. These closings had an average price of $1,005.253. There were 1,629 new listings reported to the MLS for January.
Total Sales: $338,770,476

Santa Clara County Real Estate Sales for Single-Family Homes

April/2008~Santa Clara County Condos/Townhouses had 110 closed sales receiving 97.10% of list price. These closings had an average price of $432,469. There were 416 new listings for the month of April.

Total Sales: $47,571,600

to

March/2008~Santa Clara County Condos/Townhouses had 196 closed sales receiving 98.33% of list price. These closings had an average price of $569,869. There were 625 new listings for the month of March.

Total Sales: $111,694,474

to

February/2008~Santa Clara County Condos/Townhouses had 141 closed sales receiving 98.00% of list price. These closings had an average price of $553,161. There were 623 new listings for the month of February.

Total Sales: $77,995,823

to

January/2008~Santa Clara County Condos/Townhouses had 138 closed sales receiving 98.07% of list price. These closings had an average price of $523,566. There were 599 new listings for the month of January.

Total Sales: $72,252,119

Santa Clara County Real Estate Sales for Condos & Townhouses

April/2008~Single-Family Homes in Santa Clara County had an average of 52 days on market (DOM) and 83 cumulative days on market (CDOM).
Condos/Townhouses had an average of 74 DOM and 98 CDOM.

to

March/2008~Single-Family Homes in Santa Clara County had an average of 55 days on market (DOM) and 76 cumulative days on market (CDOM).
Condos/Townhouses had an average of 53 DOM and 72 CDOM.

to

February/2008~Single-Family Homes in Santa Clara County had an average of 58 days on market (DOM) and 81 cumulative days on market (CDOM).
Condos/Townhouses had an average of 64 DOM and 85 CDOM.

to

January/2008~Single-Family Homes in Santa Clara County had an average of 59 days on market (DOM) and 87 cumulative days on market (CDOM).
Condos/Townhouses had an average of 66 DOM and 85 CDOM.

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

Sunnyvale’s Historic Murphy Avenue

Sunnyvale’s Il Postale Restaurant

Sunnyvale’s Single-Family Homes in 94086

View Larger Map

Sunnyvale’s Single-Family Homes in 94086

It is beneficial for KAPOWICH REAL ESTATE to be a member of SILVAR & SCCAOR which partly support REInfoLink, a Multiple Listing Service (MLS). REInfoLink 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

The April/2008 Completed Sales Report for Woodside Single-Family
Homes saw a closing of 4 sales receiving 99.11% of list price. These
closings represented a median price of $2,460,500 and an average price
of $2,697,750. There were 8 new listings reported to the MLS in April/2008.

Total Sales: $10,791,000

vs

The April/2007 Completed Sales Report for Woodside Single-Family
Homes saw a closing of 6 sales receiving 104.02% of list price. These
closings represented a median price of $2,517,500 and an average price
of $2,832,500. There were 13 new listings reported to the MLS in
April/2007.

Total Sales: $16,995,000

April/2008~Single-family homes in Woodside had an average of 74 days on
market (DOM) and 127 cumulative days on market (CDOM).

vs

April/2007~Single-family homes in Woodside had an average of 44 DOM and CDOM.

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