Closed Sales in Los Altos Hills, California in July 2008
Property Type: Single Family Homes ~ Los Altos Hills
- There were 7 single family homes reported sold in Los Altos Hills during the month of July 2008.
- Current Inventory in the month of July 2008 = 45
- The Average Price was $3,030,833
- The Median Sales Price was $2,962,500
- The Average Days of Market (DOM) was 73
- % LP Received = 95.0%
- There were 19 new listings reported in Los Altos Hills, California in July 2008.
Definitions:
-
Current Inventory = represents the total number of properties with status 1, 2, and 3.
- Status 1 is active; Status 2 is pending with release; and Status 3 is pending without release.
- Average Price = the sum of the sales prices divided by the number of sales.
- Median Sales Price = is the sales price of the property that falls in the middle of all the sold properties.
- Average DOM = the sum of the number of days on market for sold properties divided by the count of sold properties.
- New Listings = the number of listings with a list date within the month being reported.
- % LP Received = the sum of the sold prices divided by the sum of the list prices multiplied by 100.
Kathleen Daniels is a Los Altos Hills ~ Silicon Valley Real Estate Broker serving the needs of home buyers and home sellers in Los Altos Hills and Silicon Valley ~ Santa Clara County.
1.800.972.1822 ~ Call today for a free ~ no obligation consultation!
Copyright © 2008, All Rights Reserved by Kathleen Daniels *Los Altos Hills, California Real Estate Market Trends ~ July 2008*
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