Saratoga California Real Estate

Saratoga Home Sales in September 2008

Saratoga 95070

Property Type:  Single Family Homes ~ Saratoga Real Estate

• There were 23 single family homes reported sold in Saratoga during the month of September 2008.
• Current Inventory in the month of September 2008 = 135
• The Average Price was $1,957,173
• The Median Sales Price was $1,690,000
• The Average Days of Market (DOM) was 27
• % LP Received = 96.22%
• There were 54 new listings reported in Saratoga, California in September 2008.

Property Type:  Saratoga Condos / Saratoga Townhomes ~ Saratoga Real Estate

• There were 4 condos / townhomes reported sold in Saratoga during the month of September 2008.
• Current Inventory in the month of September 2008 = 19
• The Average Price was $625,000
• The Median Sales Price was $632,500
• The Average Days on Market (DOM) was 12
• % LP Received = 98.55%
• There were 7 new listings reported in Saratoga, California in September 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.
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Kathleen Daniels is a Saratoga Real Estate Agent serving the needs of home buyers and home sellers in Saratoga and Silicon Valley.

Silicon Valley Real Estate

Copyright © 2008, All Rights Reserved by Kathleen Daniels *Saratoga Real Estate Home Sales in September 2008*