Los Gatos California Real Estate

• Los Gatos Real Estate
• Los Gatos Home Sales in September 2008
• Los Gatos 95032, 95030, 95033

Property Type:  Single Family Homes ~ Los Gatos Real Estate

• There were 28 single family homes reported sold in Los Gatos during the month of September 2008.
• Current Inventory in the month of September 2008 = 178
• The Average Price was $1,583,780
• The Median Sales Price was $1,202,500
• The Average Days of Market (DOM) was 68
• % LP Received = 93.41%
• There were 82 new listings reported in Los Gatos California in September 2008.

Property Type:  Condos / Townhomes ~ Los Gatos Real Estate

• There were 8 condos / townhomes reported sold in Los Gatos during the month of September 2008.
• Current Inventory in the month of September 2008 = 51
• The Average Price was $768,021
• The Median Sales Price was $850,000
• The Average Days on Market (DOM) was 77
• % LP Received = 96.44%
• There were 17 new listings reported in Los Gatos 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.

Kathleen Daniels is a Silicon Valley Real Estate Agent serving the needs of home buyers and home sellers in Los Gatos and Silicon Valley

Saratoga Real Estate

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