San Jose ~ Almaden Valley Closed Sales in July 2008

Property Type: Single Family Homes ~ San Jose ~ Almaden Valley
There were 29 single family homes reported sold in Almaden Valley during the month of July 2008.
Current Inventory in the month of July 2008 = 121
The average sales price was $1,094,883
The median sales price was $1,025,000
The average Days on Market (DOM) was 43
% LP Received = 97.91%
There were 54 new listings reported in Almaden Valley in San Jose, California in July 2008.

Property Type: Condo / Townhomes ~ San Jose ~ Almaden Valley
There were 2 condos / townhomes reported sold in Almaden Valley during the month of July 2008.
Current Inventory in the month of July 2008 = 16
The average sales price was $640,000
The median sales price was $640,000
The average Days on Market (DOM) was 30
% LP Received = 96.31%
There were 7 new listings reported in Almaden Valley in San Jose, 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 Sales 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.

Copyright © 2008, All Rights Reserved by Kathleen Daniels *San Jose ~ Almaden Valley Closed Sales in July 2008*

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