Santa Clara, CA Market Recap for August 2007

Here are the latest real estate market statistics for Santa Clara, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 35.0%*

Average	July 2007	August 2007	% Change
Asking Price	$687,928	$660,842	-3.9%
Sales Price	$691,207	$661,245	-4.3%
% of Asking Price	100%	100%	0.0%
$/SQFT	$485	$486	0.2%
Days on Market	46	33	-28.3%
Total Transactions	88	76	-13.6%

Search for homes in Santa Clara, CA and read a neighborhood overview of the Santa Clara, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 9/14/2007: 363 properties on the market with 127 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.