Santa Clara, CA Market Update for October 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: 41.4%*

Average	September 2007	October 2007	% Change
Asking Price	$687,207	$665,724	-3.1%
Sales Price	$675,134	$653,775	-3.2%
% of Asking Price	98%	98%	0.0%
$/SQFT	$459	$456	-0.7%
Days on Market	73	68	-6.8%
Total Transactions	43	48	11.6%

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 11/7/2007: 353 properties on the market with 146 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.