It is definitely a Happy New Year if you own a home in White Oaks! You’d never know that there’s a nationwide housing slump when you see the numbers below. Suffice it to say that home values held up very well this past year. Although the total number of sales dropped slightly from 2006, the average and median sales prices both increased. Here are the details:
- Total # of Homes Sold: 85 in 2007, an 8.6% decrease from 93 in 2006.
- Average Sales Price: $1,110,492 in 2007, which is an 11.9% increase over $992,440 in 2006.
- Median Sales Price: $1,065,000 which represents a 15.1% increase over $925,000 in 2006.
- Average DOM: 19.4 Days in 2007, versus 20 Days in 2007.
Not only is White Oaks a great neighborhood to live in, it’s a pretty darn good real estate investment.
If you’re interested in seeing the details of every home that sold in White Oaks in 2007, click here —> White Oaks 2007 Home Sales Figures
Also, to see how the rest of San Carlos fared in 2007, click here —> San Carlos 2007 Sales Figures
Cheers and Happy New Year from whiteoaksblog.com!
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