Mary Pope-Handy's Market Report

Morgan Hill, CA 95037

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Morgan Hill, CA 95037

Mon Jun 17 2019
This week the median list price for Morgan Hill, CA 95037 is $1,199,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 99. Click here to stay informed with the Morgan Hill market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Morgan Hill, CA 95037

Mon Jun 17 2019
This week the median list price for Morgan Hill, CA 95037 is $1,199,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 99. Click here to stay informed with the Morgan Hill market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Morgan Hill market.
Median List Price $1,199,000
Per Square Foot $450
Days on Market 46
Price Decreased 29%
Price Increased 1%
Relisted 5%
Inventory 99
Median House Rent $3,800
Most Expensive $5,978,000
Least Expensive $325,000
Market Action Index
Strong Seller's Market
49

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,974,444 3,623 1 - 2.5 acres 4 3 19 4 0 81
$1,388,000 3,118 0.25 - 0.5 acre 4 3 18 6 4 24
$1,049,000 2,415 8,000 - 10,000 sqft 4 3 29 9 4 38
$849,500 1,575 4,500 - 6,500 sqft 3 2 28 10 3 43