Mary & Clair's Market Report

Morgan Hill, CA 95037

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Morgan Hill, CA 95037

Fri Aug 07 2026
This week the median list price for Morgan Hill, CA 95037 is $1,800,000 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has increased to 83. Click here to stay informed with the Morgan Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Morgan Hill, CA 95037

Fri Aug 07 2026
This week the median list price for Morgan Hill, CA 95037 is $1,800,000 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has increased to 83. Click here to stay informed with the Morgan Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Morgan Hill market.
Median List Price $1,800,000
Median Price of New Listings $1,599,999
Per Square Foot $629
Average Days on Market 137
Median Days on Market 77
Price Decreased 37%
Price Increased 2%
Relisted 10%
Inventory 83
Median Rent
Market Action 39
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$3,615,000 4,059 0.5 - 1 acre 4 4 29 0 1 105
$1,999,888 3,423 0.25 - 0.5 acre 4 4 26 3 0 77
$1,598,000 2,818 0.25 - 0.5 acre 4 3 49 1 0 56
$1,292,994 2,045 4,500 - 6,500 sqft 3 3 27 3 4 66