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
Thu Nov 05 2026
This week the median list price for Morgan Hill, CA 95037 is $1,499,999 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 91.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $1,499,999 | |
| Median Price of New Listings | $1,799,000 | |
| Per Square Foot | $627 | |
| Average Days on Market | 141 | |
| Median Days on Market | 63 | |
| Price Decreased | 42% | |
| Price Increased | 4% | |
| Relisted | 4% | |
| Inventory | 91 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,950,000 | 3,930 | 0.25 - 0.5 acre | 5 | 4 | 36 | 1 | 0 | 105 |
| $1,799,000 | 2,850 | 0.25 - 0.5 acre | 4 | 3 | 36 | 2 | 1 | 70 |
| $1,349,000 | 2,345 | 6,500 - 8,000 sqft | 4 | 3 | 33 | 0 | 2 | 56 |
| $1,166,000 | 1,861 | 4,500 - 6,500 sqft | 3 | 3 | 38 | 2 | 2 | 45 |