Intero Market Report

Morgan Hill, CA 95037

Single-Family Homes

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Morgan Hill, CA 95037

Mon Sep 21 2020
This week the median list price for Morgan Hill, CA 95037 is $1,299,475 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 54. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Morgan Hill, CA 95037

Mon Sep 21 2020
This week the median list price for Morgan Hill, CA 95037 is $1,299,475 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 54. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Morgan Hill market.
Median List Price $1,299,475
Per Square Foot $497
Days on Market 64
Price Decreased 26%
Price Increased 2%
Relisted 4%
Inventory 54
Median Rent $4,000
Most Expensive $4,499,000
Least Expensive $295,000
Market Action 55
Strong Seller's Market

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
$2,098,000 4,255 1 - 2.5 acres 5 5 25 1 5 61
$1,459,000 3,072 0.25 - 0.5 acre 4 3 26 3 5 106
$1,092,000 2,591 8,000 - 10,000 sqft 4 3 37 7 9 23
$839,975 1,550 0 - 4,500 sqft 3 3 23 7 12 65