Intero Market Report

Morgan Hill, CA 95037

Single-Family Homes

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Morgan Hill, CA 95037

Mon Nov 30 2020
This week the median list price for Morgan Hill, CA 95037 is $1,599,999 with the market action index hovering around 69. This is an increase over last month's market action index of 67. Inventory has held steady at or around 43. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Morgan Hill, CA 95037

Mon Nov 30 2020
This week the median list price for Morgan Hill, CA 95037 is $1,599,999 with the market action index hovering around 69. This is an increase over last month's market action index of 67. Inventory has held steady at or around 43. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Morgan Hill market.
Median List Price $1,599,999
Per Square Foot $492
Days on Market 104
Price Decreased 35%
Price Increased 5%
Relisted 5%
Inventory 43
Median Rent $3,100
Most Expensive $5,995,000
Least Expensive $280,000
Market Action 69
Strong Seller's Market

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$2,669,500 4,668 2.5 - 5 acres 4 5 18 0 0 94
$1,845,000 3,655 1 - 2.5 acres 4 4 36 0 1 118
$1,450,000 3,132 0.25 - 0.5 acre 5 3 28 0 1 101
$1,080,000 1,700 1 - 2.5 acres 3 3 42 2 7 101