Fri May 29 2020
This week the median list price for Morgan Hill, CA is $1,175,000 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has held steady at or around 91.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$1,175,000|
|Per Square Foot||$464|
|Days on Market||70|
|Slight Seller's Advantage|
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,994,975||4,167||1 - 2.5 acres||4||4||17||1||3||93|
|$1,350,000||3,015||0.25 - 0.5 acre||4||3||29||4||2||71|
|$1,099,000||2,324||8,000 - 10,000 sqft||4||3||39||3||4||43|
|$839,000||1,633||4,500 - 6,500 sqft||3||2||32||2||2||74|