Mary & Clair's Market Report
Morgan Hill, CA
Condos/Townhomes
Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog
Morgan Hill, CA
Thu May 21 2026
This week the median list price for Morgan Hill, CA is $915,000 with the market action index hovering around 40. This is less than last month's market action index of 47. Inventory has increased to 27.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Real-Time Market Profile
| Median List Price | $915,000 | |
| Median Price of New Listings | $929,999 | |
| Per Square Foot | $553 | |
| Average Days on Market | 48 | |
| Median Days on Market | 49 | |
| Price Decreased | 22% | |
| Price Increased | 7% | |
| Relisted | 19% | |
| Inventory | 27 | |
| Median Rent | ||
| Market Action | 40 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $1,148,000 | 2,085 | - | 4 | 4 | 2 | 1 | 1 | 56 |
| $949,888 | 1,773 | - | 3 | 3 | 4 | 1 | 0 | 21 |
| $869,999 | 1,414 | - | 3 | 3 | 9 | 1 | 0 | 63 |
| $664,600 | 1,365 | 0 - 4,500 sqft | 2 | 2 | 39 | 0 | 4 | 45 |