Mary Pope-Handy's Market Report

Gilroy, CA 95020

Condos/Townhomes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Gilroy, CA 95020

Sun Oct 05 2025
This week the median list price for Gilroy, CA 95020 is $580,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has decreased to 9. Click here to stay informed with the Gilroy market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Gilroy, CA 95020

Sun Oct 05 2025
This week the median list price for Gilroy, CA 95020 is $580,000 with the market action index hovering around 32. This is less than last month's market action index of 37. Inventory has decreased to 9. Click here to stay informed with the Gilroy market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Gilroy market.
Median List Price $580,000
Median Price of New Listings $0
Per Square Foot $491
Average Days on Market 84
Median Days on Market 70
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 32
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$839,000 1,679 0 - 4,500 sqft 3 3 18 0 0 70
$632,000 1,427 0 - 4,500 sqft 2 2.5 41 0 0 119
$519,999 1,065 0 - 4,500 sqft 1 1.5 40 0 0 70
$445,000 886 0 - 4,500 sqft 2 1.5 48 0 0 73