Intero Market Report

Gilroy, CA 95020

Single-Family Homes

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Gilroy, CA 95020

Mon Nov 30 2020
This week the median list price for Gilroy, CA 95020 is $975,900 with the market action index hovering around 84. This is an increase over last month's market action index of 81. Inventory has held steady at or around 31. 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.

Strong Seller's Market

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.

Gilroy, CA 95020

Mon Nov 30 2020
This week the median list price for Gilroy, CA 95020 is $975,900 with the market action index hovering around 84. This is an increase over last month's market action index of 81. Inventory has held steady at or around 31. 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.

Strong Seller's Market

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

Never miss important changes in the Gilroy market.
Median List Price $975,900
Per Square Foot $467
Days on Market 129
Price Decreased 23%
Price Increased 6%
Relisted 6%
Inventory 31
Median Rent $3,345
Most Expensive $13,200,000
Least Expensive $465,000
Market Action 84
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$2,695,000 4,144 0.5 - 1 acre 5 4 38 2 2 252
$1,310,000 2,920 1 - 2.5 acres 4 3 18 3 0 214
$859,894 1,919 0 - 4,500 sqft 3 3 12 4 5 14
$602,499 1,293 0 - 4,500 sqft 3 2 37 2 2 51