Market Report - The Brasil Group

Gilroy, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com


Current active inventory in Gilroy, CA is very low. Keep this in mind when looking at this report.

Gilroy, CA

Thu Apr 18 2024
This week the median list price for Gilroy, CA is $758,999 with the market action index hovering around 49. This is an increase over last month's market action index of 30. Inventory has held steady at or around 2. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Gilroy, CA

Thu Apr 18 2024
This week the median list price for Gilroy, CA is $758,999 with the market action index hovering around 49. This is an increase over last month's market action index of 30. Inventory has held steady at or around 2. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Gilroy market.
Median List Price $758,999
Median Price of New Listings $0
Per Square Foot $476
Average Days on Market 14
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 49
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$888,000 2,027 - 4 3 2 0 0 14
$629,999 1,223 0 - 4,500 sqft 2 2 39 0 1 14