Keller Williams Coastal Estates' Market Report

Gilroy, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Gilroy, CA

Mon Sep 28 2020
This week the median list price for Gilroy, CA is $965,000 with the market action index hovering around 57. This is an increase over last month's market action index of 49. Inventory has held steady at or around 43. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gilroy, CA

Mon Sep 28 2020
This week the median list price for Gilroy, CA is $965,000 with the market action index hovering around 57. This is an increase over last month's market action index of 49. Inventory has held steady at or around 43. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gilroy market.
Median List Price $965,000
Per Square Foot $419
Days on Market 112
Price Decreased 23%
Price Increased 2%
Relisted 2%
Inventory 43
Median Rent $3,500
Most Expensive $13,200,000
Least Expensive $465,000
Market Action 57
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,974,943 4,310 1 - 2.5 acres 5 4 15 0 1 214
$1,299,000 3,360 0.25 - 0.5 acre 4 3 20 4 2 186
$859,000 2,360 4,500 - 6,500 sqft 4 3 22 4 2 29
$649,900 1,142 4,500 - 6,500 sqft 3 2 68 5 2 27