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Gilroy, CA Real Estate News

By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
Here are some current Inventory numbers for week 1 in Gilroy (95020).... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype 39 Single family homes currently listed as bank owned 155 Single family homes currently listed as short sales 53 Single family homes are currently overpriced 52 Single family homes sold in the past 90 days 182 Single family homes in escrow (130 short sales) 272 Single family homes listed for sale 311 Total homes in foreclosure $415,000 Median sale price for single family homes in past 90 days  
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Eagle Ridge Golf Course Community, Gilroy, California Market Update  This is a real estate update is for activity in Eagle Ridge Golf Community in Gilroy, California as of December 29, 2011 The real estate market in Eagle Ridge has stayed pretty flat and home values slightly down.  Distressed properties are still dominating the real estate market in Eagle Ridge; homes are on the market a bit longer than before. Median List price is down again slightly for homes in inventory, in escrow and homes sold. Three homes closed escrow since December 16, 2011. Eagle Ridge home values have declined 30-40 percent in the last few years and is still an attractive community for investors in the real estate market.  Eagle Ridge Golf community homes for sale: 8 homes in inventory (6 short sale) Ranging...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Gilroy, California Real Estate Report  This is a real estate update is for activity in Gilroy dated December 23, 2011. Inventory is down sharply and median list price is up too. The number of homes sold this month is up too. Real Estate statistics for Single Family Homes in Gilroy are between $249,900 and $6,495,000 and include 17 homes priced for more than $1,000,000: Gilroy homes for sale: 100 homes are in Inventory (27 short sale and 14 bank-owned (REO)) Median home price $541.944 Price per square feet $290.03 Average days on market 132 Average size 2,769 square feet Average age 29 43 homes were added this month to inventory (14 short sale and 12 REO) Gilroy homes in escrow ranging in price from $150,000 and $1,493,000: total number of homes in escrow 188 (129 REO and 25 short sale) ...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
December’s Season of Celebrations & Sharing – Gilroy Gardens Holiday Lights Symphony of Lasers Gilroy Gardens Family Theme Park presents a nightly 15-minute laser light spectacular! The laser light show begins at 8:30pm.  It is a live presentation shown over Coyote Lake.  The show is designed for families with older children. It is not recommended for infants due to the loud, dynamic music.   The show is FREE with admission.   3050 Hecker Pass Hwy (Hwy 152), Gilroy, CA 95020   Show Dates:  December 2-4, 9-11, 16-23 and 26-30, 2011 Admission at the Front Gate is $29.99 Parking $10.00 Millions of Glimmering Lights! Holiday Themed Rides Santa's Workshop Ice Skating Under the Stars! Also Featuring: "A Charlie Brown Christmas" from Knott's Merry Farm   Merry Christmas!  
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Country Estates Real Estate Report - Market Update Single Family homes Country Estates, Gilroy This real estate update is for single family homes in the community of Country Estates, a neighborhood in the western foothills of Gilroy and consists largely of custom build homes.  Lots are still available.  This report is dated November 11, 2011. The real estate market in Country Estates is very distressed and offers great opportunities for investors. The newest listing on Hollyhock is a bank-owned property in need of some TLC and listed at $707,900. The property has 5 bedrooms, 4 bath and is 3,918 square feet. Currently there are 6 homes in inventory in this community; all but one are distressed sales. List price ranges between $699,000 and $1,199,998. Median sale price is $712,700; averag...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
The South County Realtor Alliance (SCRA) is collecting non-perishable food for the many families in need in our communities. Many business locations have a barrel and are participating in this good cause. The Community of Eagle Ridge is collecting food too.  Please stop by and make your donation small or large at the drop off center in Eagle Ridge or any local organization of business where you see the "Can Tree" Food Drive label. The collection barrel for Eagle Ridge is located at my Eagle Ridge Realty office on Hoylake. The Alliance is also collecting turkeys. Other organizations are also collecting turkeys.  Christopher High School and Gilroy High School are competing for most turkeys collected.  Help them and help our community. Thank you for your generosity.  
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Gilroy Real Estate - Market Report provided by your Gilroy REALTOR® This is a market update for activity in the city of Gilroy, the Garlic Capital of the World, during the last 7 days ending November 7, 2011. Inventory is down, median list price is down for homes in inventory and in escrow but median sales price is up this week. Real Estate statistics for single family detached homes in Gilroy: Gilroy homes for sale (includes 22 homes over 1 million dollars): 143 homes in inventory (39 short sale and 24 bank-owned (REO)) Median home price $540,900 Price per square feet $267.72 Average days on market 118 Average size 2,753 square feet Average age 28 36 homes were added this week to inventory  19 new listings (5 short sale and 5 REO) 6 transfered back into inventory from escrow 11 decrea...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Eagle Ridge Real Estate, Gilroy, California Market Report November 7, 2011 This is a real estate update is for activity in the community of Eagle Ridge Golf during the last 7 days ending November 7, 2011. Median List Price for single family homes offered for sale is down 1%, however, median list price for homes added this week is up. Median list price for homes in escrow is down since my last report (October 28). Number of distressed properties in inventory is down. Real Estate statistics for Eagle Ridge Golf Community, Gilroy: Eagle Ridge homes for sale: 17 homes in inventory (5 short sale and 2 bank-owned (REO))    Median home price $677,920 Price per square feet $190.77 Average days on market 100 Average size 3,579 square feet Average age 8  2 homes were added this week to inventory ...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
This is a real estate update is for activity in the community of Country Estates in Gilroy, California. This community consists mostly of custom homes on rolling hills and is within Gilroy's city limits.  The community doesn't have a home owner association (HOA). Real Estate statistics for Country Estates located in the western foothills of Gilroy: Country Estates homes for sale: 7 homes in inventory (3 short sale and 1 bank-owned (REO))    Median home price $717,500 Price per square feet $206.29 Average days on market 77 Average size 3,802 square feet Average age 9  3 homes were added this week to inventory (2 short sale and 1 REO) 1 new listing 1 decreased list price 1 transfered back from escrow Median home price $699,999 Price per square feet $195.77 Average size 3,636 square feet A...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Eagle Ridge Real Estate, Gilroy, California Market Report October 28, 2011 This is a real estate update is for activity in the community of Eagle Ridge Golf during the last 7 days ending October 28, 2011. Median List Price for homes offered for sale is down 3%, however, median list price for homes in escrow is up 1.7% since my last report (October 17). Real Estate statistics for Eagle Ridge Golf Community, Gilroy: Eagle Ridge homes for sale: 19 homes in inventory (7 short sale and 1 bank-owned (REO))    Median home price $695,000 Price per square feet $192.56 Average days on market 96 Average size 3,434 square feet Average age 8  5 homes were added this week to inventory (3 short sale and 0 REO) 1 new listing 2 decreased list price 2 increased list price 1 transfered back from escrow Me...
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Here is some thing that popped up on my MLS yesterday.  The problem I have with it is that I have automatic alerts going out to many buyer clients.  If they see this, I'm sure my phone will ring, causing me to have to explain to them that this house is not really $3.00, and it is a short sale, and the lender will never approve it at this price, and the furthermore, somebody will probably bid up the price, perhaps to $4.00, so they'll have to pay 33% more for the house than the list price, which I'm sure they will object to!!!  Agents like this, who put in "bait" prices, should be Ghaddafied.  Period.  Actually, that is a little harsh. Perhaps banned from the MLS for 30 days or something.  This house was last listed for $679,000 until last March, and prior to that it was listed at $1,249...
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
I am posting my landing page of my website for posterity.  I am currently remaking my website after 9 years, which is way, way, too long.  I found a lot of dead links, so as a reminder to you all, make sure to check your links on occasion, and give your websites a new look on occasion. Welcome To Eagle Ridge! Eagle Ridge is a beautiful golf course community nestled against the Gavilan mountains, just south of where Highway 152 and Santa Teresa Boulevard meet, on the west side of Gilroy, California. Just a half-hour south of San Jose, it's ideally located for those who work in the Silicon Valley but want the beauty, fresh air, and lifestyle that only a special area like Eagle Ridge can offer.   New Feature! Search Here For Homes! We have the Internet's most complete and comprehensive sea...
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Here is some information for golf courses near Eagle Ridge located in Gilroy, CA.  We have included the phone numbers for these courses, and they are all within about an hour from Eagle Ridge Golf Course in Gilroy, CA. If you love to golf, Eagle Ridge is an exceptional place to play, with a challenging course and a beautiful country setting. Information on Eagle Ridge and other fine golf courses in the Santa Clara Valley and Santa Cruz areas are listed below. In addition, there are links to some top online golf sites, where you can get pointers, check rules, and find out what's going on in the golf universe.To view homes for sale at Eagle Ridge go to Homes in Eagle Ridge   Eagle Ridge Golf Club (408) 846-4531 or(877) 81-EAGLE Club Restaurant (408) 846-4531 Directions to Eagle Ridge Golf...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
  Gilroy Real Estate - Market Report provided by your Gilroy REALTOR® This is a market update for activity in the city of Gilroy, the Garlic Capital of the World, during the last 7 days ending October 18, 2011. Real Estate statistics for Gilroy: Gilroy homes for sale (includes 24 homes over 1 million dollars): 152 homes in inventory (39 short sale and 25 bank-owned (REO)) Median home price $542,444 Price per square feet $266.21 Average days on market 118 Average size 2,744 square feet Average age 26 17 homes were added this week to inventory (3 short sale and 5 REO) 3 transfered back into inventory from escrow 16 decreased list price 1 increased list price Median home price $567,600 Price per square feet $230.31 Average size 2,769 square feet Average age 26 Gilroy Homes for sale under 1...
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Here is the latest foreclosure information for Gilroy, CA. The information comes from ForelosureRadar: Gilroy,CA - Foreclosure Filings Gilroy,CA - Foreclosure Outcomes Gilroy,CA - Foreclosure Inventories Gilroy,CA - Foreclosure Bids Gilroy,CA - Foreclosure Discounting Gilroy,CA - Time to Foreclose Gilroy,CA - By Est. Market Value Gilroy,CA - Filings per Loan Balance Gilroy,CA - Filings By Loan Origination Date The interesting takeaway from the data is the fact that the most activity is from 2007, when there were still "toxic" loans being written.
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
  Gilroy, California Real Estate Report  This is a real estate update is for activity in Gilroy during the last 7 days ending October 1, 2011. Real Estate statistics for Gilroy: Gilroy homes for sale: 153 homes are in Inventory (49 short sale and 19 bank-owned (REO)) Median home price $514,130 Price per square feet $262.19 Average days on market 121 Average size 2,659 square feet Average age 26 32 homes were added this week to inventory (15 short sale and 7 REO) includes 18 new listings, 6 transfered back from escrow into inventory and 9 decrease of list price Median home price $489,450 Price per square feet $208.87 Average size 2,650 square feet Average age 20 Gilroy homes in escrow: total number of homes in escrow 184 (22 REO and 126 short sale) Median home price $350,000 Price per sq...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Eagle Ridge Golf Course Community Gilroy - Real Estate Update  This is a market update for Eagle Ridge Golf Course Community located among the majestic oak trees and open space in the western foothills of Gilroy. The Real Estate report is for activity in this community during the last 7 days ending October 1, 2011. During my home tour with clients today I noticed a number of cars driving slowly through the community, checking out homes for sale and picking up an occasional flyer indicating that home buyers are out there looking and waiting for the right home for the right price. Eagle Ridge is a gated community, very desirable and affordable.  Home values in Eagle Ridge have come down more so than in other parts of Gilroy or the Silicon Valley.    Current activities in Eagle Ridge Golf ...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
The Real Estate report is for Eagle Ridge Golf Community in Gilroy, California. This update is for real estate activity as of September 26, 2011.  Median and average sale price are lower again compared to previous month and as result the price per square foot is down $5 to $195 for homes sold in September. Eagle Ridge, Gilroy Homes for Sale: Currently 11 homes are in inventory including three short sale properties.  1 new listing was added to inventory 1 short sale transfered back from escrow into inventory 1 listing price was reduced. Eagle Ridge, Gilroy homes in Escrow: 15 homes are under contract (13 short sale and 1 bank-owned) 4 homes went into contract Eagle Ridge, Gilroy homes sold: 12 homes sold (50% distressed properties) New home construction in Eagle Ridge, Gilroy: Several ne...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
This Real Estate Update is for Gilroy, California, the most southern town in the Silicon Valley. It is a Market Update for Gilroy Homes Active, Gilroy Homes Pending and Gilroy Homes Sold as of September 1, 2011 concluding the fourth week of September. Inventory is down, fewer homes closed escrow and Pending stays the same. Overall the average price of homes sold is up slightly as is the price per square foot.Gilroy Homes in Inventory this month:   is slightly down overall to 153 39 new properties were added   16 properties transferred out of escrow back into inventory,  4 homes increased list price 27 home reduced listing price  2 homes are back in inventory. Pending Home Sales in Gilroy (homes in escrow) this month: number of homes in escrow is the same as last month, but the number of...
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Investors-- if you are interested in good returns on your investments, rents are good in Gilroy. We can get the house all fixed up and ready for rental. We will also help which house to pick and bid on. We can also get you set up for a regular sale if you decide to buy and sell rather than buy and rent. For further information about foreclosures in Gilroy, please feel free to give me a call: Gilroy,CA - Foreclosure Filings Gilroy,CA - Foreclosure Outcomes Gilroy,CA - Foreclosure Inventories Gilroy,CA - Foreclosure Bids
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