Morgan Hill, 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)
Current Inventory of Homes for week 7, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      1 Single family home currently listed as bank owned.4 Single family homes currently listed as short sales.19 Single family homes are currently overpriced.177 Is the average days on market of overpriced homes.47 Single family homes sold in the past 90 days.33 Single family homes in escrow (2 short sales).77 Single family homes listed for sale.$775,000 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)
Here is a snapshot of the real estate market in Morgan Hill, Ca 95037 as of 2/8/16. Inventory levels remain very low  in Morgan Hill as in the rest of Santa Clara County.  Although Average sale price is lower than average list price homes sell very quickly and often with multiple offers.Total properties listed for sale as of today in Morgan Hill is 28 and that is down sharply from last week.Condos and townhomes for sale in Morgan Hill:Currently there are only 3 townhouse for sale from $545,000 to $649,000Ranche/ farm offered for sale in Morgan Hill:1 Residential farm/ranch for sale at $888,888Single Family homes for sale in Morgan Hill:Due to the low inventory only 25 single family homes are offered for sale ranging in price from $509,000 to $1,779,000. Average days on market (DOM) 42, ...
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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)
Current Inventory of Homes for week 6, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.4 Single family homes currently listed as short sales.19 Single family homes are currently overpriced.178 Is the average days on market of overpriced homes.52 Single family homes sold in the past 90 days.34 Single family homes in escrow (3 short sales).74 Single family homes listed for sale.$781,500 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 5, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.4 Single family homes currently listed as short sales.21 Single family homes are currently overpriced.174 Is the average days on market of overpriced homes.57 Single family homes sold in the past 90 days.30 Single family homes in escrow (3 short sales).70 Single family homes listed for sale.$775,000 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)
YES, ..... THAT'S RIGHT. INVENTORY LEVELS ARE SO LOW THAT IT'S GETTING CROWDED IN THE BUYER'S POOL. If you lived in your home for a number of years and you have enough equity to move up now may be a good time to find out the value of your property and consider your options.Would Proposition 60 or 90 work in your favor?What is your current property value?Where would you like to move to?These are questions your local Realtor® can help you with. Let me help you determine whether you can move up to your next home. As always, if you list with me I provide free home staging service for you so you don't have to worry. Statistics show that staged properties sell faster for more than homes not staged.
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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)
Current Inventory of Homes for week 4, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.5 Single family homes currently listed as short sales.15 Single family homes are currently overpriced.204 Is the average days on market of overpriced homes.59 Single family homes sold in the past 90 days.34 Single family homes in escrow (4 short sales).70 Single family homes listed for sale.$790,000 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)
When is it a good time to sell my home? Super low inventory levels for homes in Gilroy and Morgan Hill California. Single Family homes, condos and townhouse levels are historically low. Many homeowners feel they need to wait until the Spring to list their properties.   Don't wait: Stand apart from the crowd. Contact your local Realtor for a free market report on your property to find out the value of your home.There are only 36 single family homes, condos and townhouses listed for sale in Morgan Hill, CA 95037. List price ranges from $509,000 to $10,888,000. 18 Properties are listed over 1 million dollars. There are only 36 single family homes, condos and townhouses listed for sale in Gilroy, CA 95020. List price ranges from $408,500 to $2,900,000. 15 Properties are listed over 1 millio...
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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)
Current Inventory of Homes for week 3, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.5 Single family homes currently listed as short sales.17 Single family homes are currently overpriced.186 Is the average days on market of overpriced homes.60 Single family homes sold in the past 90 days.39 Single family homes in escrow (4 short sales).72 Single family homes listed for sale.$802,500 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 2, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.5 Single family homes currently listed as short sales.18 Single family homes are currently overpriced.189 Is the average days on market of overpriced homes.62 Single family homes sold in the past 90 days.42 Single family homes in escrow (4 short sales).77 Single family homes listed for sale.$815,000 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 1, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.4 Single family homes currently listed as short sales.19 Single family homes are currently overpriced.180 Is the average days on market of overpriced homes.60 Single family homes sold in the past 90 days.49 Single family homes in escrow (4 short sales).85 Single family homes listed for sale.$825,000 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 52, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.4 Single family homes currently listed as short sales.22 Single family homes are currently overpriced.173 Is the average days on market of overpriced homes.62 Single family homes sold in the past 90 days.48 Single family homes in escrow (4 short sales).91 Single family homes listed for sale.$808,500 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 51, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.5 Single family homes currently listed as short sales.22 Single family homes are currently overpriced.166 Is the average days on market of overpriced homes.65 Single family homes sold in the past 90 days.53 Single family homes in escrow (5 short sales).98 Single family homes listed for sale.$805,000 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 49, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.7 Single family homes currently listed as short sales.20 Single family homes are currently overpriced.163 Is the average days on market of overpriced homes.67 Single family homes sold in the past 90 days.52 Single family homes in escrow (7 short sales).104 Single family homes listed for sale.$760,000 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 48, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.7 Single family homes currently listed as short sales.25 Single family homes are currently overpriced.180 Is the average days on market of overpriced homes.61 Single family homes sold in the past 90 days.59 Single family homes in escrow (7 short sales).116 Single family homes listed for sale.$815,000 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 47, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.7 Single family homes currently listed as short sales.26 Single family homes are currently overpriced.169 Is the average days on market of overpriced homes.61 Single family homes sold in the past 90 days.62 Single family homes in escrow (7 short sales).124 Single family homes listed for sale.$812,000 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 46, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.4 Single family homes currently listed as short sales.29 Single family homes are currently overpriced.153 Is the average days on market of overpriced homes.62 Single family homes sold in the past 90 days.73 Single family homes in escrow (4 short sales).137 Single family homes listed for sale.$809,500 Median sale price for single family homes in past 90 days.
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By Sam Shueh, mba, cdpe, reopro, pe
( (408) 425-1601)
                                         Sam Shueh, mba, cdpe, reopro, pe                                                                          SamShuehRealtor@gmail.com four-o-eight 425-1601                                                                        your local realtor since 2005                                                    Total listings SFH =66(all regular sales)                                             Inventory: 1.8 month (2.5 month is healthy)                                             unemployment rate=4.3%                                                        Sold/Asked=101%                                                        Marketing time= 40 days                                                        Avg home(1300-2000 sf) *                        ...
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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)
Current Inventory of Homes for week 45, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.8 Single family homes currently listed as short sales.32 Single family homes are currently overpriced.151 Is the average days on market of overpriced homes.66 Single family homes sold in the past 90 days.67 Single family homes in escrow (8 short sales).138 Single family homes listed for sale.$792,475 Median sale price for single family homes in past 90 days.
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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)
Current Inventory of Homes for week 44, Morgan Hill, CA (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype;      0 Single family home currently listed as bank owned.7 Single family homes currently listed as short sales.31 Single family homes are currently overpriced.151 Is the average days on market of overpriced homes.73 Single family homes sold in the past 90 days.66 Single family homes in escrow (7 short sales).135 Single family homes listed for sale.$807,000 Median sale price for single family homes in past 90 days.
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By Sam Shueh, mba, cdpe, reopro, pe
( (408) 425-1601)
                                                                        Sam ShuehI was given the name Samuel by my parents which automatically qualify me as having a Jewish name. Over the years I have wore many hats.  This photo was taken last week in Jordan, Middle East.   I did not want to go to a 10 hour 90+ degree tour to visit Petra by hiking 3 miles from Obelisk Tomb to Al Khazna (Indiana Jones the Lost of the Ark).  I chose to hang around at the local market in the city of Aqaba (Lawrence of Arabia-T.J Lawrence). If you try it on you pay for it.  This robe is called thawb (thobe). It is a long garment which does not have splits for sitting down or bending. I assume one wears an oversize robe so he can work outdoors. I chose darker color as opposed to white as white garment will g...
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