The month of may did not see as much action as some might have hoped. We have a record number of homes available in the month of May, but not enough sales to really put a dent in the inventory.

 On the upside, it was like the good old days as far as the days on market for this months sold homes. Both homes sold in under a month. The homes are very comparable and price appears to have played a large part in the sellers ability to get the homes sold as quickly as possible.

We can start off by looking at the list of homes below that sold in May of 2007 in Holiday Lake Estates.

 The good news is that both of these sellers were able to get their homes sold in a relatively short period of time. Despite nearly a dozen homes remaining in the market, these two properties sold in record time.

The properties were very comparable with similar home and lot sizes, same number of beds and baths and are of about the same age.

It would appear that aggressive pricing really drew the attention of the short supply of buyers for the Blue Jay property. As we have seen in past months, homes priced below $1 Million are getting off the market more quickly. 

Don't forget to scroll past this data to get more info on homes that were taken off the Holiday Lake Estates market in May of 2007. 

17215 QUAIL CT, MORGAN HILL 95037 (Morgan Hill) MLS: 709515   DOM: 27  CDOM: 27  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 4 / 2 1/2 Age: 30 years SqFt: 2,986 Lot: 28,887 sq ft Pricing/Dates List : $1,199,000   02/27/2007 Original : $1,199,000   02/27/2007 OffMktDate: 05/02/2007 Sale: $1,166,000   03/26/2007 Remarks New Everything, tri level with new roof, siding, windows, floors, kitchen, baths, electrical, plumbing, pebbletech pool, hot tub, 3/4 acre lot mostly allelegant master suite usable, rear road for RV/Boat parking, Lake views galore Property Features Familyroom Separate Family Room Informal Dining Area Eat in Kitchen Formal Dining Area No Formal Dining Area Pool Options Gas Heated Pool Garage/Parking 2 Car Garage     17418 BLUE JAY CT, MORGAN HILL 95037 (Morgan Hill) MLS: 717014   DOM: 10  CDOM: 10  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 4 / 2 1/2 Age: 29 years SqFt: 3,089 Lot: 30,056 sq ft Pricing/Dates List : $949,500   04/03/2007 Original : $949,500   04/03/2007 OffMktDate: 05/16/2007 Sale: $920,000   04/13/2007 Remarks Pls call 2hrs b4 showing. Gr8t opportunity for this unique home w/views of Lake Anderson. Note 6 windows being replaced. Remodeld Kitchen; New Int & Ext Paint; H2O heater; and Roof. Possible workshop at rear of home Property Features Familyroom Family Room Kitchen Informal Dining Area     -- Formal Dining Area Separate Dining Room Pool Options     -- Garage/Parking 2 Car Garage

** Information contained on this report is designed for accuracy but is not guaranteed **

OFF THE MARKET

One home was canceled in the month of May. After 152 days on the market, the homeowner apparently decided it was time to take the property off the market. (Note: This property was then relisted 1 month later with a new real estate office.)

3205 LORI DR, MORGAN HILL 95037 (Morgan Hill) MLS: 672394   DOM: 152  CDOM: 152  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 4 / 3 Age: 7 years SqFt: 3,527 Lot: 1.34 ac Pricing/Dates List : $1,570,000   12/14/2006 Original : $1,570,000   12/14/2006 OffMktDate: 05/15/2007 Cancelled:     05/15/2007 Remarks Custom Home in Holiday Lake Estates: Gourmet ktchn; granite cntrs; mapl cabntsmarble & hrdwd flrs; cntral vac; 3 frplcs; privat drivewy; 2-way frplc, Jacuzistyle tub in Mstr bed/ba. 50" plasma TV & Bose Surround Sound Syst included! Property Features Familyroom Separate Family Room Informal Dining Area Breakfast Nook Formal Dining Area Separate Dining Room Pool Options     -- Garage/Parking 3 or More Car Garage Listed By Cheryl Fletcher, Hometeam California

** Information contained on this report is designed for accuracy but is not guaranteed **

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