Robert Whitelaw, Real Estate Broker - Morgan Hill, Los Gatos, Almaden, Blossom Valley, Gilroy - Morgan Hill - July 2008

Morgan Hill - July 2008 - Real Estate Market Analysis

Sunday, 10 August 2008

morganhill The summer season appears to be over for Morgan Hill. It arrived a little later than last year and July looks like it might just end up being the last we see of it.

Overall, the short term numbers are mildly encouraging. However, the year on year numbers do not paint an encouraging picture. We are clearly still feeling the down market and while we may be getting a hint of a "bottom" with some of our numbers, we are still facing an uphill battle.

Summary Of Comparable Properties
Single Family Residential

Address	City	Beds	Bath	DOM	CDOM	LOE	SqFt	$/SqFt	Lot(SqFt)	List Price	Age	Sale Price

SOLD
17098 Holiday Dr	Morgan Hill	4	3 1/2	11	11	71	3,954	$324.99	23,522	$1,299,500	6	$1,285,000
19082 Cheyenne Ct	Morgan Hill	5	3	97	97	36	2,753	$390.48	9,583	$1,117,000	10	$1,075,000
19080 Savannah Ct	Morgan Hill	5	3 1/2	46	46	24	3,342	$317.92	9,147	$1,150,000	10	$1,062,500
1443 Evening Star Pl	Morgan Hill	4	3 1/2	220	220	51	3,078	$333.01	9,154	$1,135,000	1	$1,025,000
1621 Avenida De Los Padres	Morgan Hill	4	3 1/2	131	131	112	3,577	$276.77	9,148	$1,100,000	1	$990,000
1520 Avenida De Los Padres	Morgan Hill	4	3	155	155	12	3,118	$312.7	6,982	$1,079,000		$975,000
1412 Evening Star Pl	Morgan Hill	5	3	41	249	30	2,753	$352.34	9,956	$1,079,000	1	$970,000
495 Maiden Spring Wy	Morgan Hill	5	4+	35	114	25	3,728	$253.49	6,534	$999,999	5	$945,000
15850 Sunnyside Av	Morgan Hill	4	4+	36	88	30	3,752	$235.77	42,688	$999,000		$884,592
18375 Serra Avenida	Morgan Hill	5	3	73	73	24	2,571	$334.5	7,405	$899,000	6	$860,000
17615 Lancia Dr	Morgan Hill	4	3	32	32	27	2,727	$311.7	8,276	$869,985	9	$850,000
17085 Copper Hill Dr	Morgan Hill	4	2 1/2	20	20	41	2,758	$271.94	20,473	$799,000	31	$750,000
381 Bryce Dr	Morgan Hill	4	2	127	127	8	1,994	$353.56	6,969	$729,950	11	$705,000
14708 Excaliber Dr	Morgan Hill	4	3	26	26	30	2,153	$325.13	5,662	$724,950	12	$700,000
15885 Jackson Oaks Dr	Morgan Hill	4	2 1/2	226	226	61	2,710	$254.58	15,246	$708,900	33	$689,900
17202 Tassajara Ci	Morgan Hill	4	3	13	13	30	2,180	$309.63	4,791	$699,000	20	$675,000
16245 Church St	Morgan Hill	4	2 1/2	84	84	43	2,075	$321.93	11,000	$686,900	18	$668,000
17750 Trumpp Ct	Morgan Hill	3	2 1/2	5	5	44	1,808	$359.51	6,048	$659,999	23	$650,000
820 Roble Dr	Morgan Hill	4	2	4	4	29	2,158	$291.94	7,840	$635,000	36	$630,000
18535 Del Monte Av	Morgan Hill	4	2	142	142	29	2,018	$279.98	9,600	$599,000	20	$565,000
2745 Fountain Oaks Dr	Morgan Hill	3	2	185	185		1,638	$341.88	9,300	$560,000	32	$560,000
146 Christine Lynn Dr	Morgan Hill	3	3	14	14	86	1,631	$342.73	7,405	$569,900	7	$559,000
18575 Old Monterey Rd	Morgan Hill	4	2	71	283	48	1,888	$278.07	7,839	$575,000	9	$525,000
550 Impala Ct	Morgan Hill	3	2	68	68	59	1,220	$409.84	7,405	$525,000	31	$500,000
17673 Peak Av	Morgan Hill	4	2	26	26	36	1,754	$285.06	7,000	$488,900	60	$500,000
1772 Pinecone Ct	Morgan Hill	2	2	197	197	71	1,280	$378.91	3,724	$485,000	17	$485,000
16953 Sugar Pine Dr	Morgan Hill	2	2	154	195	40	1,280	$366.41	3,724	$479,950	17	$469,000
42 W 1St St	Morgan Hill	2	1 1/2	59	59	32	1,088	$381.43	435	$429,950	12	$415,000
18555 Preservation Ct	Morgan Hill	3	2	286	286		1,468	$255.45	3,049	$359,999	23	$375,000

AVERAGE VALUES				89	110	42	2,360	$319.02	9,652	$773,927	17	$735,965


AVERAGE VALUES FOR ALL				89	110	42	2,360	$319.02	9,652	$773,927	17	$735,965