One home sold in Holiday Lake Estates in February. In this case, it took just over 90 days. Despite being a number higher than what we are used to, it is definately on par with what we are seeing in the overall real estate market.

In this particular case, it did not hurt that the home which sold was below the 1 million mark. Another home is in contract in February, and it too is under the 1 million dollar mark.

Other properties that are over 1 million  are on the market, but they have not been active long enough to yet say anything definitive about what this most recent data might hold for their prospects of selling quickly. Read on for all the details.

Frankly, there is not much here that can help us decide what direction the market is heading.

We are seeing a normal number of homes active in the month of February. None of the currently listed pieces of real estate have been on the market for a particularly long time.

We did see one home removed from the market after 17 days. In fact, this continues a relatively new trend where homes appear on the market for a few weeks then are removed. All these properties tend to be over the 1 million mark and also tend to be priced a bit higher than the market seems to support. One guess here would be that these are more speculative sellers, trying to see if they can get their price in the current market. Clearly, if that is the case, they are not getting the answer they want.

Take a look at the numbers below for the latest info on what happened in real estate in Holiday Lake Estates in February. 

17541 HOLIDAY DR, MORGAN HILL (Morgan Hill) MLS: 705265   DOM: 53  CDOM: 53  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 4/2½ Age: 19 years SqFt: 3,161 Lot: 0.46 ac Pricing/Dates List : $1,179,000   02/02/2007 Original : $1,179,000   02/02/2007         Remarks Custom built home in Holiday Lake Estates; park-like setting, only 19 yrs old Extra large bdrms, mstr suite with sitting area and fireplace/spa; grt flr pln Gracious 2 story entry; lrg kitchen; gorgeous family rm views & fireplace Property Features Type Detached Single Family Familyroom/Informal Dining Area Breakfast Nook Formal Dining Area Separate Dining Room Fireplace Fireplace Pool Options     -- Cooling No Cooling Heating Gas Heat Central Forced Air Heat View Neighborhood View Lake View Garage/Parking 3 or More Car Garage Attached Parking Schools/Districts Elem: --/ Morgan Hill Unified Middle: -- High: --/ Morgan Hill Unified Listing Courtesy of Dennis O'Malley, Intero Real Estate Services     2831 HOLIDAY CT, MORGAN HILL (Morgan Hill) MLS: 708107   DOM: 37  CDOM: 37  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 5/4+ Age: 14 years SqFt: 5,036 Lot: 0.51 ac Pricing/Dates List : $1,495,000   02/18/2007 Original : $1,795,000   02/18/2007         Remarks FABULOUS CASTLE HOME W/SOARING CEILINGS & EXTENSIVE CROWN MOLDING. TRUE CUSTOM BUILD, LARGE KITCHEN W/GRANITE CHEF ISLAND & B'FAST BAR. GRACED W/VIEWS FROM A LOVELY MSTR SUITE, SITTING AREA & MARBLE BATH, WALK-INS, LG OFFICE, DR,LR, WOW Property Features Type Detached Single Family Familyroom/Informal Dining Area Separate Family Room Formal Dining Area Separate Dining Room Fireplace Fireplace Pool Options Possible Pool Site Cooling Central Air Conditioning Heating Gas Heat Central Forced Air Heat View Neighborhood View Lake View Garage/Parking 3 or More Car Garage Attached Parking Schools/Districts Elem: --/ Morgan Hill Unified Middle: -- High: --/ Morgan Hill Unified Listing Courtesy of Shaun Steffani, In Residential Brokerage     17048 SHADY LANE DR, MORGAN HILL (Morgan Hill) MLS: 703036   DOM: 38  CDOM: 38  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 3/2 Age: 39 years SqFt: 2,014 Lot: 26,136 sq ft Pricing/Dates List : $869,950   01/20/2007 Original : $869,950   01/20/2007 Sale:     02/27/2007 Remarks Large, open, light & bright custom floor plan w/ vaulted ceilings & floor to ceiling windows overlooking a very secluded park like yard with mature oaks & your own private stream. All bedrooms overlook deck w/ beautiful wooded views Property Features Type Detached Single Family Familyroom/Informal Dining Area Separate Family Room Formal Dining Area Separate Dining Room Fireplace Fireplace Pool Options     -- Cooling Central Air Conditioning Heating Gas Heat Central Forced Air Heat View View of Mountains Garage/Parking 2 Car Garage Attached Parking Schools/Districts Elem: --/ Morgan Hill Unified Middle: -- High: --/ Morgan Hill Unified Listing Courtesy of DAVID MARTZ, Intero Real Estate Services ** Information contained on this report is designed for accuracy but is not guaranteed **     17010 HOLIDAY DR, MORGAN HILL (Morgan Hill) MLS: 662806   DOM: 91  CDOM: 212  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 4/3 Age: 30 years SqFt: 2,827 Lot: 20,908 sq ft Pricing/Dates List : $859,000   10/06/2006 Original : $859,000   10/06/2006 Sale: $844,000   01/05/2007 Remarks QUALITY CUSTOM IN PICTURESQUE HOLIDAY LAKE ESTATES W/BABBLING BROOK & WILDLIFE SINGLE LEVEL LIVING W/HUGE OFFICE OR GAME ROOM & 3/4 BATH UPSTAIRS! NEW CRPTS! LARGE WORKSHOP UNDER REAR DECK * FLAT 1/2 AC*DUAL PANE WINDOWS * 6 PNL DRS! Property Features Type Detached Single Family Familyroom/Informal Dining Area Separate Family Room Formal Dining Area Dining "L" Fireplace Fireplace Pool Options     -- Cooling Central Air Conditioning Heating Gas Heat Central Forced Air Heat View Neighborhood View View of Mountains Garage/Parking 3 or More Car Garage Attached Parking Schools/Districts Elem: --/ Morgan Hill Unified Middle: -- High: --/ Morgan Hill Unified     17106 SHADY LANE DR, MORGAN HILL (Morgan Hill) MLS: 706706   DOM: 17  CDOM: 17  Property Overview Area: Morgan Hill / Gilroy / San Martin (Area 1) Bed/Bath: 4/4+ Age: 21 years SqFt: 4,459 Lot: 27,007 sq ft Pricing/Dates List : $1,199,000   02/09/2007 Original : $1,199,000   02/09/2007 Cancelled:     02/26/2007 Remarks Gorgeous 4 level home with 4beds, 4.5 baths, separate 900sq ft apartment with new kit. RIGHT ON THE LAKE!, hwd floors on most levels, huge great room, 3 FP LAKE VIEWS!! decks wrap around all levels, hot tub, $1500 rent Property Features Type Detached Single Family Familyroom/Informal Dining Area Separate Family Room Formal Dining Area No Formal Dining Area Fireplace Fireplace Pool Options     -- Cooling Central Air Conditioning Heating Electric Heat Central Forced Air Heat View Lake View View of Mountains Garage/Parking 2 Car Garage Attached Parking Schools/Districts Elem: --/ Morgan Hill Unified Middle: -- High: --/ Morgan Hill Unified Listing Courtesy of LARRY GOODROW, Century 21-premier

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

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