fbpx
Whitelaw and Sons Real Estate Morgan Hill
Whitelaw and Sons Real Estate Morgan Hill

Morgan Hill Real Estate Market Report – September 2022

by Oct 27, 2022Market Analysis, Morgan Hill Market Reports0 comments

Written by Robert Whitelaw, Realtor®/Broker/Owner

Born and raised in Silicon Valley, Robert has helped clients successfully buy, sell and invest in real estate from Palo Alto to Gilroy and Los Gatos - and beyond! Robert rates his success on providing the highest level of value to his clients.

October 27, 2022

The Morgan Hill real estate market saw a big jump in the number of homes with reduced prices in September.

Sales Price.

While average sales price is up compared to the same time last year, it continues to be below the average list price. That price growth is slowing and if the market keeps the pace it is going now, prices will be dropping year over year soon!

Inventory Grows.

The trend of growing inventory for Morgan Hill real estate continues. As long as we keep selling fewer homes than we list, that inventory will just continue to grow.

What About Other Areas.

Santa Clara County.

For yet another month – I believe this makes it 3 months in a row – Santa Clara County real estate has seen a drop in average sales price year over year!

San Jose.

San Jose saw the one of the lowest increases in average sales price when compared to the same time last year – at a 3.6% increase.

Gilroy.

Gilroy is currently the standout with average sales prices in this city up by 18.3%! It could be a result of higher demand as buyers move to the more affordable markets.

 

Check Out The Last Show!

eviction moratorium

Eviction Moratorium – Fair Or Unfair?

Alameda County and San Francisco both extended the COVID related eviction moratorium. That is over two and a half YEARS that landlords have potentially gone without getting paid rent. Is that fair? What would be fair? In todays show, I want to hear back from you on what you think! I offer what I think makes sense, but that does not mean it is the only solution out there. So chime in and let me know what you think!

7 Tricks To Boost Your Home Sale Price!

7 Tricks To Boost Your Home Sale Price!

The market is shifting and now more than ever, if you want to maximize your home sale price, you need an advantage. That advantage can be found with a real estate professional who has experience getting the best price and terms for sellers, even in the worst markets to sell your home. In todays article, we run down some of the key ideas to help anyone get better results.

read more

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join to get access to the best information on our local real estate markets, important real estate news, insights, information and tips on how to realize your real estate goals!

You have Successfully Subscribed!

Pin It on Pinterest

Share This

Feel Like Sharing?

Share this with your friends and followers on social media!