Morgan Hill Real Estate Market Extends Growth in Contracts

The Morgan Hill market was steady this week as sales remained at 34 homes over the prior 30 days, but the area is experiencing a confirmed upward trend of contracts closing, now up to 57. The median sales price climbed to $813,750, up from last week's $774,444. Despite the flat sales, a relatively low three months of inventory remaining indicates that Morgan Hill is a seller's market.

Trying to find a more traditional home in Morgan Hill? Then check out these listings that were built before most others in the market:

$1.2M   $849K   $849K  

Get started right now by checking out Morgan Hill homes for sale or reviewing Morgan Hill real estate trends.

Demographic facts for Morgan Hill:

  • The rating for this area for population growth is 63. (Scale: 1 = Worst, 100 = Best)
  • This area has 331.6 physicians per 100,000 people.
  • This area has a health cost index score of 118.4. (100 = national average)
  • Residents who travel to work by car account for 75.3% of all commuters, while carpools account for 11.3%, and public transit makes up 4.4%.

Data reported through 10/12/2016

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Coldwell Banker
Snapped 9 homes in this area
Keller Williams Realty-Silicon Valley
Snapped 39 homes in this area
Altas Realty
Snapped 8 homes in this area

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