New Downward Trend in New Listings for Gilroy Real Estate Market

With a confirmed downward trend of new sellers listing homes, including 43 over the last 30 days, and sales that remained flat at 41 in that same time frame, the Gilroy market will be cooling. Prices are rising in Gilroy, and the median sales price this period increased from $634,000 to $655,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that Gilroy is a definite seller's market.

You can be the one to discover a gem in Gilroy by checking out these new listings:

$699K   $725K   $669K  

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

Demographic facts about Gilroy:

  • This area has a median house value of $369,200.
  • The area gets an average of 57 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 9.1%.
  • There are 20.6 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Coldwell Banker
Snapped 30 homes in this area
Aldina Real Estate Company
Snapped 18 homes in this area
CSR Real Estate Services
Snapped 1 home in this area

Agents that specialize in this area
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