The Morgan Hill market slowed with an 8.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 37.6 monthly average with 34 homes sold. Meanwhile, close-by San Jose reported 472 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $732,500, up from last week's $720,000. With only one month of inventory to sell, Morgan Hill is a solid seller's market, in spite of the dip in sales.
You can be the one to discover a gem in Morgan Hill by checking out these new listings: