Gilroy Real Estate Market Continues Weakness in New Listings

Sales fell to 40 homes sold over the last 30 days in the Gilroy market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 19 for the same period. Prices are rising in Gilroy, and the median sales price this period increased from $641,000 to $643,000. In spite of the decrease in sales, a low one month of inventory signals that Gilroy is a definite seller's market.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Gilroy:

$1.8M   $2.2M   $1.2M  

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

Demographic facts for Gilroy:

  • The percentage of the population who rent their homes is 37.4%.
  • This area has a job growth projection of 34.4% for the next 10 years.
  • For every librarian there are 10,116 students in this area. (803 = national average)

Data reported through 1/11/2017

Comments:

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Intero Real Estate Services
Snapped 1 home in this area
Coldwell Banker
Snapped 30 homes in this area
Keller Williams Realty-Silicon Valley
Snapped 15 homes in this area

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