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Holiday Lake Estates : January - July 2009 Real Estate Market Activity Report

By
Real Estate Broker/Owner with Whitelaw & Sons Real Estate Services DRE# 00984909

Well, it is that time of year again and the latest numbers show that Holiday Lake Estates is finally seeing an increase in activity! In fact, the market has improved enough that I can start reporting these numbers quarterly, instead of every other quarter.

Prices have stabilized a bit, but are clearly off from our peak of about $1,100,000 when the market was at its highest. We have managed to sell some properties that had been on the market for a very extended period. Here are all the numbers for the first half of 2009.



January - July 2009, Real Estate Market Activity Report


Holiday Lake Estates - Single Family Residential Homes

 
AddressCityBedsBathDOMLOESqFt$/SqFtLot(SqFt)List PriceAgeSale Price
 
ACTIVE
 3441 Oak Ln  Morgan Hill  3  2 213   2,055  $681.27  20,000  $1,400,000  37     
 17405 Blue Jay Dr  Morgan Hill  3  2 102   2,500  $239.6  25,264  $599,000  31     
 
AVERAGE VALUES  158   2,278  $460.44  22,632  $999,500  34   
 
PENDING
 17480 Hoot Owl Wy  Morgan Hill  6+  3 62   4,518  $189.23  17,859  $854,950  55     
 17740 Manzanita Dr  Morgan Hill  3  2 16   2,400  $353.75  12,632  $849,000  33     
 17555 Manzanita Dr  Morgan Hill  4  3 1/2 44   3,319  $207.86  22,360  $689,900  32     
 17211 Lakeview Dr  Morgan Hill  3  3 49   2,328  $235.82  19,602  $549,000  33     
 
AVERAGE VALUES  43   3,141  $246.67  18,113  $735,713  38   
 
SOLD
 17564 Holiday Dr  Morgan Hill  4  3 1/2 185  35  3,596  $291.99  23,522  $1,175,000  36  $1,050,000  
 17151 Copper Hill Dr  Morgan Hill  5  2 1/2 22  27  2,600  $269.21  23,958  $699,950  42  $699,950  
 17071 Copper Hill Dr  Morgan Hill  4  2 1/2 138  50  2,640  $259.47  26,136  $738,900  35  $685,000  
 17451 Blue Jay Dr  Morgan Hill  4  3 120  53  2,302  $293.22  20,037  $759,900  32  $675,000  
 17401 Lakeview Dr  Morgan Hill  4  2 1/2 6  22  2,210  $287.33  20,037  $675,000  32  $635,000  
 17076 Shady Lane Dr  Morgan Hill  3  2 1/2 35  46  2,316  $272.38  34,848  $645,000  31  $630,830  
 17474 Lakeview Dr  Morgan Hill  5  3 136  32  3,412  $183.44  22,215  $639,900  35  $625,900  
 17525 Holiday Dr  Morgan Hill  3  2 290  60  1,724  $313.23  20,037  $574,900  34  $540,000  
 17109 Shady Lane Dr  Morgan Hill  2  1 1/2 289  35  1,274  $404.24  12,825  $499,999  52  $515,000  
 
AVERAGE VALUES  136  40  2,453  $286.06  22,624  $712,061  37  $672,964  
 
 
AVERAGE VALUES FOR ALL  114  40  2,613  $298.8  21,422  $756,693  37  $672,964  
 
Quick Statistics ( 15 Listings Total)
 MinMaxMedian
List Price$499,999$1,400,000$689,900
Sale Price$515,000$1,050,000$635,000
NOTE: This is a report of ALL real estate activity for the community noted above. No claim is made that Whitelaw and Sons Real Estate or its Agents and Brokers represented the buyers or sellers in any of the transactions listed.

** Information contained on this report is designed for accuracy but is not guaranteed **