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Morgan Hill, Temecula CA, Market update, Sold first 2 weeks of January

By
Real Estate Agent with Real Estate Places CA BRE #01802964

Hello, and welcome to the new year. Here is a little something about the market. 

In Morgan Hill, Temecula CA, only 2 properties were sold in early January. Average price was $337, with 68 days on the market, and both were short sales. 

Both properties came in around 3000 square feet and had 4 bedrooms. 

 

Currently there are 25 active properties on the market in Morgan Hill, Temecula CA. About 8 of those are new construction advertised, and not ready to move in. Many are short sales and about 5 are bank owned. 

 

For more information, please contact me.