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Gilroy Real Estate - December 23 Market Report

By
Real Estate Agent with Compass CalBRE# 01839597

Gilroy, California Real Estate Report 

This is a real estate update is for activity in Gilroy dated December 23, 2011. Inventory is down sharply and median list price is up too. The number of homes sold this month is up too.

Real Estate statistics for Single Family Homes in Gilroy are between $249,900 and $6,495,000 and include 17 homes priced for more than $1,000,000:

Gilroy homes for sale:

  • 100 homes are in Inventory (27 short sale and 14 bank-owned (REO))
    • Median home price $541.944
    • Price per square feet $290.03
    • Average days on market 132
    • Average size 2,769 square feet
    • Average age 29
  • 43 homes were added this month to inventory (14 short sale and 12 REO)
Gilroy homes in escrow ranging in price from $150,000 and $1,493,000:
  • total number of homes in escrow 188 (129 REO and 25 short sale)
    • Median home price $349,000
    • Price per square feet $184.92
    • Average days on market 103
    • Average size 2,058 square feet
    • Average age 29
  • 66 homes (33 short sale, 18 REO) went in contract this month: Gilroy homes sold, gilroy homes
Gilroy homes sold so far this month:
  • 49 homes sold so far this month (including 18 short sale and 14 REO: 
    • Median home price - List Price $405,003 Sold Price $399,861
    • Price per square feet $201.28
    • Average days on market 75
    • Average size 2,014 square feet
    • Average age 20
If you have any questions or are interested in homes in Gilroy contact your Gilroy Realtor.
Posted by

Professional & Ethical  ---  Getting Homes Staged, Sold & Closed!!!

Living in Morgan Hill

     GRI   CDPE - Certified Distressed Property Expert in Morgan Hill and Gilroy New Home CoBroker - Buying new construction

ASP san Jose, home staging san jose Certified short sale specialist san jose, short sale agent san jose, short sale gilroy gilroy real estate, morgan hill homes, gilroy homes, eagle ridge real estate, eagle ridge homes, golf course properties Facebook  Twitter More... 

Anja K. Kerstens
REALTOR®, GRI, CDPE, CHS, NHCB and ASP®
CalBRE#01839597 

COMPASS 

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Buy or Sell with your area specialist and REALTOR® getting homes sold faster.

 

Comments (2)

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Anja - Good, local real estate market report.  It's good to see inventory dropping and prices moving up.  Nicely done!

Dec 23, 2011 04:37 PM
Anja Kerstens, 669.270.8034
Compass - Morgan Hill, CA
GRI, NHCB, CDPE, CHS. Silicon Valley Homes

Thank you, Laura.  Sorry I missed you in Lake Tahoe. You live in a beautiful area especially this time of the year.  We enjoyed Lake Tahoe without all the snow.

Dec 23, 2011 07:11 PM