Special offer

Gilroy, CA- October 2015 real estate home prices

By
Real Estate Agent with (408) 425-1601 CA bre 1519182

                                       Sam Shuehmba, cdpe, reopro, pe       

                                                         SamShuehRealtor@gmail.com four-o-eight 425-1601

                                                                    your local realtor since 2005

 

                                                   Total listings SFH =103(6 distressed home sales)

                                             Inventory: 2.1 month (2.5 month is healthy)

                                                 unemployment rate=5.1%

                                                        Sold/Asked=101.5%

                                                        Marketing time= 47 days

                                                        Avg home(1300-2000 sf) *

                                           $613K  (2015 Oct)      $530K(1 yr ago)     +15.7%

                                           $373/sf                         $312/sf                    +19.5%

 

            

 1920s Monterey Road, 5th street -post card

   If you're thinking of buying or selling your home, call Sam Shueh at FOUR-O-EIGHT 408-425-1601 

 

Comments(2)

Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Sam, that is a very concise market report with a lot of good information.

Nov 13, 2015 10:51 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

We have more inventory now.

$613K for an average used home is relatively low compared to San Jose(Silicon Valley).

Nov 13, 2015 10:56 AM