One home sold in Holiday Lake Estates in February. In this case, it took just over 90 days. Despite being a number higher than what we are used to, it is definately on par with what we are seeing in the overall real estate market.
In this particular case, it did not hurt that the home which sold was below the 1 million mark. Another home is in contract in February, and it too is under the 1 million dollar mark.
Other properties that are over 1 million are on the market, but they have not been active long enough to yet say anything definitive about what this most recent data might hold for their prospects of selling quickly. Read on for all the details.
Frankly, there is not much here that can help us decide what direction the market is heading.
We are seeing a normal number of homes active in the month of February. None of the currently listed pieces of real estate have been on the market for a particularly long time.
We did see one home removed from the market after 17 days. In fact, this continues a relatively new trend where homes appear on the market for a few weeks then are removed. All these properties tend to be over the 1 million mark and also tend to be priced a bit higher than the market seems to support. One guess here would be that these are more speculative sellers, trying to see if they can get their price in the current market. Clearly, if that is the case, they are not getting the answer they want.
Take a look at the numbers below for the latest info on what happened in real estate in Holiday Lake Estates in February.
Summary Of Market Activty for Holiday Lake Estates | | Single Family Residential | | | | Address | City | Beds | Baths | DOM | CDOM | LOE | SqFt | $/SqFt | Lot(SqFt) | List Price | Age | Sale Price | | | | ACTIVE | | 17541 Holiday Dr | Morgan Hill | 4 | 2½ | 53 | 53 | | 3,161 | $372.98 | 20,037 | $1,179,000 | 19 | | | 2831 Holiday Ct | Morgan Hill | 5 | 4+ | 37 | 37 | | 5,036 | $296.86 | 22,215 | $1,495,000 | 14 | | | | | AVERAGE VALUES | | | 45 | 45 | | 4,099 | $334.92 | 21,126 | $1,337,000 | 17 | | | | | PENDING | | 17048 Shady Lane Dr | Morgan Hill | 3 | 2 | 38 | 38 | | 2,014 | $431.95 | 26,136 | $869,950 | 39 | | | | | AVERAGE VALUES | | | 38 | 38 | | 2,014 | $431.95 | 26,136 | $869,950 | 39 | | | | | SOLD | | 17010 Holiday Dr | Morgan Hill | 4 | 3 | 91 | 212 | 53 | 2,827 | $298.55 | 20,908 | $859,000 | 30 | $844,000 | | | | AVERAGE VALUES | | | 91 | 212 | 53 | 2,827 | $298.55 | 20,908 | $859,000 | 30 | $844,000 | | | | CANCELLED | | 17106 Shady Lane Dr | Morgan Hill | 4 | 4+ | 17 | 17 | | 4,459 | $268.89 | 27,007 | $1,199,000 | 21 | | | | | AVERAGE VALUES | | | 17 | 17 | | 4,459 | $268.89 | 27,007 | $1,199,000 | 21 | | | | | | | AVERAGE VALUES FOR ALL | | | 47 | 71 | 53 | 3,499 | $333.85 | 23,261 | $1,120,390 | 25 | $844,000 | | |
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| Quick Statistics ( 5 Listings Total) | | | Min | Max | Median | | List Price | $859,000 | $1,495,000 | $1,179,000 | | Sale Price | $844,000 | $844,000 | $844,000 |
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| ** Information contained on this report is designed for accuracy but is not guaranteed ** |
| | |  | 17541 HOLIDAY DR, MORGAN HILL (Morgan Hill) | MLS: 705265 | DOM: 53 | CDOM: 53 |
|  | | Area: | Morgan Hill / Gilroy / San Martin (Area 1) | | Bed/Bath: | 4/2½ | Age: | 19 years | | SqFt: | 3,161 | Lot: | 0.46 ac |
| | Pricing/Dates | | List : | $1,179,000 | | 02/02/2007 | | Original : | $1,179,000 | | 02/02/2007 | | | | | |
| | Remarks | | Custom built home in Holiday Lake Estates; park-like setting, only 19 yrs old Extra large bdrms, mstr suite with sitting area and fireplace/spa; grt flr pln Gracious 2 story entry; lrg kitchen; gorgeous family rm views & fireplace |
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| | Property Features | Type
Detached Single Family
Familyroom/Informal Dining Area
Breakfast Nook | Formal Dining Area
Separate Dining Room
Fireplace
Fireplace
Pool Options
-- | Cooling
No Cooling
Heating
Gas Heat
Central Forced Air Heat | View
Neighborhood View
Lake View
Garage/Parking
3 or More Car Garage
Attached Parking |
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| | Schools/Districts | | Elem: | --/ Morgan Hill Unified | | Middle: | -- | | High: | --/ Morgan Hill Unified |
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| | Listing Courtesy of Dennis O'Malley, Intero Real Estate Services |
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| | | | 2831 HOLIDAY CT, MORGAN HILL (Morgan Hill) | MLS: 708107 | DOM: 37 | CDOM: 37 |
|  | | Area: | Morgan Hill / Gilroy / San Martin (Area 1) | | Bed/Bath: | 5/4+ | Age: | 14 years | | SqFt: | 5,036 | Lot: | 0.51 ac |
| | Pricing/Dates | | List : | $1,495,000 | | 02/18/2007 | | Original : | $1,795,000 | | 02/18/2007 | | | | | |
| | Remarks | | FABULOUS CASTLE HOME W/SOARING CEILINGS & EXTENSIVE CROWN MOLDING. TRUE CUSTOM BUILD, LARGE KITCHEN W/GRANITE CHEF ISLAND & B'FAST BAR. GRACED W/VIEWS FROM A LOVELY MSTR SUITE, SITTING AREA & MARBLE BATH, WALK-INS, LG OFFICE, DR,LR, WOW |
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| | Property Features | Type
Detached Single Family
Familyroom/Informal Dining Area
Separate Family Room | Formal Dining Area
Separate Dining Room
Fireplace
Fireplace
Pool Options
Possible Pool Site | Cooling
Central Air Conditioning
Heating
Gas Heat
Central Forced Air Heat | View
Neighborhood View
Lake View
Garage/Parking
3 or More Car Garage
Attached Parking |
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| | Schools/Districts | | Elem: | --/ Morgan Hill Unified | | Middle: | -- | | High: | --/ Morgan Hill Unified |
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| | Listing Courtesy of Shaun Steffani, In Residential Brokerage |
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| | |  | 17048 SHADY LANE DR, MORGAN HILL (Morgan Hill) | MLS: 703036 | DOM: 38 | CDOM: 38 |
|  | | Area: | Morgan Hill / Gilroy / San Martin (Area 1) | | Bed/Bath: | 3/2 | Age: | 39 years | | SqFt: | 2,014 | Lot: | 26,136 sq ft |
| | Pricing/Dates | | List : | $869,950 | | 01/20/2007 | | Original : | $869,950 | | 01/20/2007 | | Sale: | | | 02/27/2007 |
| | Remarks | | Large, open, light & bright custom floor plan w/ vaulted ceilings & floor to ceiling windows overlooking a very secluded park like yard with mature oaks & your own private stream. All bedrooms overlook deck w/ beautiful wooded views |
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| | Property Features | Type
Detached Single Family
Familyroom/Informal Dining Area
Separate Family Room | Formal Dining Area
Separate Dining Room
Fireplace
Fireplace
Pool Options
-- | Cooling
Central Air Conditioning
Heating
Gas Heat
Central Forced Air Heat | View
View of Mountains
Garage/Parking
2 Car Garage
Attached Parking |
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| | Schools/Districts | | Elem: | --/ Morgan Hill Unified | | Middle: | -- | | High: | --/ Morgan Hill Unified |
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| | Listing Courtesy of DAVID MARTZ, Intero Real Estate Services |
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| | ** Information contained on this report is designed for accuracy but is not guaranteed ** |
| | |  | 17010 HOLIDAY DR, MORGAN HILL (Morgan Hill) | MLS: 662806 | DOM: 91 | CDOM: 212 |
|  | | Area: | Morgan Hill / Gilroy / San Martin (Area 1) | | Bed/Bath: | 4/3 | Age: | 30 years | | SqFt: | 2,827 | Lot: | 20,908 sq ft |
| | Pricing/Dates | | List : | $859,000 | | 10/06/2006 | | Original : | $859,000 | | 10/06/2006 | | Sale: | $844,000 | | 01/05/2007 |
| | Remarks | | QUALITY CUSTOM IN PICTURESQUE HOLIDAY LAKE ESTATES W/BABBLING BROOK & WILDLIFE SINGLE LEVEL LIVING W/HUGE OFFICE OR GAME ROOM & 3/4 BATH UPSTAIRS! NEW CRPTS! LARGE WORKSHOP UNDER REAR DECK * FLAT 1/2 AC*DUAL PANE WINDOWS * 6 PNL DRS! |
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| | Property Features | Type
Detached Single Family
Familyroom/Informal Dining Area
Separate Family Room | Formal Dining Area
Dining "L"
Fireplace
Fireplace
Pool Options
-- | Cooling
Central Air Conditioning
Heating
Gas Heat
Central Forced Air Heat | View
Neighborhood View
View of Mountains
Garage/Parking
3 or More Car Garage
Attached Parking |
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| | Schools/Districts | | Elem: | --/ Morgan Hill Unified | | Middle: | -- | | High: | --/ Morgan Hill Unified |
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| | |  | 17106 SHADY LANE DR, MORGAN HILL (Morgan Hill) | MLS: 706706 | DOM: 17 | CDOM: 17 |
|  | | Area: | Morgan Hill / Gilroy / San Martin (Area 1) | | Bed/Bath: | 4/4+ | Age: | 21 years | | SqFt: | 4,459 | Lot: | 27,007 sq ft |
| | Pricing/Dates | | List : | $1,199,000 | | 02/09/2007 | | Original : | $1,199,000 | | 02/09/2007 | | Cancelled: | | | 02/26/2007 |
| | Remarks | | Gorgeous 4 level home with 4beds, 4.5 baths, separate 900sq ft apartment with new kit. RIGHT ON THE LAKE!, hwd floors on most levels, huge great room, 3 FP LAKE VIEWS!! decks wrap around all levels, hot tub, $1500 rent |
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| | Property Features | Type
Detached Single Family
Familyroom/Informal Dining Area
Separate Family Room | Formal Dining Area
No Formal Dining Area
Fireplace
Fireplace
Pool Options
-- | Cooling
Central Air Conditioning
Heating
Electric Heat
Central Forced Air Heat | View
Lake View
View of Mountains
Garage/Parking
2 Car Garage
Attached Parking |
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| | Schools/Districts | | Elem: | --/ Morgan Hill Unified | | Middle: | -- | | High: | --/ Morgan Hill Unified |
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| | Listing Courtesy of LARRY GOODROW, Century 21-premier |
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| ** Information contained on this report is designed for accuracy but is not guaranteed ** |
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