March 2009 has been and continues to be a busy month for Gilroy Real Estate.
This has been an amazing month in terms of sales here in the desirable community of Eagle Ridge, in Gilroy, California. We have three more days to go but the numbers are in. Inventory is down to 20 single family homes from 38 just at the beginning of this month!
This is very eencouraging news for those homeowners who have seen the values of their homes drop sharply. When inventory is down prices tend to increase.
Eagle Ridge is a very desirable golf course community in the Gavilan foothills. It has a homeowners association and is governed by CC&Rs. The community has two nice parks; the main park offers tennis courts, a junior olympic sized pool, club house, basketball courts and play structures. The use of solar panels to heat the pool keeps the cost of operating the pool down.
Eagle Ridge is a only a short distance from the hustle and bustle of San Jose and its tranquility attracts many buyers from the Bay area.
Contact me if you are interested in a home in Eagle Ridge; I will be happy to assist you.
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