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Should you invest in condominiums or townhomes in Gilroy, California?

By
Real Estate Agent with Compass CalBRE# 01839597

Should you invest in condominiums or townhomes in Gilroy, California?

Snapshot of the Real Estate market in Gilroy for condos and townhouses, including new construction:

15 active townhouses ranging in price from $275,000 to $325,000

  • average days on market 42
  • median list price $275,000
  • average size 1,564 square feet 
  • average list price $298,333
15 condos and townhouses are currently in escrow ranging in list price from $139,000 to $399,000
  • average days on market is 102
  • median list price $278,000
  • average size 1,429 square feet
  • average list price $287,733
2 townhouses and condominiums sold during March ranging in list price from $290,000 to $329,900 and sale price of $345,000.
  • average days on market is 6
  • median list price is $309,950
  • median sale price is $345,000
  • average size 1,663 square feet
Search townhomes or condos in Gilroy.
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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 (1)

Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Anja, nice analysis of the condo and townhouse market in Gilroy, CA.  Looks like prices are definitely going up.

Apr 05, 2013 12:50 AM