Morgan Hill Housing Market Trends Through November 2013

By
Real Estate Agent with Alain Pinel Realtors CA BRE 01914367

Morgan Hill real estate - own a piece.

 

This blog post shows not only trends from September 2012 through November 2013 but also a hint at what's available to buy now.  I'd be delighted to tell you more when we get together!

 

 

Morgan Hill Homes For Sale vs. Sold vs. Pending (In Escrow)

Foresee Morgan Hill November 2013 Housing Trends

 

 

According to the MLS on 12/10/13, there are 64 homes for sale in Morgan Hill right now.  Here are the price ranges and how many homes are available.

0 Homes for sale
$0,000 - $500,000
7 Homes for sale
$500,001 - $700,000
24 Homes for sale
$700,001 - $1,000,000
15 Homes for sale
$1,000,001 and over

Call me to find out how you can make one your own.

 

 

A Closer Look at Average and Median Pricing

Foresee Morgan Hill November 2013 Real Estate Trends

Average and median sold home prices are positive in November 2013 over last November.  When studying trends, be sure to consider all the factors so you understand what is driving them.

 

 

Continuous Days on Market & List Price Performance

Foresee Morgan Hill November 2013 Housing Trends

In this view we consider how many days a home stays active on the market before an offer is accepted by the seller.  You'll also note the sales price compared to the original list price in a percentage. 

 

Some homes will remain on the market longer than others because of their situation.  Maybe they're located near the largest lost planet disposal site on earth (not here, by the way) - that can be a factor which would keep a home on the market longer.

 

Another factor is the original list price.  A properly priced home is likely to sell faster than one out of step with the market.

 

 

Morgan Hill Average Price Per Square Foot

Foresee Morgan Hill November 2013 Housing Trends

 

Average prices should be used as a rough yardstick in measuring value of homes unless each home is identical.  There are different locations, materials, styles and so many other factors that need to be considered. 

 

My free comparative market analysis (CMA) takes into account like properties and are specific to your situation.

 

 

Numbers behind the trends:

Foresee Morgan Hill November 2013 Housing Trends

 

All data is provided with input from MLS Listings and Trendgraphix, Inc. which includes copyrighted data and/or graphs and is provided here with permission.

 

If you have questions or if I can help you find the answers for your situation, please let me know.

 

As always, let's foresee the possibilities . . . and get results!

 

 

Posted by

 

WERC educational merlin falconIn case you're wondering what I do outside real estate, among other things, I'm a volunteer at the Wildlife Education and Rehabilitation Center (www.werc-ca.org).  There's something special about helping others whether people or wildlife that just makes me sleep better at night.

 

You'll find additional resources at my website aimed at helping you and loved ones find ideas and resources we can all use while going through life's journey.

 

Thank you for stopping by my blog and feel free to contact me if I can help you.

Comments (2)

Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Call Rebecca Foresee, the local expert, for Morgan Hill real estate.

Dec 12, 2013 12:13 AM
Rebecca Foresee
Alain Pinel Realtors - Morgan Hill, CA
Let's foresee the possibilities . and get results!

Hi Rebecca, I'll send anyone looking for Lewisburg real estate your way!  Thanks for stopping by to comment.

Dec 12, 2013 01:37 AM

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