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Morgan Hill Home Prices & Real Estate Jul 2015

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 =79(1 distressed)

                                                             Inventory: 1.5 month (2.5 month is healthy)

                                                             unemployment rate=4.3%

                                                             Sold/Asked=100%+

                                                             marketing time= 13 days

                                                             Avg home(1300-2000 sf) *

                                                             $679K  (2015 Jul)        $644K(1 yr ago)         +5.5

                                                            $401/sf                           $365/sf                      +9.8%

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

  * size of homes are picked for most representative comparision neighborhood to the other

Comments(4)

Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

MH estates are the best bet. Homes 1.5 to 2 Mil are bargains right now (4000sf+)

They are not moving

 

Sam Shueh

Aug 17, 2015 02:30 AM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Those marketing times are amazing.  Hopefully more sellers will realize the time is now to take advantage of the hot market.

Aug 17, 2015 01:15 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

John Meussner 

This is just a rural town 15 miles out side of San Jose, CA.  Most high tech workers complain about commuting that far......

Wait I release the closer neighborhoods...

Sam Shueh

Aug 17, 2015 01:17 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

The price listed above does not include estates which comes with acreage and features making those live in $2 million dollars homes near San Jose by paying 1/2 for theirs in Morgan Hill.

Aug 18, 2015 05:24 AM