Home > Morgan Hill Real Estate Market
Winter 2020 Market Update
Area is becoming more and more popular with the High Tech home buyers coming south from the Silicon Valley.
Average Sold Home Price: $975,000

Average Time on Market: 10-30 days

Best Selling Price Range: $900,000 - $949,000

Existing Home Prices for the past 90 days: Decreasing

Market Trend: Increasing

Buyer's or Seller's Market: Equal buyers and sellers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: Increasing

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 0-5%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Good Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Population Growth

Nearest Metro Area: San Jose

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Mortgage Rates for Feb 22nd, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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HouseHunt, Inc.
Specializing in Morgan Hill Real Estate
19671 Beach Blvd. Suite 206
Huntington Beach, California 92648
1-888-832-2244
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(Because current market conditions can change rapidly in any given marketplace,
please check with Top Agent for current Morgan Hill, CA market conditions before acting on this information.)
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