The December 2007 Completed Sales Report for Morgan Hill Single-Family
Homes saw a closing of 24 sales receiving 96.04% of list price. These
closings represented a median price of $812,000 and an average price
of $876,375. There were 42 new listings for the month of December.
Total Sales: $21,033,000

vs

The December 2006 Completed Sales Report for Morgan Hill Single-Family
Homes saw a closing of 46 sales receiving 97.63% of list price. These
closings represented a median price of $790,000 and an average price
of $876,858. There were 18 new listings for the month of December.
Total Sales: $42,966.067

2007~Morgan Hill Condos/Townhouses had 1 closed sales receiving 90.13%
of list price. These closings represented a median price and an average price
of $420,000. There were sixteen new listings for the month of December.
Total Sales: $420,000

vs

2006~Morgan Hill Condos/Townhouses had 5 closed sales receiving 100.22% of
list price. These closings represented a median price of $495,000 and
an average price of $471,977. There were 5 new listings for the
month of December.

Total Sales: $2,359,888

2007~Single-family homes in Morgan Hill had an average of 78 days on
market (DOM) and 149 cumulative days on market (CDOM).
Condos/Townhouses had an average of 182 DOM and 416 CDOM.

vs
2006~Single-family homes in Morgan Hill had an average of 67 days on
market (DOM) and 103 cumulative days on market (CDOM).
Condos/Townhouses had an average of 64 DOM
and 133 CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of
Silicon Valley Association of Realtors and Santa Clara County
Association of Realtors which partly supports MLSListings,
a Multiple Listing Service (MLS). MLSListings, also maintains
statistics on real estate transactions for Santa Clara County
and San Mateo County. We love this stuff!

Pat Kapowich,
Real Estate Broker, ABR, CRS, GRI, SRES
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com