by Ryan Kapowich
The December 2008 Completed Sales Report for Morgan Hill Single-Family Homes saw a closing of 34 sales receiving 96.49% of list price. These closings represented a median price of $622,000 and an average price of $657,083. There were 47 new listings during December.
Total Sales: $22,340,838
The December 2008 Completed Sales Report for San Martin Single-Family Homes saw a closing of 4 sale receiving 97.41% of list price. These closings represented a median and average price of $740,500. There were 6 new listings during December.
Total Sales: $3,145,901
The December 2008 Completed Sales Report for Gilroy Single-Family Homes saw a closing of 43 sales receiving 96.55% of list price. These closings represented a median price of $387,500 and an average price of $453,757. There were 61 new listings during December.
Total Sales: $19,511,553
December 2008~Morgan Hill Condos/Townhouses had 5 closed sales receiving 95.39% of list price. These closings represented a median price of $340,000 and an average price of $325,800. There were 2 new listings during December.
Total Sales: $1,629,000
December 2008~Gilroy Condos/Townhouses had 4 closed sales receiving 92.5% of list price. These closings represented a median price of $207,500 and an average price of $191,875. There were 7 new listings during December.
Total Sales: $767,500
December 2008~Single-Family Homes in Morgan Hill had an average of 106 days on market (DOM) and 121 cumulative days on market (CDOM). Condos/Townhouses had an average of 42 DOM and 82 CDOM.
December 2008~Single-Family Homes in San Martin had an average of 29 DOM and CDOM.
December 2008~Single-Family Homes in Gilroy had an average of 58 DOM and 108 CDOM. Condos/Townhouses had an average of 75 DOM and 127 CDOM.
KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR), the Silicon Valley
Association of Realtors, (SILVAR), and the Santa Clara County
Association of Realtors, (SCCAOR). Not the least of which is
their statistical information on real estate transactions.
We love this stuff!
Pat Kapowich,
Real Estate Broker, ABR, CRS, GRI, SRES
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com
