Silicon Valley Real Estate Sales for the Cities of Morgan Hill, San Martin & Gilroy Real Estate Housing Sales ~ Q2/2008 Graphs & Stats

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by Ryan Kapowich

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The Q2/2008 Completed Sales Report for Morgan Hill Single-Family Homes saw a closing of 81 sales receiving 95.47% of list price. These closings represented a median price of $710,000 and an average price of $784,183. There were 245 new listings during Q2.
Total Sales: $63,518,859

The Q2/2008 Completed Sales Report for San Martin Single-Family Homes saw a closing of 8 sales receiving 95.63% of list price. These closings represented a median and average price of $1,012,475. There were 27 new listings during Q2.
Total Sales: $8,994,950

The Q2/2008 Completed Sales Report for Gilroy Single-Family Homes saw a closing of 126 sales receiving 96.53% of list price. These closings represented a median price of $530,500 and an average price of $593,999. There were 352 new listings during Q2.
Total Sales: $74,843,947

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Q2/2008~Morgan Hill Condos/Townhouses had 9 closed sales receiving 97.01% of list price. These closings represented a median price of $373,900 and an average price of $369,793. There were 22 new listings during Q2.
Total Sales: $3,328,140

Q2/2008~Gilroy Condos/Townhouses had 2 closed sales receiving 96.66% of list price. These closings represented a median price and an average price of $267,500. There were 26 new listings during Q2.
Total Sales: $535,000

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Q2/2008~Single-Family Homes in Morgan Hill had an average of 74 days on market (DOM) and 108 cumulative days on market (CDOM). Condos/Townhouses had an average of 69 DOM and 151 CDOM.

Q2/2008~Single-Family Homes in San Martin had an average of 172 DOM and 247 CDOM.

Q2/2008~Single-Family Homes in Gilroy had an average of 86 DOM and 115 CDOM. Condos/Townhouses had an average of 76 DOM and 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

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