by Ryan Kapowich

The April 2009 Completed Sales Report for Morgan Hill Single-Family Homes saw a closing of 32 sales receiving 96.71% of list price. These closings represented a median price of $581,000 and an average price of $628,621. There were 58 new listings during April.
Total Sales: $22,728,411

The April 2009 Completed Sales Report for San Martin Single-Family Homes saw a closing of 4 sales receiving 98.77% of list price. These closings represented a median and average price of $590,000. There were 6 new listings during April.
Total Sales: $2,479,000

The April 2009 Completed Sales Report for Gilroy Single-Family Homes saw a closing of 58 sales receiving 96.31% of list price. These closings represented a median price of $374,000 and an average price of $423,718. There were 73 new listings during April.
Total Sales: $24,575,675

April 2009 ~Morgan Hill Condos/Townhouses had 4 closed sales receiving 98.40% of list price. These closings represented a median price of $289,500 and an average price of $297,250. There were 7 new listings during April.
Total Sales: $1,189,000

April 2009 ~Gilroy Condos/Townhouses had 7 closed sales receiving 96.42% of list price. These closings represented a median price and an average price of $222,000. There were 4 new listings during April.
Total Sales: $1,502,799

April 2009 ~Single-Family Homes in Morgan Hill had an average of 96 days on market (DOM) and 181 cumulative days on market (CDOM). Condos/Townhouses had an average of 52 DOM and 117 CDOM.

April 2009 ~Single-Family Homes in San Martin had an average of 141 DOM and CDOM.

April 2009 ~Single-Family Homes in Gilroy had an average of 58 DOM and 72 CDOM. Condos/Townhouses had an average of 4 DOM and 52 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.

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