Morgan Hill, CA

Strong seller's market+5.0% YoY

Housing market overview · Updated weekly

$1.43Mmedian sale price

Homes sold

35

Last 12 weeks

Days on market

18

Fast-moving

Active listings

41

1.2 months supply

Sale-to-list

100.9%

Above asking

The Morgan Hill housing market is currently classified as a strong seller's market with a median sale price of $1.43M. Prices have risen 5.0% compared to last year, with homes spending an average of 18 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Morgan Hill

There are currently 41 homes listed for sale in Morgan Hill, California. The median listing price is $1.4M.

Active listings

41

Homes on market

Median list price

$1.4M

Avg. days on market

18

Days until sale

New this week

41

Newly listed

Price drops:19.5%of listings
Sale-to-list:100.9%

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Frequently asked questions

What is the average home price in Morgan Hill?

The median home sale price in Morgan Hill is $1.43M, up 5.0% from last year.

How long do homes stay on market in Morgan Hill?

Homes typically spend 18 days on market before going under contract.

Is Morgan Hill a buyer's or seller's market?

With 1.2 months of supply, Morgan Hill is currently a strong seller's market.

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