December/2007 vs December/2006 ~ Morgan Hill Real Estate Housing Sales ~ Graphs & Stats

lw4n6581.jpg 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

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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

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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

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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

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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.

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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!

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

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UncategorizedPat Kapowich