Silicon Valley Real Estate Report for Morgan Hill, San Martin & Gilroy ~ Zone 1 ~ Single-Family Homes in 2001 vs 2003 vs 2005 vs 2007

med6284.jpg By Ryan Kapowich

The 2007 Silicon Valley Real Estate Housing Sales Report for Gilroy, San Martin & Morgan Hill Single-Family Homes saw a closing of 672 sales receiving 97.53% of list price. These closings represented a median price of $785,000 and an average price of $873,910. There were 2,270 new listings reported to the MLS in 2007.

Total Sales: $587,267,785

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The 2005 Silicon Valley Real Estate Housing Sales Report for Gilroy, San Martin & Morgan Hill Single-Family Homes saw a closing of 1,358 sales receiving 99.48% of list price. These closings represented a median price of $745,000 and an average price of $837,780. There were 2,100 new listings reported to the MLS during 2005.

Total Sales: $1,137,705,966

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The 2003 Silicon Valley Real Estate Housing Sales Report for Gilroy, San Martin & Morgan Hill Single-Family Homes saw a closing of 1,323 sales receiving 97.72% of list price. These closings represented a median price of $530,000 and an average price of $583,066. There were 2,189 new listings reported to the MLS in 2003.

Total Sales: $771,397,605

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The 2001 Silicon Valley Real Estate Housing Sales Report for Gilroy, San Martin & Morgan Hill Single-Family Homes saw a closing of 737 sales receiving 96.88% of list price. These closings represented a median price of $479,000 and an average price of $576,632. There were 2,120 new listings reported to the MLS during 2001.

Total Sales: $424,977,971 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!

Pat Kapowich, "Negotiating Smooth Transactions Throughout The South Bay" SiliconValleyBroker.com

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