Silicon Valley Real Estate Sales for the Cities of Morgan Hill, San Martin & Gilroy Real Estate Housing Sales ~ Q3 2008 ~ Graphs & Stats

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The Q3 2008 Completed Sales Report for Morgan Hill Single-Family Homes saw a closing of 89 sales receiving 95.84% of list price. These closings represented a median price of $700,000 and an average price of $753,637. There were 241 new listings during Q3. Total Sales: $67,073,718

The Q3 2008 Completed Sales Report for San Martin Single-Family Homes saw a closing of 5 sales receiving 96.18% of list price. These closings represented a median price of $950,000 and average price of $1,191,000. There were 24 new listings during Q3. Total Sales: $5,955,000

The Q3 2008 Completed Sales Report for Gilroy Single-Family Homes saw a closing of 157 sales receiving 96.12% of list price. These closings represented a median price of $425,000 and an average price of $464,077. There were 315 new listings during Q3. Total Sales: $72,860,120

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Q3 2008~Morgan Hill Condos/Townhouses had 14 closed sales receiving 97.88% of list price. These closings represented a median price of $351,500 and an average price of $351,821. There were 30 new listings during Q3. Total Sales: $4,925,500

Q3 2008~Gilroy Condos/Townhouses had 5 closed sales receiving 93.01% of list price. These closings represented a median price of 325,000 and an average price of $328,600. There were 23 new listings during Q3. Total Sales: $1,643,000

Q3 2008~Single-Family Homes in Morgan Hill had an average of 101 days on market (DOM) and 134 cumulative days on market (CDOM). Condos/Townhouses had an average of 65 DOM and 91 CDOM.

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Q3 2008~Single-Family Homes in San Martin had an average of 104 DOM and CDOM.

Q3 2008~Single-Family Homes in Gilroy had an average of 77 DOM and 139 CDOM. Condos/Townhouses had an average of 102 DOM and 136 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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UncategorizedRyan Kapowich