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

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The September 2008 Completed Sales Report for Morgan Hill Single-Family Homes saw a closing of 30 sales receiving 96.43% of list price. These closings represented a median price of $644,400 and an average price of $757,613. There were 78 new listings during September. Total Sales: $22,728,411

The September 2008 Completed Sales Report for San Martin Single-Family Homes saw a closing of 2 sales receiving 102.94% of list price. These closings represented a median and average price of $825,000. There were 8 new listings during September. Total Sales: $1,650,000

The September 2008 Completed Sales Report for Gilroy Single-Family Homes saw a closing of 57 sales receiving 96.83% of list price. These closings represented a median price of $384,900 and an average price of $430,219. There were 103 new listings during September. Total Sales: $24,522,495

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September 2008~Morgan Hill Condos/Townhouses had 6 closed sales receiving 96.59% of list price. These closings represented a median price of $268,800 and an average price of $279,750. There were 22 new listings during September. Total Sales: $1,678,500

September 2008~Gilroy Condos/Townhouses had 2 closed sales receiving 92.49% of list price. These closings represented a median price and an average price of $292,500. There were 7 new listings during September. Total Sales: $585,000

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September 2008~Single-Family Homes in Morgan Hill had an average of 89 days on market (DOM) and 131 cumulative days on market (CDOM). Condos/Townhouses had an average of 71 DOM and 94 CDOM. September 2008~Single-Family Homes in San Martin had an average of 141 DOM and 247 CDOM.

September 2008~Single-Family Homes in Gilroy had an average of 73 DOM and 141 CDOM. Condos/Townhouses had an average of 123 DOM and 208 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