Real Estate Category
Morgan Hill Mushroom Mardi Gras Weekend!
It’s that time of year again! Morgan Hill is hosting the 33rd annual Mushroom Mardi Gras today and tomorrow in the downtown venue of the Community Center and along Depot Street. Come down for the live entertainment, arts and crafts and delicious food. Plus you can learn just about anything you ever wanted to know about mushrooms and try out mushroom soup, french fried portabellos, cajun deep-fried mushrooms, chicken with sauteed mushrooms, portabello burgers, mushroom cheesesteak, stuffed mushrooms, and more. Yum!
For more information, see the Morgan Hill Mushroom Mardi Gras website: www.mhmmg.org
Current Real Estate Market = Sellers’ Market
As of today, there are 105 active residential properties available in Morgan Hill, 74 active in Gilroy and 17 in San Martin. As for residential real estate listings that are pending under contract, Morgan Hill has 122, Gilroy has 178 and San Martin has 18. I don’t think I’ve ever seen Gilroy’s inventory of active listings this low.
The following graph shows the active and pending residential real estate sales for all of Santa Clara County over the past six and a half years. It makes clear pictorially what a sellers’ market we’re having right now. The dark blue line depicts the active single family residences on the market in Santa Clara County and the pink line depicts the pending single family residences. The yellow line represents the active condos and townhouses on the market and the light blue shows the pending condos and townhouses. Notice how the number of actives in both cases are currently well below the number of pendings. Then compare to mid-2008. Double-click on the graph to enlarge.
South County Real Estate 3/30/12 – 4/5/12
The real estate market continues to hum along at a fast clip. While only 23 new residential listings came on the market in Morgan Hill, Gilroy and San Martin, 43 residential listings went into contract. This is creating a very, very low inventory of available homes for sale. The table below lists the newest homes to hit MLS. If you are at all contemplating selling your home, now just might be optimum timing! And if you’d like a comparable market analysis for your home, I’d be happy to meet with you.
Last week in Morgan Hill, Gilroy and San Martin:
43 residential properties went pending under contract
22 residential properties closed escrow
Overall in Morgan Hill, Gilroy and San Martin:
198 residential properties are currently active on the market
394 residential properties are currently pending under contract
If you would like to view any of the properties below or any other properties please call me at (408) 892-9015. I would be happy to make arrangements to show them to you.
NEW LISTINGS MORGAN HILL, GILROY, SAN MARTIN 3/30/12 - 4/5/12
South County Weekly Real Estate Update 3/1/12
Quite a few new listings came onto the south Santa Clara County market last week. Sellers are wising up to take advantage of the low inventory that currently exists in our area. There were 50 new single family homes and townhouse/condo listings that came on the market in Morgan Hill, Gilroy and San Martin. This week all 50 of the new listings are single family residences. See the table below for the new listings.
Also last week in Morgan Hill, Gilroy and San Martin:
46 residential properties went under contract
25 residential properties closed escrow
Man, this market is smokin’!!
Overall in Morgan Hill, Gilroy and San Martin there are:
261 residential properties active on the market
338 residential properties that are pending under contract
If you would like to view any of the properties below or any other properties please call me at (408) 892-9015. I would be happy to make arrangements to show them to you.
NEW LISTINGS MORGAN HILL, GILROY & SAN MARTIN 2/23/12 - 3/1/12
Intero Real Estate Service’s Top 1%
Made it in the top 1% of the entire company – not bad for a south county Realtor!
South County Weekly Real Estate Update
What’s new in the real estate market this past week in Morgan Hill, Gilroy and San Martin? See the table below for the twenty-six new active residential listings. A Class 1 listing = single family home and a Class 2 listing = condo/townhouse. There were 3 new condos on the market this past week in South Santa Clara County. Thirty-nine residences went under Contract and twenty-six closed escrow last week.
If you would like to view these or any other properties please call me at (408) 892-9015. I would be happy to make arrangements to show them to you.
NEW RESIDENTIAL LISTINGS 1-26-2012 THRU 2-2-2012
South County Weekly Real Estate Update
What’s new in the real estate market this past week in Morgan Hill, Gilroy and San Martin? See the table below for the eighteen new active residential listings. A Class 1 listing is a single family home and a Class 2 listing is a condo/townhouse. There were only two new condos on the market this past week in South Santa Clara County. Thirty-six residences went under contract last week with seventeen closed escrows.
NEW RESIDENTIAL LISTINGS FROM 1-18-12 THRU 1-26-12
South County Real Estate Weekly Update
NEW RESIDENTIAL LISTINGS 1-11-12 thru 1-18-12
Which Real Estate Transactions Closed Escrow Last Week?
Fifteen residential real estate properties have new owners as of last week in the south Santa Clara County towns of Morgan Hill, Gilroy and San Martin. The sale prices ranged from $160,000 to $1,300,000.
| Street Address | Class | Orig List Price | List Price | List Date | Sale Price | COE Date | Last Hot Sheet Change |
|---|---|---|---|---|---|---|---|
| 9514 SUGAR BABE DR | 1 | $1,448,888 | $1,448,888 | 8/25/2010 | $1,300,000 | 5/6/2011 | SOLD |
| 15720 LA TIERRA DR | 1 | $799,999 | $662,999 | 10/15/2010 | $662,999 | 5/6/2011 | SOLD |
| 17160 OAK LEAF DR | 1 | $749,950 | $625,000 | 10/19/2010 | $590,000 | 5/6/2011 | SOLD |
| 2490 PINTO CT | 1 | $625,000 | $625,000 | 1/7/2011 | $580,000 | 5/3/2011 | SOLD |
| 720 LEPA CT | 1 | $624,942 | $574,947 | 9/14/2010 | $570,000 | 5/6/2011 | SOLD |
| 740 PEEBLES AV | 1 | $550,800 | $523,260 | 2/23/2011 | $480,000 | 5/6/2011 | SOLD |
| 16945 PINE WY | 1 | $415,000 | $415,000 | 6/17/2010 | $475,000 | 5/6/2011 | SOLD |
| 17482 CARRIAGE LAMP WY | 1 | $399,000 | $399,000 | 4/14/2011 | $391,000 | 5/9/2011 | SOLD |
| 17435 DEPOT ST | 1 | $389,888 | $339,950 | 1/17/2011 | $330,000 | 5/2/2011 | SOLD |
| 1660 BLUEBONNET WY | 1 | $364,900 | $324,900 | 2/11/2011 | $325,000 | 5/6/2011 | SOLD |
| 18530 PRESERVATION CT | 1 | $359,900 | $329,000 | 1/25/2011 | $340,000 | 5/6/2011 | SOLD |
| 17319 SERENE DR | 1 | $349,000 | $349,000 | 1/24/2011 | $352,000 | 5/6/2011 | SOLD |
| 610 EL TORO WY | 1 | $339,500 | $319,500 | 3/4/2011 | $328,000 | 5/9/2011 | SOLD |
| 863 WELBURN AV | 1 | $250,000 | $200,000 | 1/20/2011 | $200,000 | 5/5/2011 | SOLD |
| 7670 HANNA ST | 1 | $219,900 | $184,900 | 10/14/2010 | $160,000 | 5/4/2011 | SOLD |
What Real Estate Closed Escrow Last Week In South Santa Clara County?
It’s pretty easy to keep up with new listings when they hit the market. But sometimes it’s a challenge to keep up on what real estate properties have finally gone through the escrow process and closed to complete the sale. The following is a list of the twenty-eight south Santa Clara County real estate transactions that closed last week in the towns of Morgan Hill, Gilroy and San Martin. Congratulations to the new owners!
| Street Address | Class | Orig List Price 1 |
List Price | List Date | Sale Price | COE Date | Last Hot Sheet Change | |
|---|---|---|---|---|---|---|---|---|
| 4645 MERITAGE CT | 1 | $1,175,000 | $1,175,000 | 3/13/2011 | $1,160,000 | 4/28/2011 | SOLD | |
| 2263 COLUMBINE CT | 1 | $889,000 | $889,000 | 3/17/2011 | $950,000 | 4/26/2011 | SOLD | |
| 620 SPARHAWK DR | 1 | $813,000 | $813,000 | 11/3/2010 | $855,000 | 4/29/2011 | SOLD | |
| 7646 Braid CT | 1 | $738,685 | $738,685 | 1/28/2011 | $695,000 | 4/26/2011 | SOLD | |
| 7652 BRAID CT | 1 | $731,814 | $731,814 | 1/28/2011 | $690,000 | 4/29/2011 | SOLD | |
| 785 AVANTE PL | 1 | $719,950 | $624,000 | 5/28/2010 | $624,000 | 4/28/2011 | SOLD | |
| 14405 SYCAMORE AV | 1 | $600,000 | $600,000 | 8/19/2010 | $585,000 | 4/29/2011 | SOLD | |
| 480 LA CROSSE DR | 1 | $559,000 | $559,000 | 1/10/2011 | $565,000 | 4/28/2011 | SOLD | |
| 15080 BELLINI WY | 1 | $529,950 | $529,950 | 2/10/2011 | $529,950 | 4/29/2011 | SOLD | |
| 17430 LAKEVIEW DR | 1 | $525,000 | $535,000 | 12/21/2010 | $534,000 | 4/27/2011 | SOLD | |
| 15945 FOOTHILL AV | 1 | $525,000 | $525,000 | 1/25/2011 | $525,000 | 4/29/2011 | SOLD | |
| 16995 JOHN TELFER DR | 1 | $499,950 | $499,950 | 3/18/2011 | $470,000 | 4/26/2011 | SOLD | |
| 725 PAINTER CT | 1 | $460,000 | $399,999 | 8/2/2010 | $390,000 | 4/28/2011 | SOLD | |
| 16715 FELIZ CT | 1 | $449,950 | $449,950 | 3/31/2011 | $449,950 | 4/29/2011 | SOLD | |
| 2103 GULLANE WY | 1 | $447,900 | $447,900 | 3/25/2011 | $450,000 | 4/26/2011 | SOLD | |
| 16601 SAN GABRIEL CT | 1 | $440,000 | $440,000 | 9/10/2010 | $400,000 | 4/26/2011 | SOLD | |
| 18302 CHRISTEPH DR | 1 | $415,000 | $406,000 | 1/31/2011 | $400,000 | 4/26/2011 | SOLD | |
| 8991 ACORN WY | 1 | $408,000 | $387,600 | 1/26/2011 | $375,000 | 4/28/2011 | SOLD | |
| 1605 ANSON CT | 1 | $394,500 | $304,000 | 12/17/2010 | $267,750 | 4/29/2011 | SOLD | |
| 17975 CALLE HERMOSA | 1 | $380,000 | $380,000 | 3/11/2011 | $380,000 | 4/29/2011 | SOLD | |
| 875 W 8TH ST | 1 | $356,000 | $356,000 | 1/28/2011 | $353,000 | 4/26/2011 | SOLD | |
| 7880 DICKENS WY | 1 | $349,999 | $330,000 | 4/15/2010 | $320,000 | 4/29/2011 | SOLD | |
| 1375 RUCKER AV | 1 | $346,800 | $346,800 | 2/26/2011 | $346,000 | 4/29/2011 | SOLD | |
| 17080 VIEWCREST LN | 2 | $341,700 | $292,967 | 1/6/2011 | $284,320 | 4/26/2011 | SOLD | |
| 7335 MILLER AV | 1 | $335,000 | $335,000 | 3/23/2011 | $335,000 | 4/28/2011 | SOLD | |
| 2124 DARNIS CI | 2 | $325,000 | $320,000 | 10/28/2010 | $326,100 | 4/26/2011 | SOLD | |
| 7479 ROSANNA ST | 1 | $298,000 | $275,000 | 2/24/2011 | $275,000 | 4/29/2011 | SOLD | |
| 430 CREEKSIDE LN | 2 | $262,900 | $262,900 | 2/21/2011 | $282,000 | 4/28/2011 | SOLD |
Gretchen Merrick
cell (408) 892 9015
