Gilroy Home Sales Rise 128%

If you have thought about buying a home in Gilroy, it’s time to act!  May’s Closed Sales were up 75.8% over 5/08!  This is the 5th straight month of increased Closings over the same period last year.  Year-to-date Gilroy Closings are up a whopping 128.9% over the first 5 months in ’08!

The supply of homes listed for sale dropped 75.8% in May and was the 5th consecitive month this year where New Listings dropped.   So far this year our Gilroy New Listings are down 32.7% from last year.

Similarly, Morgan Hill’s Closed Sales are up 59.4% and the number of New Listings is down 23.5% from 2008.

While the price levels and home loan interest rates are still low NOW is the time to come join us in the “Garlic Capital of the World” and buy your own home.

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