Morgan Hill, CA Home Values

Morgan Hill Ave. SPAs you can see here, the average sales price of single family residences in Morgan Hill CA continued to rise over the last 12 months.

This month’s average sales price (approximately $960,000) is roughly 26% higher than 11/14’s average price of $760,000.

You will also notice that the average price spiked in 9/15 at roughly $1,010,000.

Now is a great time to buy a home in Morgan Hill: the ratio of prospective buyers-to-available homes is a little more balanced; the interest rates are still South of 4.0%; and, the short commute into San Jose is very manageable.

It is also a great time to sell your home: it worth more now than in the last 10 years.

For both prospective buyers and hopeful sellers, a sale NOW will get you settled in before Christmas and for the start of the mid school year.

 

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