Morgan Hill• Updated
Market Pulse: Balanced ⚖️
Morgan Hill is currently a Balanced Market. Homes are retaining 100% of their value (Sale Price to List Price Ratio). With 100 active listings and 37 closed sales this month, inventory remains at 2.6 months of supply. Trends over the last half-year show median values moving up by 19%, while Average Days on Market has increased by 6%. Transaction speed is currently 6 days slower than the broader Santa Clara benchmark.
Property Type Spotlight
Detached Homes
Entry Level Detached Home Market Trends Median Price Market Trend The average price in the Entry Level Detached Home segment has softened by 4% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Detached Home is decreasing, with homes now staying on market for 43 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Detached Home market is strengthening, with the Sale Price to List Price Ratio now at 105%.
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Mid-Market Detached Home Market Trends Median Price Market Trend The average price in the Mid-Market Detached Home segment has risen by 7% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Detached Home is increasing, with homes now staying on market for 66 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 97%.
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High-End Detached Home Market Trends Median Price Market Trend Prices in the High-End Detached Home tier have stabilized over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Detached Home is increasing, with homes now staying on market for 73 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the High-End Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 99%.
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Townhomes
Entry Level Townhome Market Trends Median Price Market Trend The average price in the Entry Level Townhome segment has risen by 10% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Townhome is increasing, with homes now staying on market for 78 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Townhome market is shifting towards buyers, with the Sale Price to List Price Ratio now at 99%.
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Condo/Co-op
Entry Level Condo/Co-op Market Trends Median Price Market Trend The average price in the Entry Level Condo/Co-op segment has softened by 6% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Condo/Co-op is increasing, with homes now staying on market for 80 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Condo/Co-op market is shifting towards buyers, with the Sale Price to List Price Ratio now at 99%.
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Mobile/Manufactured Homes
Entry Level Mobile/Manufactured Home Market Trends Median Price Market Trend The average price in the Entry Level Mobile/Manufactured Home segment has softened by 6% over the last 4 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Mobile/Manufactured Home is decreasing, with homes now staying on market for 57 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Negotiation leverage in Entry Level Mobile/Manufactured Home has stabilized over the last 4 months, with sellers receiving 100%.
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Multi-Family (2-4 Unit)
Active Inventory Overview
Inventory Breakdown by Segment
| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 8 | — | — | — | 8 |
| Detached Home | 5 | 16 | 34 | 10 | 65 |
| Mobile/Manufactured Home | 8 | — | — | — | 8 |
| Multi-Family (2-4 Unit) | — | — | — | 2 | 2 |
| Townhome | 11 | — | 6 | — | 17 |
Market Insights & FAQ
How is the real estate market in Morgan Hill performing right now?
The data indicates a active environment in Morgan Hill. Inventory is at 2.6 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.
What are the current pricing trends for Morgan Hill real estate?
Currently, $1,643,000 represents the median entry point for Morgan Hill. Over the past half-year, values have moved upward by approximately 19% based on regional transaction data.
Are sellers in Morgan Hill getting their full asking price?
Sellers hold significant leverage in Morgan Hill, with a Sale Price to List Price Ratio of 99.6%. On average, properties are transitioning from active to sold status in 58 days.
How does the Morgan Hill market compare to Santa Clara trends?
Morgan Hill maintains a distinct profile within the broader Santa Clara region. Median home values are currently 34% lower than the regional average, reflecting the unique demand and inventory dynamics of this specific location.
Who is a top listing agent for High-End Detached Home homes in Morgan Hill?
If you're selling a High-End Detached Home in Morgan Hill, the data points to Dustin Holdt as a standout choice. Their listings in this segment have consistently closed faster than the local average while achieving above-average sale-to-list ratios — a rare combination that directly benefits sellers on both time and final price.
Who is a top listing agent for Mid-Market Detached Home homes in Morgan Hill?
Our transaction-level analysis puts Lauren Ronan at the top for Mid-Market Detached Home listings in Morgan Hill. Lauren Ronan has consistently held closer to asking price than the typical Mid-Market Detached Home agent in Morgan Hill. For sellers prioritizing their final number, that's the metric that matters most.
Which agent is best for buying a Entry Level Mobile/Manufactured Home in Morgan Hill?
If you're hunting for a Entry Level Mobile/Manufactured Home in Morgan Hill, Karen Nelsen's track record speaks for itself. Buying effectively in this segment means knowing when and how hard to push. Their track record here shows they regularly outperform the local sale-to-list benchmark — in the buyer's favor.
Who is a top listing agent for Entry Level Detached Home homes in Morgan Hill?
Karen Nelsen has been particularly active in Morgan Hill's Entry Level Detached Home segment, and the numbers back it up. Their listings in this segment have consistently closed faster than the local average while achieving above-average sale-to-list ratios — a rare combination that directly benefits sellers on both time and final price.
Which agent is best for buying a Entry Level Detached Home in Morgan Hill?
Joe Velasco has a strong showing as a buyer's agent in Morgan Hill's Entry Level Detached Home market. The data shows a consistent pattern across their deals here: shorter time to close than the segment average, and acquisition terms that tend to land below-average relative to list price. Two things buyers care about most.
Who is a top listing agent for Entry Level Townhome homes in Morgan Hill?
Sellers of Entry Level Townhome homes in Morgan Hill have found a reliable partner in Bernie Romero, based on closed deal data. In a category where leaving money on the table is easy, their sale-to-list performance in this segment stands above the local benchmark — reflecting an ability to negotiate and price effectively.
Which agent is best for buying a Mid-Market Detached Home in Morgan Hill?
Navigating Morgan Hill's Mid-Market Detached Home market as a buyer? Beatrice Beauchamp is among the most effective agents in this niche. Their buyer closings in this segment show a sale-to-list ratio that's more favorable than the local average — a signal of effective negotiation that keeps final purchase prices competitive for buyers.
Which agent is best for buying a High-End Detached Home in Morgan Hill?
Ted Chen has helped buyers close on High-End Detached Home properties in Morgan Hill — and the data shows it. The data shows a consistent pattern across their deals here: shorter time to close than the segment average, and acquisition terms that tend to land below-average relative to list price. Two things buyers care about most.