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Morgan Hill, CA Real Estate News

By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Hiking El Toro in Morgan Hill California Hiking El Toro mountain in Morgan Hill can be a challenge especially near the top where the trail gets pretty steep.  Boy scouts cut out some steps and added a rope near the top to help hikers "concur" the peak which is 1420.3 feet high. One can access the trail head at the end of West Dunn Avenue or through the parking lot of West Hills Church.  Access to the trailhead is through private property so stay on the trail and be respectful of the residents. We hike El Toro because of the challenging and relatively short hike that offers spectacular views. Make sure you bring water and wear the right shoes (with good thread) because the trail is steep and has plenty of loose rock. 
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 48 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype       14 Single family homes currently listed as bank owned 50 Single family homes currently listed as short sales 42 Single family homes are currently overpriced 251 Is the average days on market of overpriced homes 56 Single family homes sold in the past 90 days 88 Single family homes in escrow (44 short sales) 149 Single family homes listed for sale 156 Total homes in foreclosure $572,500 Median sale price for single family homes in past 90 days 
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
I got a Google alert, telling me that an almost non-existent (in the market area) internet brokerage is reporting that there were only two homes sold in Morgan Hill, CA during the past 30 days...I knew that was totally wrong.  Probably hasn't been that low since the town was founded... The point I'm trying to make to the general public is don't always believe what you read on the internet, BUT always use a trusted, local Broker to buy or sell your property...  This particular company finds local agents and feeds them leads.  They are more of a lead generating company than a real estate company. Here is the alert: Morgan Hill Real Estate Market Extends Weakness in New Listings Posted by Sawbuck on 11/23/2012 in Bay Area, Morgan Hill, 95037 Sales dropped to two homes sold over the last 30...
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 47 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     12 Single family homes currently listed as bank owned 56 Single family homes currently listed as short sales 41 Single family homes are currently overpriced 251 Is the average days on market of overpriced homes 57 Single family homes sold in the past 90 days 96 Single family homes in escrow (51 short sales) 159 Single family homes listed for sale 168 Total homes in foreclosure $560,000 Median sale price for single family homes in past 90 days 
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 46 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     11 Single family homes currently listed as bank owned 60 Single family homes currently listed as short sales 43 Single family homes are currently overpriced 243 Is the average days on market of overpriced homes 54 Single family homes sold in the past 90 days 98 Single family homes in escrow (55 short sales) 167 Single family homes listed for sale 161 Total homes in foreclosure $555,000 Median sale price for single family homes in past 90 days 
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
You can search for all homes for sale in Morgan Hill, CA using this map based search.  Feel free to call Signature Homes & Estates for all your real estate needs-- whether you are buying or selling real estate in Morgan Hill. Morgan Hill is a great Community located in Santa Clara County and provides a wonderful place to live for those wishing to work in Silicon Valley, yet enjoy the quiet life of a small community.  Local shopping and a wonderful downtown makes this an ideal community in which to reside.  
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 45 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     10 Single family homes currently listed as bank owned 62 Single family homes currently listed as short sales 49 Single family homes are currently overpriced 242 Is the average days on market of overpriced homes 57 Single family homes sold in the past 90 days 97 Single family homes in escrow (56 short sales) 169 Single family homes listed for sale 153 Total homes in foreclosure $560,000 Median sale price for single family homes in past 90 days  
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 44 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     10 Single family homes currently listed as bank owned 70 Single family homes currently listed as short sales 49 Single family homes are currently overpriced 240 Is the average days on market of overpriced homes 60 Single family homes sold in the past 90 days 99 Single family homes in escrow (63 short sales) 178 Single family homes listed for sale 153 Total homes in foreclosure $575,000 Median sale price for single family homes in past 90 days  Morgan Hill, Morgan Hill foreclosure homes for sale, current inventory, Morgan Hill Realtor®, buying in Morgan Hill, selling in Morgan Hill...
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 43 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     11 Single family homes currently listed as bank owned 69 Single family homes currently listed as short sales 48 Single family homes are currently overpriced 249 Is the average days on market of overpriced homes 60 Single family homes sold in the past 90 days 101 Single family homes in escrow (61 short sales) 182 Single family homes listed for sale 154 Total homes in foreclosure $576,000 Median sale price for single family homes in past 90 days 
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 42 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     14 Single family homes currently listed as bank owned 75 Single family homes currently listed as short sales 50 Single family homes are currently overpriced 240 Is the average days on market of overpriced homes 61 Single family homes sold in the past 90 days 107 Single family homes in escrow (62 short sales) 191 Single family homes listed for sale 164 Total homes in foreclosure $585,000 Median sale price for single family homes in past 90 days  
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
This market update is for single family homes in Morgan Hill California as of October 16, 2012. Currently there are 86 single family homes for sale in Morgan Hill.  16 homes are listed over $1 million including a $26 million listing distorting the statistics. 68 single family properties are listed in Morgan Hill under $1 million ranging in list price from $200,000 to $999,950. Median list price is $648,500.  Average days on market 121 Average list price $662,038 Average price per square foot is $329.02 115 single family homes are currently in contract ranging in price from $210,000 to $1,999,988. Median list price is $539,950 Average days on market 73 Average list price $590,577 Average price per square foot is $266.14 41 single family homes sold during the past 30 days in Morgan Hill C...
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By George Fanucci, Internet - Technology - Business - Solutions
(CoreFact.com)
Morgan Hill Attorney?   This domain name MorganHillAttorney.com is for sale.   Investing in domain names? You can acquire this valuable asset as an investment, or for your business and your professional image, to use it for a website, a URL redirect, marketing, advertising, email, lead-capture, blogging, etc. Let us know if you know anyone who may be interested in domain names and the domain name aftermarket.  Just because the domain name is taken already does not mean it cannot be aquired at some price.     Please contact  domains@vanduz.com  to acquire this domain.   Morgan Hill, California   As of the 2010 census, there were over 38,000 residents of Morgan Hill.  The MARTINDALE-HUBBELL® Directory lists about 73 attorneys.  Morgan Hill Attorney produces over a million results on Goog...
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Morgan Hill, CA foreclosure filings are down. This is most likely due to the fact that the toxic loans put on homes during the boom years have most likely been worked through the system. Morgan Hill,CA - Foreclosure Filings Foreclosure Filings—Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner's final notice before sale. Morgan Hill,CA - Foreclosure Outcomes Foreclosure Outcomes—After the filing of a Notice of Trustee Sale, there are only three possible outcomes. First, the sale can be Cancelled for reasons that include a successful loan modification or short sale, a filing error, or a legal requirement to re-file the notice after extended postponements. Alternatively, if...
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By Anja Kerstens, 669.270.8034, GRI, NHCB, CDPE, CHS. Silicon Valley Homes
(Compass)
Latest API test scores for Public Schools in Morgan Hill The new API test scores are out and the results are posted by the California Department of Education last Thursday for the 2011-2012 year.  Target growth for schools with scores of less then 800 in 2011 have a target growth. Results for Elementary schools in Morgan Hill listed from high to low: Nordstrom Elementary: 915 INCREASED by 34 Charter School of Morgan Hill: 901 reflecting no increase Paradise Valley/Machado Elementary: 851 reflecting a decrease of 21 Los Paseos Elementary: 830 INCREASED by 2  El Toro: 782 decreased by 8 - target growth for 2012 was 5 San Martin/Gwinn Elementary: 782 reflecting a decrease of 6 - target growth for 2012  5 Barret Elementary: 757 reflecting a decrease of 28 - target growth for 2012  5 Jacson ...
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 41 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     14 Single family homes currently listed as bank owned 78 Single family homes currently listed as short sales 49 Single family homes are currently overpriced 245 Is the average days on market of overpriced homes 62 Single family homes sold in the past 90 days 115 Single family homes in escrow (66 short sales) 193 Single family homes listed for sale 170 Total homes in foreclosure $582,000 Median sale price for single family homes in past 90 days 
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 40 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     13 Single family homes currently listed as bank owned 77 Single family homes currently listed as short sales 49 Single family homes are currently overpriced 232 Is the average days on market of overpriced homes 58 Single family homes sold in the past 90 days 113 Single family homes in escrow (65 short sales) 195 Single family homes listed for sale 175 Total homes in foreclosure $583,500 Median sale price for single family homes in past 90 days  Morgan Hill, Morgan Hill foreclosure homes for sale, current inventory, Morgan Hill Realtor®, buying in Morgan Hill, selling in Morgan Hil...
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 39 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     13 Single family homes currently listed as bank owned 77 Single family homes currently listed as short sales 58 Single family homes are currently overpriced 231 Is the average days on market of overpriced homes 55 Single family homes sold in the past 90 days 107 Single family homes in escrow (64 short sales) 200 Single family homes listed for sale 174 Total homes in foreclosure $582,000 Median sale price for single family homes in past 90 days 
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 38 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     12 Single family homes currently listed as bank owned 80 Single family homes currently listed as short sales 54 Single family homes are currently overpriced 227 Is the average days on market of overpriced homes 60 Single family homes sold in the past 90 days 115 Single family homes in escrow (58 short sales) 201 Single family homes listed for sale 168 Total homes in foreclosure $592,500 Median sale price for single family homes in past 90 days
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By P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy, San Juan Bautista and Hollister as well!
(Keller Williams Realty Silicon Valley)
  Here are some current Inventory numbers for week 37 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype     11 Single family homes currently listed as bank owned 76 Single family homes currently listed as short sales 53 Single family homes are currently overpriced 224 Is the average days on market of overpriced homes 58 Single family homes sold in the past 90 days 115 Single family homes in escrow (67 short sales) 201 Single family homes listed for sale 166 Total homes in foreclosure $607,000 Median sale price for single family homes in past 90 days 
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By Gary Frimann, CRS, GRI, SRES, REALTOR and Broker
(Eagle Ridge Realty / Signature Homes & Estates)
Here are some sales Price Statistics for Morgan Hill, California.  As you can see, the average sales price has increased significantly in this past year.  Agents are reporting that a lot of sales are going with multiple offers, and the final sales prices are up about 20% as the real estate market continues to recover.  The data is from the local Multiple Listing Service, MLSListings, Inc:  MonthSale Price, Average             Oct  2011              $545,774             Nov 2011 $567,892             Dec 2011 $629,949             Jan 2012 $546,429             Feb 2012 $643,927             Mar 2012 $518,805             Apr 2012 $567,977            May 2012 $672,515             Jun 2012 $592,351             Jul 2012 $640,655            Aug 2012 $601,046            Sep 2012 $659,143      
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