October 2024 Real Estate Report

Homes For Sale
77 Total
Homes For Sale
Homes added
46 Homes
Added to the Market
Homes For Sale
32 Homes
Sold
Compared to Previous Month
-4%
Fewer Homes For Sale
home chart
-3%
Fewer Homes Sold
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Last month in October, housing in Morgan Hill, CA ended with 46 homes being added to the market for sale, for a cumulative monthly total of 77 homes for sale - down -4% compared to September. Morgan Hill, CA had a total of 32 homes sold for the month - down -3% from the month prior.

Detached led the way in homes sold with a total of 29 - down -3%, while attached totaled 3 in closed sales - even from the month of September. The number of detached properties sold under 1500 square feet totaled 5 for the month of October, while homes from 1500 to 2000 square feet recorded 1 sales and homes sized from 2000 to 2500 square feet had 8 sales. While homes from 2500 to 3000 square feet square feet recorded 4 homes sold and homes from 3000 to 3500 square feet had 3 sales, while homes in the 3500 to 4000 square feet range totaled 1 homes sold. Homes from 4000 to 4500 square feet had 3 sales and homes from 4500 to 5000 square feet had 1 sales. The following ranges for detached homes all had no sales: over 5500.

The number of attached homes sold under 1500 square feet numbered 3. The following ranges for attached homes all had no sales: 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Morgan Hill, CA?
June:
46 Homes Sold
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The last 12 month period for the city of Morgan Hill, CA shows that the greatest number of homes were sold during the months of May 2024, June 2024 and July 2024. The months of May 2024, June 2024 and July 2024 had 41 - 46 and 44 homes sold, respectively, as compared to an average of 29 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Morgan Hill, CA?
April:
8 Days On Market
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The last 12 month period for the city of Morgan Hill, CA shows that homes sold the fastest during the months of April 2024, June 2024 and July 2024. The months of April 2024, June 2024 and July 2024 had 8 - 14 and 18 days on market, respectively, as compared to an average of 27 for the other months of the year.


Average Price Of Homes Sold In Morgan Hill, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Morgan Hill, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Morgan Hill, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202423222939414644313332 - - 340
2023121632164839342735382524346
2022342356626152434936372229504
2021242959797662695440584447641
2020224137364062777356696259634
2019201743485953525643444142518
2018293037536151505938313824501
2017282347245264435653495148538
Average Days On Market (DOM) In Morgan Hill, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20243527218251418273330 - - 24
202332512918261716301834192626
2022142613912717243127434823
202130171823131715231518102419
202084553125293038332622201634
201941573429472625374050424940
201828362042301822163443313029
201753403726162535282927262030
Average Days From List To Close Of Escrow In Morgan Hill, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202471574632747566529276 - - 64
202360775541544846614563475254
202249554048434159566454738255
202159494956474946504467425951
2020123906561716679706263555171
201977886057785758757083728372
201863695280615061486775595962
201795747157486474636361685366
Number of homes added to the market in Morgan Hill, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202429374270736448505046 - - 509
2023202843375439473647283413426
2022265273726253373735252312507
2021415976696368535047463924635
2020339656376257685669654425668
2019204759628355375041472114536
201832534254625058393432339498
2017313456585853514944444415537