Monday, December 22, 2008

Monday Morning Update

Monday Statistics

Good morning South County! Here are your weekly updates on what is happening in your neighborhoods. Feel free to contact me if you want more specific information. As of this week:

Morgan Hill has 248 active listings and 60 sale pendings

Gilroy has 309 active listings and 154 sale pendings

San Martin has 43 active listings and 8 sale pendings

Area 1 (all of the above) has 581 active listings and 219 sale pendings

Inventory is continuing to go down which is typical for this time of year but sales are actually inching up on a regular basis all month long.

Interesting – Last year there were 663 active listings in Area 1 with only 50 sale pendings – ugh! It might still be a hard market but movement has definitely improved since last year.

Stay tuned for regular updates!

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