Monday, February 16, 2009

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 225 active listings and 74 sale pendings

Gilroy has 269 active listings and 166 sale pendings

San Martin has 39 active listings and 14 sale pendings

Area 1 (all of the above) has 530 active listings and 253 sale pendings

Inventory is holding steady and sales continue to increase. I am definitely seeing more sales in the market these days and more movement in general. With lots of inventory, good interest rates and good prices, I believe now is a good time to get what you want in a home. We are seeing more and more multiple offers, especially when a property is a good deal.

My 2 cents - Don’t wait around just to stand in line.

Stay tuned for regular updates!

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