Tuesday, March 17, 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 215 active listings and 71 sale pendings

Gilroy has 246 active listings and 181 sale pendings

San Martin has 42 active listings and 13 sale pendings

Area 1 (all of the above) has 502 active listings and 265 sale pendings.

Market is holding steady but there is a lot going on behind the scenes that isn’t as obvious. One agent in my office had 12 offers on a property last week in the $400,000 range. Open Houses this past weekend were full of activity. Remember – no one rings a bell when we hit the bottom of the market!

Stay tuned for regular updates!

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