Morgan Hill Real Estate Market Update – April 2025

Thinking about buying or selling in Morgan Hill? Let’s talk numbers.

In this April 2025 market report, I’m breaking down what’s happening in the Morgan Hill real estate market—from price drops to new listings and what that means for buyers and sellers.

Last month, average and median sales prices dropped 2–10%.
New listings rose 32% since last month and 38% year-over-year, with inventory up every month this year compared to 2024.

Average days on market increased to 32, combined with prices softening a bit this is moving toward a buyers market in Morgan Hill at the moment.

Interest rates are just slightly lower than this time last year, but affordability remains a challenge. That said, with rates having remained over 6% for more than two years at this point, more homeowners are deciding to just move rather than continue to wait.

Whether you’re buying your first home or planning to sell and move into something that fits better, this update gives you the data you need to stay informed.

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Jori Mayer - Realtor®
📲 Call/Text: 408-691-9627
📲 Email: [email protected]
DRE 02009535

Diana Dufur - Realtor®
📲 Call/Text: 408-201-2911
📲 Email: [email protected]
Dufur Mayer Group
Coldwell Banker Realty
DRE 01908304

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