Property prices for sale in Morgan Hill (California)

The prices in real estate in Morgan Hill, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$1,404,822.5
Average price last 6 months
$615.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Morgan Hill has increased during the last 6 months. In January, the average price per sq.feet was $554. In February this price pretty much remained the same at a value of $580 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $567 to $648.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $607.75 to $630.5 during May y June

Average price

Based upon to the price in Morgan Hill (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $1,206,724. In February This price remains at $1,223,675. During the following two months (March, April) the average price had a considerable increase of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,629,725 they are 84 % more affordable than the average price for Morgan Hill. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,152,751.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $418 / sq.feet, with an average $619 / sq.feet price in Morgan Hill. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $633 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,629,725 it is 55 % cheaper than the average price in Morgan Hill. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Property". At a price of $1,042,360 it is 6 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $356 / sq.feet followed by "Duplex" priced at $439 / sq.feet. "House" is the most costly type of property with a $630 / sq.feet cost followed by "Condo" with an average price of $500 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Morgan Hill
Number of properties used in region California
$1,629,725
$619
3,140
1,593,716
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value