March 2024 Real Estate Report

Homes For Sale
60 Total
Homes For Sale
Homes added
37 Homes
Added to the Market
Homes For Sale
26 Homes
Sold
Compared to Previous Month
-3%
Fewer Homes For Sale
home chart
8%
More Homes Sold
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Last month in March, housing in Gilroy, CA ended with 37 homes being added to the market for sale, for a cumulative monthly total of 60 homes for sale - down -3% compared to February. Gilroy, CA had a total of 26 homes sold for the month - up 8% from the month prior.

Detached led the way in homes sold with a total of 26 - up 19%, while attached totaled 0 in closed sales - even from the month of February. The number of detached properties sold under 1500 square feet totaled 6 for the month of March, while homes from 1500 to 2000 square feet recorded 5 sales and homes sized from 2000 to 2500 square feet had 8 sales. While homes from 2500 to 3000 square feet square feet recorded 2 homes sold and homes from 3000 to 3500 square feet had 2 sales, homes from 4000 to 4500 square feet had 1 sales. Homes from 4500 to 5000 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, over 5500.

The number of attached homes sold The following ranges for attached homes all had no sales: under 1500, 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Gilroy, CA?
June:
44 Homes Sold
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The last 12 month period for the city of Gilroy, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and October 2023. The months of May 2023, June 2023 and October 2023 had 36 - 44 and 31 homes sold, respectively, as compared to an average of 26 for the other months of the year.

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When do homes sell the fastest in Gilroy, CA?
October:
17 Days On Market
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The last 12 month period for the city of Gilroy, CA shows that homes sold the fastest during the months of July 2023, October 2023 and March 2024. The months of July 2023, October 2023 and March 2024 had 19 - 17 and 21 days on market, respectively, as compared to an average of 29 for the other months of the year.


Average Price Of Homes Sold In Gilroy, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Gilroy, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Gilroy, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024232426 - - - - - - - - - 73
2023192134193644303128312727347
2022263838595143353541262919440
2021364055656658705048595442643
2020305337212065626658565443565
2019193240395645554851493134499
2018282644416658505034364436513
2017392442356762674449534347572
Average Days On Market (DOM) In Gilroy, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024303121 - - - - - - - - - 27
202330543721222219244917293230
2022113489101210292631424522
20219233014231213132215171517
202069534038323434372316173235
201939384938272729344744485339
20183121915141922212526465325
201753533634182527303418212932
Average Days From List To Close Of Escrow In Gilroy, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024606249 - - - - - - - - - 57
20235914471464945465312244556066
202242613739394652687062857156
202144596246564646475253494751
2020102887573676769736148527871
201977667968616262647880858973
201866563744444952585755818657
201793979470505859607150526368
Number of homes added to the market in Gilroy, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024223937 - - - - - - - - - 98
2023183235355652364538372819431
2022423966555749423629311916481
2021435160706572524854553121622
2020344337385958544653513940552
2019374038725859484046341510497
2018284557656155504943342916532
2017242665625261495153363416529