Silicon Valley real estate, explained by the Property Nerds®

What did Morgan Hill houses actually gain? Not a city average, but the same house, sold twice. We matched 245 Morgan Hill houses that sold in the last 24 months to their previous sale since 2012. Of those, 235 were about the same size both times, so the gain isn’t from an addition. The median one so

Price per square foot is the number everyone quotes, and in Morgan Hill it depends heavily on the size of the house. Over the last 24 months, houses under 1,500 sq ft sold for a median $814 a square foot, and houses of 4,000 sq ft and up for $638. Here’s the full ladder, why smaller houses cost more

Trading a Morgan Hill house for a condo or townhome is one of the biggest money moves a longtime owner makes. In the last 12 months the median Morgan Hill house sold for $1.52M at about 2,430 square feet, and the median condo or townhome sold for $882K at about 1,720 square feet. That’s a gap of abo