Eagle Ridge Golf Community Gilroy Real Estate

Eagle Ridge Real Estate, Gilroy, California Market Report October 28, 2011

This is a real estate update is for activity in the community of Eagle Ridge Golf during the last 7 days ending October 28, 2011. Median List Price for homes offered for sale is down 3%, however, median list price for homes in escrow is up 1.7% since my last report (October 17).

Real Estate statistics for Eagle Ridge Golf Community, Gilroy:

Eagle Ridge homes for sale:

• 19 homes in inventory (7 short sale and 1 bank-owned (REO))
• Median home price $695,000
• Price per square feet $192.56
• Average days on market 96
• Average size 3,434 square feet
• Average age 8
  
• 5 homes were added this week to inventory (3 short sale and 0 REO)
• 1 new listing
• 2 decreased list price
• 2 increased list price
• 1 transfered back from escrow
• Median home price $658,251
• Price per square feet $184.22
• Average size 3,246 square feet
• Average age 7