sell · morgan hill
Selling a home in Morgan Hill
In Morgan Hill, 44% of sales since January 2024 closed over asking and 40% closed under, one of the three highest under-asking shares of the 25 cities with 100+ sales in the last 12 months. Here’s what the numbers say, what’s different about selling here, and what we’ve sold in town.
morgan hill by the numbers
What the Morgan Hill market says right now
Morgan Hill closed 458 sales in the last 12 months, and 75% of them were single-family houses; 1 in 10 sales closed at $806K or less and 1 in 10 at $2.51M or more. Over and under asking are closer to even here than across Silicon Valley, where 60% of sales since January 2024 closed over asking.
- median sale price$1.32Mlast 12 months, 458 sales; Silicon Valley $1.65M
- over asking44%of 1,234 sales since January 2024; median overbid $50K
- under asking40%one of the 3 highest of the 25 cities with 100+ sales in the last 12 months; median discount $35K
- best closing monthApril55% over asking, against 34% in January; July is busiest
Source: closed MLS sales, Boyenga Team analysis, October 2026. Recent 12 months = October 2025 to September 2026; over and under asking = January 2024 to September 2026; best month = averaged over 2012–2025. See Morgan Hill by the numbers.
what’s different here
What sellers in Morgan Hill should plan for
What we plan for on Morgan Hill listings.
Price is the strategy
measured: 40% under asking
40% of Morgan Hill sales since January 2024 closed under the final list price, one of the three highest shares of the 25 cities with 100+ sales in the last 12 months, with Los Gatos (47%) and Hillsborough (40%). In the 24 months to October 27, 2026, counting all home types, the typical sale closed at asking in five of our six Morgan Hill neighborhoods and 1.1% under in Jackson Oaks & Holiday Lake (houses alone, 1.0% under); the share sold over asking ran from 35% in Downtown Morgan Hill to 51% in Jackson Meadows & Mission Ranch. On October 19, 2026, Morgan Hill’s 108 listings had been on the market a median 56 days, second-longest of the cities we cover with 25+ listings, and 19% had cut their price. We price against the closest recent sales on your side of town.
Below the 2022 high
measured: price per sq ft
Morgan Hill’s three-month median price per square foot peaked at $693 in the window ending May 2022, fell 20.9% to $548 by the window ending January 2023, and came in at $619 for July–September 2026, 11% below the high. It’s one of 9 of the 25 cities with 100+ sales in the last 12 months still below a spring 2022 high. Over all of 2022, which holds both the spring peak and the dip after it, the median was $631 per square foot, against $635 in the last 12 months. We price against this year’s sales of houses like yours, not 2022’s.
Bidding by price band
measured: by price band
From January 2024 to September 2026, 34% of 304 Morgan Hill sales under $1 million closed over asking, 47% of 445 between $1 million and $1.5 million, 47% of 250 between $1.5 million and $2 million, 43% of 170 between $2 million and $3 million, and 65% of 63 between $3 million and $5 million. The top end has grown: in 2012 one Morgan Hill house sold for $2.5 million or more, and in 2025, 46 did (the line is fixed in dollars, so part of that is prices rising).
Big lots are common
measured: 43% of houses
In the two years to October 27, 2026, 43% of Morgan Hill house sales were on lots of 10,000 sq ft or more, by the lot size in the listing; across Silicon Valley it’s 20%. Their median price was $1.94M, against $1.5M for all Morgan Hill houses. In our Lot Value Lab’s line for house sales in the 180 days through October 19, 2026, an added 1,000 sq ft of lot went with about $5K more once house size was held steady, the smallest clear lot premium of the 27 cities we could measure, and an added 100 sq ft of house with about $52K. The line credits everything that comes with a bigger lot to the lot, so we show buyers what yours can hold: zoning sets how big a house, ADU or pool can go on it.
Townhomes and condos
measured: 75% houses
75% of Morgan Hill’s sales in the last 12 months were single-family houses. In the two years to October 27, 2026, 201 condos and townhomes sold (119 townhomes, 82 condos) at a typical $882K, or $527 per square foot, against $1.5M and $664 for a house. 34% of them closed over asking (houses: 44%), and the median one closed at its list price. HOA dues aren’t in the price, so buyers compare them; we have the HOA documents ready at launch.
Timing and transfer tax
measured and county
Averaged over 2012–2025, April closings sold over asking most often (55%), January least (34%), and July has the most closings. An April closing typically means an accepted offer in March, with the listing before that. Morgan Hill has no city transfer tax; the Santa Clara County tax is $1.10 per $1,000, so $1,650 on a $1.5 million sale, and by local custom the seller pays it. Who pays is negotiable, and the purchase contract decides.
our sales
Homes we’ve listed and sold in and near Morgan Hill
Since 2017 we’ve matched 4 Morgan Hill sales to MLS records: 2 homes we listed and 2 where we represented the buyer. The homes we listed:
sold Jun 2021 · morgan hill
$905K
15511 Salerno Lane · Paradise Valley & Hidden Creek
3 bd · 2.5 ba · 1,649 sq ft
3.1% over the final list price of $878KListed by the Boyenga Team at Compass
sold Sep 2017 · morgan hill
$950K
17044 Shady Lane Drive · Jackson Oaks & Holiday Lake
4 bd · 3 ba · 2,088 sq ft
0.1% over the final list price of $949KListed by the Boyenga Team
For both homes we listed here, the sold record shows the final list price: 2 closed at or above it, 2 of them over asking. The final list price is the asking price after any price changes. Source: closed MLS records, read October 27, 2026.
The homes we’ve listed closest to Morgan Hill, in nearby cities:
sold Nov 2014 · gilroy
$1.20M
2336 Stonecress Street · Lions Creek & Country Estates
6 bd · 5 ba · 4,502 sq ft
Listed by the Boyenga Team
sold Nov 2017 · san jose
$1.09M
7368 Prindiville Drive · Los Paseos & Coyote Valley
4 bd · 3 ba · 1,827 sq ft
Listed by the Boyenga Team
sold Mar 2022 · san jose
$800K
6969 Rodling Drive #B · Los Paseos & Coyote Valley
2 bd · 2.5 ba · 1,093 sq ft
Listed by the Boyenga Team at Compass
sold Jul 2017 · san jose
$810K
201 Vineyard Drive · Santa Teresa & Bernal
3 bd · 2 ba · 1,130 sq ft
Listed by the Boyenga Team
Morgan Hill neighborhoods with our sales (listing and buyer side): Paradise Valley & Hidden Creek (1), Capriano & Madrone (1), El Toro (1), Jackson Oaks & Holiday Lake (1).
our plan
How we’d sell your Morgan Hill home
The same Property Nerd plan we run on every listing, tuned to Morgan Hill.
Price against the right sales
We start with the closest recent sales in your neighborhood and of your kind of house, then read the competition that week. In Morgan Hill, where 40% of sales since January 2024 closed under asking, that means pricing to this year’s sales, not 2022’s.
Prepare what buyers notice
Paint, light, landscaping and staging, budgeted in the Prep Lab, with Compass Concierge to front eligible costs. For a townhome or condo, we gather the HOA documents before launch, so buyers can compare dues and what they cover.
Disclose early
Inspections and disclosures ready before launch, so buyers make offers on facts. We order the natural hazard disclosure report early; it states the hazard zones for your property, so buyers see them before they write an offer.
Launch on purpose
A private or Coming Soon start if it fits, then the full launch; the Launch Lab shows the plan. April closings sold over asking most often; an April closing typically means an accepted offer in March, with the listing before that.
Negotiate and close
We compare offers on price, terms and certainty, then run escrow to closing.
The Morgan Hill data series
our own analysis
More from the series
by price and place
Seller tools
plan your numbers
Looking for an agent rather than a plan? Meet Eric & Janelle Boyenga · Morgan Hill neighborhood guides
questions
Questions Morgan Hill sellers ask us
How often do Morgan Hill homes sell over asking?
From January 2024 to September 2026, 44% of 1,234 Morgan Hill sales closed above the final list price, with a median overbid of $50K, and 40% closed below it, with a median discount of $35K, one of the three highest under-asking shares of the 25 cities with 100+ sales in the last 12 months. In the $3M–5M band, 65% of 63 sales closed over asking. Across Silicon Valley, 60% closed over asking.
When is the best time to sell in Morgan Hill?
Averaged over 2012–2025, Morgan Hill closings in April sold over asking most often (55%) and January closings least often (34%). July has the most closings, about 10% of the year’s sales. An April closing typically means an accepted offer in March, with the listing before that.
Are Morgan Hill prices back to their 2022 high?
Not to the spring 2022 high. The three-month median peaked at $693 in the window ending May 2022 and came in at $619 for July–September 2026, 11% below that high. Over all of 2022, which holds both the spring peak and the dip after it, the median was $631 per square foot, against $635 in the last 12 months. The median sale price in the last 12 months was $1.32M. We price against this year’s sales, not 2022’s.
How do Morgan Hill townhomes and condos sell?
In the two years to October 27, 2026, 201 condos and townhomes sold in Morgan Hill (119 townhomes, 82 condos). The typical one sold for $882K, or $527 per square foot, against $1.5M for a typical house; the typical townhome sold for $900K and the typical condo for $860K. 34% closed over the final list price, against 44% of houses, and the median sale closed at the list price.
Is my Morgan Hill house in a flood or fire zone?
It depends on the address. There’s no public parcel layer that identifies Morgan Hill’s single-family homes, so our Flood & Fire Zones page leaves Morgan Hill out, and we check your address before you list. A seller’s natural hazard disclosure report states the zones for the property. If the house itself is in an A or V zone, lenders on federally backed mortgages require flood insurance; a flood zone determination for the address settles it.
Does Morgan Hill charge a transfer tax?
Morgan Hill has no city transfer tax. The Santa Clara County documentary transfer tax is $1.10 per $1,000 of the sale price, so $1,650 on a $1.5 million sale. By local custom the seller pays it, and in Santa Clara County the seller usually pays the escrow fee and the owner’s title policy too; all of it is negotiable, and the purchase contract decides.
What do you charge to sell a Morgan Hill home?
Commissions are negotiable. We offer bundled services, so ask us what’s included.
talk to a property nerd
Thinking about selling in Morgan Hill?
We’ll pull the closest sales to your house, walk through prep and timing, and tell you what we’d do. No pressure and no obligation.
eric boyenga dre 01254725 · janelle boyenga dre 01254724 · compass · equal housing opportunity
Thinking about selling in Morgan Hill? Send us a note.
Eric & Janelle Boyenga
Realtors DRE01254724 / 01254725
Realtors DRE01254724 / 01254725