Downtown Gilroy House Prices

Downtown Gilroy housing prices have seen a decrease of -2.2% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $585,306. Below you’ll find numerous charts and graphs breaking down real estate market trends in Downtown Gilroy.

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Recent TrendsPrevious 180 DaysPrevious 12 Months% ChangeOver 6 Months
Average Sales Price$585,306$598,200-2.2%
Average List Price$604,233$613,280-1.5%
Sales Price vs List Price96%97%-1.0%
Avg Days on Market46437.0%
Avg Homes Sold Per Month3230.4%

Below you’ll see a comparison between the square footage and price per square foot for each Downtown Gilroy house price over the last 180 days. Hover over a point to see more information about each home that sold.

Properties in Downtown Gilroy can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Downtown Gilroy home prices.

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 Low EndAverage EndHigh End
Avg Sq Ft Range837 - 1080 sq ft1081 - 1524 sq ft1525 - 1854 sq ft
Avg Sold Price$510,000$676,000$675,000
Avg Price Per Sq Ft$532$494$399

Data is from the previous 12 months and pulled directly from the MLS.

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The median sales price for homes in Downtown Gilroy over the last 180 days is

$609,000 

Median List Price

$599K 

Average Days on Market

46 

Median Sq Ft

1,322 

Average Price per Sq Ft

$442 


Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.

Median List Price vs Median Sold Price in Downtown Gilroy over the last 12 months

Hover over a candlestick to see the median sales price and the median list price for any given month

Recent Homes Sold in Downtown Gilroy

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Housing Prices in Downtown Gilroy

# of Homes Sold

15

Median Sold Price for 2BR

$575K

Median Sold Price for 3BR

$625K 

Median Sold Price for 4+BR

$632K 

# of Condos/Townhomes Sold

5

Median Sold Price of Condos/Townhomes

$595K 

Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.

Sold Price vs Days on Market for Downtown Gilroy Over the Previous 12 Months

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Downtown Gilroy house prices have seen a median sales price of $609,000 over the last 180 days - a -2.6% decrease in comparison to the previous twelve months. In the same 180 days, 20 properties have closed escrow in the area, 15 of which were single family residences, and the remaining 5 of which were condos or townhomes. The single family residences in Downtown Gilroy had an average list price of $604,233 and were on the market for 46 days on average, with a sold to list price ratio of 96% in the past 180 days. In terms of size, the median square footage for single family residences was 1322, with the average price per square foot sitting at $442. The median sold price for a three bedroom home in the area was $625,500, compared with $632,000 for a four bedroom. Over the last 180 days, housing prices in Downtown Gilroy had a median sold to list price ratio for single family residences of 96%, which is -1% less compared to the past 12 months. This shows a slightly downward trend in the Downtown Gilroy real estate market.

According to the MLS, there are currently 2 single family residences for sale in Downtown Gilroy in addition to 4 condos and townhomes, all of which are averaging 35 days on the market. Of the single family residences, the average list price is sitting at $660,000 – 0% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $574,875 means that prices are sitting at 0.1% less compared to the past 90 days.

Downtown Gilroy has approximately 1,814 households, with the average home built around around 1961. Of all of the households found in Downtown Gilroy today, roughly 47% are married and 47% have children, with an average income of $70,503 and about 14% of residents possessing a bachelor’s degree.

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