Morgan Hill: December Housing Market Update | By Eddie Oberoi and Andres Valencia
Hey Morgan Hill! Welcome to your December market update and year-end review. Throughout 2025, the common prediction was that the real estate market would stall out. However, as Andres Valencia and Eddie Oberoi discuss, the actual numbers tell a completely different story. Join us as we break down why Morgan Hill defied the "stall" predictions and what experts are forecasting for 2026.
Morgan Hill Market Snapshot
Activity remains solid heading right into the holidays. Here is where we stand as of November:
- Active Listings: 93
- Homes Pending: 42
- Homes Sold (Nov): 35
Year-End Review: Growth, Not Stagnation
Beating 2024 Numbers
When you zoom out and look at the entire year, the resilience of the Morgan Hill market becomes clear. Despite the noise and uncertainty:
- 2025 Sales (YTD): 432 homes sold
- 2024 Sales (Same Period): 421 homes sold
Morgan Hill actually had more sales this year than last. While other markets may have slowed, this area stayed attractive because buyers still prioritize the unique mix of space, schools, and lifestyle that Morgan Hill offers. This wasn't a crash year; it was a steady demand year.
The 2026 Forecast: A "Reset" Year
What Economists Are Saying
The big conversation now is about 2026. Should you wait for lower rates? Forecasters like Redfin and Zillow are calling 2026 more of a reset than a rebound. Here is what to expect:
- Modest Growth: Expect more transactions and prices growing slowly, rather than surging or collapsing.
- Interest Rates: While the Fed is cutting rates, most projections see mortgage rates hovering in the 6% range—not returning to 3%.
- Inventory & Competition: Waiting won't necessarily mean "dirt cheap" prices. It will likely mean slightly more inventory and easier payments, but also increased competition from buyers currently sitting on the sidelines.
Strategic Advice for 2026
For Sellers: Quality Wins
2025 proved that good homes still win. Properties that were clean, updated, and priced right flew off the shelf. In this market, strategy, prep, and presentation matter more than ever.
For Buyers: Position Yourself Now
The question isn't "will the market crash?"—it's "what is the smartest way to position myself for 2026?" With a steady reset on the horizon, getting a strategy in place now is crucial to navigating the coming competition.
Final Thoughts
The Morgan Hill story is clear: demand is still here, and next year looks like a steady reset rather than a roller coaster. If you want to break down exactly what these numbers mean for your specific situation, let's talk.
Ready to plan for 2026? Reach out to us anytime. We'll walk you through it.
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