Morgan Hill: February Housing Market Update | By Eddie Oberoi and Andres Valencia

Market Statistics

• Active Listings: 61
• Homes Pending: 53
• Homes Sold in January 2026: 35
• Homes Sold in January 2025: 32 (slight year-over-year increase — a great early sign)

Quietly Building Momentum

Strong Start to the Year

Morgan Hill came into 2026 with real energy. January closed with 35 sales — up from 32 last year — which is a great sign this early in the year. But the real headline is the pending number: with 53 homes already under contract, demand is clearly alive and well. Buyers came back from the holidays quickly, open house activity has been strong, and the early-year momentum feels steady rather than rushed.

What's Driving the Morgan Hill Market?

Key Market Insights

• Sales Up Year-Over-Year: January's 35 sales versus 32 last year shows a slight but meaningful increase — especially impressive this early in the season.
• 53 Pendings Tell the Real Story: When you've got more than 50 homes already under contract, it tells you buyers aren't just looking — they're committing.
• Lifestyle Is the Draw: The space, the schools, and the balance between suburban comfort and Bay Area access keep bringing buyers back to Morgan Hill. That appeal hasn't changed.
• Holiday Listings Are Getting Fresh Attention: Homes that lingered through the holiday season are now picking up interest. It's not just new listings generating activity — overall buyer engagement is up.
• Steady Momentum Into Spring: With inventory still relatively tight and buyers stepping in sooner, the early-year momentum feels consistent. If this continues into March and April, Morgan Hill is looking at a healthy spring market.

Strategic Advice for Buyers and Sellers

For Buyers:

• The Lifestyle Value Is Real: Morgan Hill offers something unique in the Bay Area — space, schools, and suburban comfort with access to major job hubs. If that fits your lifestyle, this market is worth your attention.
• Act While Momentum Is Building: With 53 homes already pending, well-priced homes aren't sitting around. Be prepared to move when you find the right fit.
• Don't Overlook Older Listings: Homes that sat during the holidays are getting renewed attention. Some of the best value right now is in properties that are being freshly reconsidered.
• Come Prepared: Financing, criteria, and decisiveness are what separate the buyers who win from the ones who watch. This market rewards preparation.

For Sellers:

• Demand Is Strong and Growing: With 53 pendings and sales up year-over-year, the buyer pool is active and engaged. Now is a strong time to list.
• Presentation Drives Results: The homes attracting the most attention and the strongest offers are the ones that show well. Invest in staging and marketing — it pays off.
• Price It Right From the Start: Buyers are active but selective. The homes moving fastest are priced correctly from day one, not chasing the market after weeks of sitting.
• Spring Timing Is in Your Favor: If this early momentum carries into March and April, spring could be a strong selling season. Positioning your home now puts you ahead of the curve.

Final Thoughts

Morgan Hill is quietly building momentum heading into 2026. With 35 homes sold in January (up from 32 last year), 53 already pending, and strong open house traffic across the board, the market is off to an encouraging start. The lifestyle appeal — space, schools, and suburban comfort with Bay Area access — continues to draw buyers in.

The early-year energy feels steady rather than rushed, and if this pattern continues into March and April, Morgan Hill could be looking at a very healthy spring market. Whether you're buying or selling, now is the time to have a clear strategy in place.

If you have any questions or you're thinking about making a move, reach out to us at eddieoberoi.com. We'll see you soon, Morgan Hill!