Monthly market wrap MONTHLY MARKET WRAP Gilroy Single-family homes · May 2026 The Gilroy market eased in May: most key signals moved the buyer's way. Median sale price $1.18M ▲ +6.9% vs Apr Time to pending 22d ▲ 7 days slower vs Apr Sold over asking 35% ▼ -10 pts vs Apr Active listings 67 ▲ +13.6% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Gilroy Single-family homes · May 2026 35% of Gilroy SFHs sold over asking, so pricing right matters more than ever. 99.0% average sale price vs. asking price Sold over asking 35% vs. a year ago -13 pts 101.4% 100.7% 99.9% Sold at asking price 99.0% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Gilroy Single-family homes · May 2026 Gilroy SFHs are closing +1.0% below asking. The list price has become a starting point. +$91K median sale price minus asking price Median asking price $1.08M Median sale price $1.18M $1.18M $1.06M $946K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Gilroy Single-family homes · May 2026 Gilroy SFH values are climbing, up +11.9% in a year. $1.18M median sale price Year over year +11.9% Homes sold last month 26 $1.12M $975K $834K $1.18M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Gilroy Single-family homes · May 2026 The typical Gilroy SFH goes pending in 22 days, 10 days slower than last year. 22 days median time to pending Gone within two weeks 37% vs. a year ago 10 days slower 61d 41d 20d 22d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Gilroy Single-family homes · May 2026 Gilroy inventory is down 4.3% year over year, a steadier supply picture for SFHs. 67 active listings Year over year -4.3% Months of supply 2.6 85 63 40 67 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Gilroy? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Gilroy Single-family homes · May 2026 1 in 3 Gilroy listings cut its asking price last month. 33% of active listings cut their asking price vs. a year ago +3 pts Active listings 67 32% 24% 16% 33% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Gilroy Single-family homes · May 2026 Gilroy moves at two speeds: 37% of SFHs were gone inside two weeks while the rest sat longer. 37% of listings went pending within two weeks Median time to pending 22 days vs. a year ago +12 pts 42% 28% 14% Half of listings 37% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Gilroy Single-family homes · May 2026 December is historically Gilroy's calmest month for buyers: 2.1 pts less over-asking than May. December historically the calmest month for buyers Buyer's edge vs May -2.1 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.0 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Gilroy Single-family homes · May 2026 A Gilroy SFH bought in 2016 has gained +83% in value since. +83% median sale price growth since 2016 Median price in 2016 $641K Average gain per year +6.2% $1.04M $886K $729K $1.18M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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