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Market Pulse

Gilroy market insights

A local market update for Townhouse, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPGilroyTownhouses · April 2026Gilroy held steady in April: the keymarket signals were mixed.Median sale price$745K▼ -12.4% vs MarTime to pending28d▼ 63 days faster vs MarSold over asking100%+0 pts vs MarActive listings5▲ +25.0% vs MarGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGGilroyTownhouses · April 2026Bidding wars are the norm in Gilroy:100% of townhouses sold over asking.100.0%average sale price vs. asking priceSold over asking100%vs. a year agoN/A103.6%101.1%98.6%Sold at asking price100.0%Oct 2022Jul 2024Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPGilroyTownhouses · April 2026Gilroy townhouses are selling right atasking price, on average.-$454Kmedian sale price minus asking priceMedian asking price$1.2MMedian sale price$745K$1.09M$888K$688KSoldAskingOct 2022Oct 2024Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEGilroyTownhouses · April 2026Where Gilroy townhouse values standright now.$745Kmedian sale priceYear over yearN/AHomes sold last month2$786K$646K$505K$745KDec 2015Sep 2020Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLGilroyTownhouses · April 2026The typical Gilroy townhouse goespending in 28 days.28 daysmedian time to pendingGone within two weeksN/Avs. a year agoN/A105d70d35d28dOct 2022Jul 2024Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSGilroyTownhouses · April 2026Gilroy buyers have 5 active townhousesto choose from.5active listingsYear over yearN/AMonths of supply2.56425Oct 2022Jul 2024Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSGilroyTownhouses · April 20261 in 2 Gilroy listings cut its askingprice last month.80%of active listings cut their asking pricevs. a year agoN/AActive listings562%51%40%80%Jun 2023Sep 2025Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETGilroyTownhouses · March 2026Gilroy moves at two speeds: 50% oftownhouses were gone inside two weekswhile the rest sat longer.50%of listings went pending within two weeksMedian time to pending91 daysvs. a year agoN/A68%42%15%Half of listings50%Oct 2022May 2024Mar 2026Generated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEGilroyTownhouses · April 2026A Gilroy townhouse bought in 2016 hasgained +87% in value since.+87%median sale price growth since 2016Median price in 2016$398KAverage gain per year+6.5%$697K$550K$403K$745KJan 2015Feb 2020Apr 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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