Property Management in Morgan Hill, California
Located south of San Jose, about 10 miles, in the southern most point of Silicon Valley, lies beautiful Morgan Hill, California. For more than 6,000 years, this serene spot was home to Costanoan Native Americans until about 1776. After a series of land grants, purchases and marriages, the land was finally named after local rancher Hiram Morgan Hill.
Morgan Hill, California Details
The ranch which was established in 1884 and is now called Villa Mira Monte. What started off as thousands of acres, is now a 2.5 acre historical landmark park opened to visitors. While at Villa Mira Monte you can explore the Lake Stick style home, gardens and more.
Today, this spectacular spot is home to about 41,000 residents who have a median household income of just over $96,000. Also, nearly all the residents hold at least a Bachelor’s degree or higher.
Morgan Hill is definitely a white-collar city, with around 85% of those employed there working in sales, office and professional/managerial roles.
Part of the reason so many young adults, more than half of the population is under 25 years old, are drawn to this location is due to the job market and number of activities available.
If you are the outdoorsy type, this is the place for you. The ideal climate in this part of California is picture perfect all year long. Residents tend to indulge in boating, golfing, swimming, hiking and cycling regularly.
Green, lush hills provide an exceptional setting for the award-winning wineries and farms as well. Here, you can roam a local farm and pick fruits and vegetables along the way, which gives a whole new meaning to fresh produce. Around 1.2 million people visit Morgan Hill every year to sip on delicious wines from local vineyards like Guglielmo Winery, Ross Vineyards and Winery Castillo’s Hillside Shire Winery.
If you are not into picking your own food, the downtown area offers a treat for every culinary taste and desire. The more than 100 restaurants offering everything from snapper to steak and burgers to barbecue will undoubtedly have something decadent that satisfies your taste buds.
The median house is this area is valued at $811,299 which makes it some of the most expensive real estate in the state of California and the country as a whole. The most popular type of dwelling is a single-family detached house which accounts for about 61% of the housing units.
Appreciation rates in this highly sought after location, have been tracking well above average for the past decade, according to Neighborhood Scout statistics. The cumulative appreciation rate of 20%, puts the city’s ranking within the top 40% in the nation. The annual average breaks down to nearly 2%.
Despite the United States seeing a downturn in the housing market, Morgan Hill continues to flourish and the trend does look like it will slow down any time soon.
For additional information, please feel free to contact our office.
Morgan Hill Property Management
Our property management team specializes in residential areas throughout Morgan Hill, CA. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands. Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Morgan Hill area property management services.