Theresa's Real Estate Market Report

Campbell, CA 95008

Single-Family Homes

Theresa Wellman | 408.839.4196, voice or text | https://www.HomeownerExperience.com/


Campbell, CA 95008

Sun Dec 10 2023
This week the median list price for Campbell, CA 95008 is $2,499,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has decreased to 15. Click here to stay informed with the Campbell market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Campbell, CA 95008

Sun Dec 10 2023
This week the median list price for Campbell, CA 95008 is $2,499,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has decreased to 15. Click here to stay informed with the Campbell market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $2,499,000
Median Price of New Listings $1,499,500
Per Square Foot $1,090
Average Days on Market 85
Median Days on Market 42
Price Decreased 33%
Price Increased 20%
Relisted 13%
Inventory 15
Median Rent
Market Action 57
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,660,000 3,994 0.25 - 0.5 acre 5 3.5 0 0 0 35
$2,814,500 2,602 6,500 - 8,000 sqft 4 3 13 0 0 122
$2,177,000 1,793 8,000 - 10,000 sqft 3 2.3 84 0 0 94
$1,693,000 1,583 4,500 - 6,500 sqft 3 2.5 57 1 2 21