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

Fri Apr 12 2024
This week the median list price for Campbell, CA 95008 is $1,887,450 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has increased to 16. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Campbell, CA 95008

Fri Apr 12 2024
This week the median list price for Campbell, CA 95008 is $1,887,450 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has increased to 16. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $1,887,450
Median Price of New Listings $1,875,000
Per Square Foot $1,011
Average Days on Market 29
Median Days on Market 0
Price Decreased 31%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 71
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,964,000 3,711 0.25 - 0.5 acre 5 4.3 0 1 0 31
$2,348,444 2,427 6,500 - 8,000 sqft 4 2.8 39 3 2 0
$1,819,500 1,581 4,500 - 6,500 sqft 4 2.3 40 2 3 10
$1,662,000 1,444 6,500 - 8,000 sqft 3 2 68 3 0 0