Scott's Real Estate Market Report

Milpitas, CA

Single-Family Homes

Scott Perry | (408) 394-1649 | https://scottperryrealtor.com



Milpitas, CA

Sun Nov 30 2025
This week the median list price for Milpitas, CA is $1,649,499 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has decreased to 12. Click here to stay informed with the Milpitas market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Milpitas, CA

Sun Nov 30 2025
This week the median list price for Milpitas, CA is $1,649,499 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has decreased to 12. Click here to stay informed with the Milpitas market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,649,499
Median Price of New Listings $1,550,000
Per Square Foot $964
Average Days on Market 190
Median Days on Market 91
Price Decreased 8%
Price Increased 8%
Relisted 25%
Inventory 12
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$6,600,000 1,750 10 - 20 acres 3 2 55 0 1 427
$1,988,000 2,566 4,500 - 6,500 sqft 4 3 44 0 1 98
$1,550,000 1,547 4,500 - 6,500 sqft 3 2 65 1 1 49
$1,448,888 1,370 0 - 4,500 sqft 4 2 56 0 0 84