Mary Pope-Handy's Market Report

Campbell, CA

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Campbell, CA

Sat Jul 20 2024
This week the median list price for Campbell, CA is $2,149,944 with the market action index hovering around 76. This is less than last month's market action index of 82. Inventory has decreased 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Campbell, CA

Sat Jul 20 2024
This week the median list price for Campbell, CA is $2,149,944 with the market action index hovering around 76. This is less than last month's market action index of 82. Inventory has decreased 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Campbell market.
Median List Price $2,149,944
Median Price of New Listings $1,795,000
Per Square Foot $1,129
Average Days on Market 39
Median Days on Market 18
Price Decreased 6%
Price Increased 6%
Relisted 0%
Inventory 16
Median Rent
Market Action 76
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
$3,647,000 3,524 8,000 - 10,000 sqft 5 4 16 0 1 38
$2,200,000 2,186 0.25 - 0.5 acre 3 2.5 73 1 3 17
$1,944,000 1,660 6,500 - 8,000 sqft 3 2 67 2 2 3
$1,561,500 1,302 4,500 - 6,500 sqft 3 2 68 2 4 3