Mary Pope-Handy's Market Report

Campbell, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Campbell, CA

Fri Sep 20 2019
This week the median list price for Campbell, CA is $1,472,500 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has held steady at or around 60. 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.

Slight Seller's Advantage

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

Fri Sep 20 2019
This week the median list price for Campbell, CA is $1,472,500 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has held steady at or around 60. 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.

Slight Seller's Advantage

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 $1,472,500
Per Square Foot $833
Days on Market 54
Price Decreased 55%
Price Increased 2%
Relisted 10%
Inventory 60
Median House Rent $3,995
Most Expensive $3,475,000
Least Expensive $899,950
Market Action Index
Slight Seller's Advantage
38

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
$2,349,000 2,817 0.25 - 0.5 acre 4 4 3 1 1 56
$1,589,999 2,185 8,000 - 10,000 sqft 4 3 50 3 1 49
$1,350,000 1,603 6,500 - 8,000 sqft 3 2 58 4 0 50
$1,148,000 1,381 6,500 - 8,000 sqft 3 2 57 2 1 63