Mary Pope-Handy's Market Report

Campbell, CA

Condos/Townhomes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Campbell, CA

Thu Feb 21 2019
This week the median list price for Campbell, CA is $1,135,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 10. Click here to stay informed with the Campbell market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Campbell, CA

Thu Feb 21 2019
This week the median list price for Campbell, CA is $1,135,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 10. Click here to stay informed with the Campbell market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $1,135,000
Per Square Foot $728
Days on Market 35
Price Decreased 20%
Price Increased 20%
Relisted 0%
Inventory 10
Median Apartment Rent $2,750
Most Expensive $1,689,000
Least Expensive $798,000
Market Action Index
Strong Seller's Market
56

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
$1,505,495 2,072 0 - 4,500 sqft 3 3 2 0 0 21
$1,271,995 2,141 0 - 4,500 sqft 3 2 12 1 0 14
$1,050,000 1,432 0 - 4,500 sqft 3 3 44 0 0 93
$839,900 1,018 0 - 4,500 sqft 2 2 55 1 0 0