Mary Pope-Handy's Market Report

Campbell, CA

Condos/Townhomes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Campbell, CA

Fri Aug 23 2019
This week the median list price for Campbell, CA is $896,500 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 34. 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

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 Aug 23 2019
This week the median list price for Campbell, CA is $896,500 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 34. 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

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 $896,500
Per Square Foot $662
Days on Market 38
Price Decreased 50%
Price Increased 0%
Relisted 3%
Inventory 34
Median Apartment Rent $2,993
Most Expensive $1,689,000
Least Expensive $499,000
Market Action Index
Slight Seller's Advantage
43

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
$1,314,000 1,955 0 - 4,500 sqft 3 3 14 3 2 46
$998,999 1,523 0 - 4,500 sqft 3 3 38 0 2 40
$859,000 1,344 0 - 4,500 sqft 2 3 37 3 0 21
$622,000 841 0 - 4,500 sqft 2 2 37 1 0 45