Mary Pope-Handy's Market Report

Campbell, CA

Condos/Townhomes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Campbell, CA

Fri Apr 19 2019
This week the median list price for Campbell, CA is $809,975 with the market action index hovering around 55. This is less than last month's market action index of 63. Inventory has held steady at or around 16. 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Campbell, CA

Fri Apr 19 2019
This week the median list price for Campbell, CA is $809,975 with the market action index hovering around 55. This is less than last month's market action index of 63. Inventory has held steady at or around 16. 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $809,975
Per Square Foot $695
Days on Market 15
Price Decreased 13%
Price Increased 0%
Relisted 0%
Inventory 16
Median Apartment Rent $2,500
Most Expensive $1,599,000
Least Expensive $598,000
Market Action Index
Strong Seller's Market
55

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,149,000 1,588 0 - 4,500 sqft 3 3 28 3 1 21
$862,000 1,210 0 - 4,500 sqft 2 2 37 3 1 22
$794,444 1,279 0 - 4,500 sqft 2 2 39 2 0 7
$671,475 874 0 - 4,500 sqft 2 1 35 0 0 12