Mary Pope-Handy's Market Report

Campbell, CA

Condos/Townhomes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Campbell, CA

Mon Oct 14 2019
This week the median list price for Campbell, CA is $897,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 30. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Campbell, CA

Mon Oct 14 2019
This week the median list price for Campbell, CA is $897,000 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 30. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $897,000
Per Square Foot $661
Days on Market 66
Price Decreased 60%
Price Increased 3%
Relisted 10%
Inventory 30
Median Apartment Rent $2,800
Most Expensive $1,689,000
Least Expensive $549,000
Market Action Index
Slight Seller's Advantage
41

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
$1,248,000 1,947 0 - 4,500 sqft 3 3 4 0 0 86
$968,000 1,414 0 - 4,500 sqft 3 3 37 0 1 88
$878,500 1,373 0 - 4,500 sqft 2 3 39 1 2 36
$688,500 987 0 - 4,500 sqft 2 1 37 1 2 56