Market Report - The Brasil Group

Campbell, CA 95008

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Campbell, CA 95008

Mon May 17 2021
This week the median list price for Campbell, CA 95008 is $1,600,000 with the market action index hovering around 81. This is less than last month's market action index of 85. Inventory has increased to 23. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Campbell, CA 95008

Mon May 17 2021
This week the median list price for Campbell, CA 95008 is $1,600,000 with the market action index hovering around 81. This is less than last month's market action index of 85. Inventory has increased to 23. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $1,600,000
Median Price of New Listings $1,550,000
Per Square Foot $1,005
Average Days on Market 38
Median Days on Market 14
Price Decreased 13%
Price Increased 13%
Relisted 4%
Inventory 23
Median Rent $3,673
Market Action 81
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,299,888 3,250 8,000 - 10,000 sqft 5 5 2 1 0 42
$1,849,000 1,840 6,500 - 8,000 sqft 3 2 73 1 3 38
$1,574,000 1,565 4,500 - 6,500 sqft 3 2 60 5 2 0
$1,324,000 1,325 6,500 - 8,000 sqft 3 2 66 2 2 7