Mary Pope-Handy's Market Report

Campbell, CA 95008

Condos/Townhomes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog


Campbell, CA 95008

Tue Oct 15 2024
This week the median list price for Campbell, CA 95008 is $703,500 with the market action index hovering around 57. This is less than last month's market action index of 62. Inventory has decreased to 14. 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

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Campbell, CA 95008

Tue Oct 15 2024
This week the median list price for Campbell, CA 95008 is $703,500 with the market action index hovering around 57. This is less than last month's market action index of 62. Inventory has decreased to 14. 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

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Campbell market.
Median List Price $703,500
Median Price of New Listings $1,098,000
Per Square Foot $724
Average Days on Market 72
Median Days on Market 46
Price Decreased 29%
Price Increased 0%
Relisted 29%
Inventory 14
Median Rent
Market Action 57
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
$1,149,000 1,331 0 - 4,500 sqft 2 3 46 1 1 42
$849,000 1,188 0 - 4,500 sqft 2 2 44 0 0 105
$663,950 841 0 - 4,500 sqft 2 1.5 53 0 0 101
$547,950 704 0 - 4,500 sqft 1 1 46 0 0 10