Mary Pope-Handy's Market Report

Campbell, CA 95008

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Campbell, CA 95008

Tue Aug 09 2022
This week the median list price for Campbell, CA 95008 is $1,793,000 with the market action index hovering around 50. This is less than last month's market action index of 62. Inventory has increased to 38. 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 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 95008

Tue Aug 09 2022
This week the median list price for Campbell, CA 95008 is $1,793,000 with the market action index hovering around 50. This is less than last month's market action index of 62. Inventory has increased to 38. 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 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 $1,793,000
Median Price of New Listings $1,398,888
Per Square Foot $1,081
Average Days on Market 41
Median Days on Market 35
Price Decreased 50%
Price Increased 3%
Relisted 0%
Inventory 38
Median Rent
Market Action 50
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$2,838,000 3,170 8,000 - 10,000 sqft 4 4 23 0 1 28
$1,999,000 1,755 8,000 - 10,000 sqft 3 3 68 1 3 35
$1,699,000 1,432 6,500 - 8,000 sqft 3 2 58 0 2 35
$1,343,500 1,152 6,500 - 8,000 sqft 3 2 63 4 2 17