Mary Pope-Handy's Market Report

Campbell, CA 95008

Single-Family Homes

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


Campbell, CA 95008

Tue Mar 28 2023
This week the median list price for Campbell, CA 95008 is $1,923,500 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has increased to 18. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Mar 28 2023
This week the median list price for Campbell, CA 95008 is $1,923,500 with the market action index hovering around 60. This is an increase over last month's market action index of 59. Inventory has increased to 18. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,923,500
Median Price of New Listings $1,743,444
Per Square Foot $1,022
Average Days on Market 26
Median Days on Market 18
Price Decreased 22%
Price Increased 6%
Relisted 0%
Inventory 18
Median Rent
Market Action 60
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$3,491,500 3,213 8,000 - 10,000 sqft 5 4.3 1 0 0 52
$2,249,450 2,424 8,000 - 10,000 sqft 4 2.8 69 1 0 14
$1,799,000 1,864 4,500 - 6,500 sqft 4 2.5 63 1 1 14
$1,488,888 1,178 4,500 - 6,500 sqft 3 2 61 2 0 7