Your Real Estate Market Update

Milpitas, CA

Single-Family Homes

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Milpitas, CA

Sun Jun 22 2025
This week the median list price for Milpitas, CA is $1,649,999 with the market action index hovering around 36. This is less than last month's market action index of 46. Inventory has held steady at or around 35. Click here to stay informed with the Milpitas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Milpitas, CA

Sun Jun 22 2025
This week the median list price for Milpitas, CA is $1,649,999 with the market action index hovering around 36. This is less than last month's market action index of 46. Inventory has held steady at or around 35. Click here to stay informed with the Milpitas market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,649,999
Median Price of New Listings $1,650,000
Per Square Foot $960
Average Days on Market 83
Median Days on Market 42
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 35
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$2,950,000 2,611 0.25 - 0.5 acre 4 2.5 41 0 2 63
$1,685,000 1,682 4,500 - 6,500 sqft 4 2.5 62 2 1 7
$1,590,000 1,867 4,500 - 6,500 sqft 4 2 64 1 0 42
$1,349,000 1,233 4,500 - 6,500 sqft 3 2 64 0 1 42