Intero's Market Report

Milpitas, CA

Single-Family Homes



Milpitas, CA

Mon Jan 24 2022
This week the median list price for Milpitas, CA is $1,381,500 with the market action index hovering around 84. This is less than last month's market action index of 89. Inventory has increased to 8. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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.

Milpitas, CA

Mon Jan 24 2022
This week the median list price for Milpitas, CA is $1,381,500 with the market action index hovering around 84. This is less than last month's market action index of 89. Inventory has increased to 8. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since 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 Milpitas market.
Median List Price $1,381,500
Median Price of New Listings $1,395,000
Per Square Foot $884
Average Days on Market 31
Median Days on Market 0
Price Decreased 0%
Price Increased 13%
Relisted 13%
Inventory 8
Median Rent $3,800
Market Action 84
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,614,000 1,863 4,500 - 6,500 sqft 3 2.5 37 1 1 59
$1,442,500 1,627 0 - 4,500 sqft 3 2.5 37 2 0 0
$1,334,000 1,508 4,500 - 6,500 sqft 4 2 74 1 2 59
$1,249,444 1,960 4,500 - 6,500 sqft 5 3 62 1 1 3