Intero's Market Report

Milpitas, CA

Single-Family Homes



Milpitas, CA

Mon Dec 11 2023
This week the median list price for Milpitas, CA is $1,499,000 with the market action index hovering around 69. This is less than last month's market action index of 75. Inventory has increased to 9. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Milpitas, CA

Mon Dec 11 2023
This week the median list price for Milpitas, CA is $1,499,000 with the market action index hovering around 69. This is less than last month's market action index of 75. Inventory has increased to 9. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,499,000
Median Price of New Listings $1,448,888
Per Square Foot $1,380
Average Days on Market 116
Median Days on Market 49
Price Decreased 44%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 69
Strong Seller's Market

Despite this week’s down tic, price trends have generally been moving up lately. Prices are below the market’s high point, and so watch the Market Action Index as an indicator of how long this trend will last.

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
$11,245,000 4,375 N/A 4 3.8 52 0 0 220
$3,769,500 1,865 10 - 20 acres 3 2.3 54 1 0 224
$1,473,944 1,619 8,000 - 10,000 sqft 4 2 61 1 0 38
$1,298,000 978 4,500 - 6,500 sqft 3 1 63 1 0 21