Intero's Market Report

Milpitas, CA

Single-Family Homes



Milpitas, CA

Fri Apr 23 2021
This week the median list price for Milpitas, CA is $1,300,000 with the market action index hovering around 80. This is an increase over last month's market action index of 75. Inventory has held steady at or around 11. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Milpitas, CA

Fri Apr 23 2021
This week the median list price for Milpitas, CA is $1,300,000 with the market action index hovering around 80. This is an increase over last month's market action index of 75. Inventory has held steady at or around 11. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,300,000
Per Square Foot $688
Days on Market 7
Price Decreased 9%
Price Increased 9%
Relisted 0%
Inventory 11
Median Rent $3,475
Most Expensive $1,999,950
Least Expensive $786,000
Market Action 80
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,894,475 3,518 4,500 - 6,500 sqft 5 5 4 1 2 7
$1,598,000 2,413 0 - 4,500 sqft 4 3 22 1 3 7
$1,299,950 1,772 0 - 4,500 sqft 4 3 30 0 1 14
$1,199,000 1,615 0 - 4,500 sqft 3 3 30 1 3 7