Intero's Market Report

Milpitas, CA

Single-Family Homes



Milpitas, CA

Thu Sep 16 2021
This week the median list price for Milpitas, CA is $1,251,800 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has increased to 13. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Milpitas, CA

Thu Sep 16 2021
This week the median list price for Milpitas, CA is $1,251,800 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has increased to 13. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,251,800
Median Price of New Listings $1,251,800
Per Square Foot $826
Average Days on Market 17
Median Days on Market 14
Price Decreased 15%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent $3,775
Market Action 69
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
$1,399,000 1,692 4,500 - 6,500 sqft 4 3 44 1 2 28
$1,329,000 1,605 4,500 - 6,500 sqft 3 2 50 1 0 7
$1,249,000 1,700 4,500 - 6,500 sqft 4 2 59 2 1 0
$1,075,000 1,476 4,500 - 6,500 sqft 3 2 49 1 3 14