Market Report - The Brasil Group

Milpitas, CA 95035

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Milpitas, CA 95035

Wed Sep 22 2021
This week the median list price for Milpitas, CA 95035 is $1,233,400 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has increased to 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Milpitas, CA 95035

Wed Sep 22 2021
This week the median list price for Milpitas, CA 95035 is $1,233,400 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has increased to 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,233,400
Median Price of New Listings $1,178,000
Per Square Foot $830
Average Days on Market 16
Median Days on Market 7
Price Decreased 13%
Price Increased 19%
Relisted 13%
Inventory 16
Median Rent $3,750
Market Action 71
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

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
$1,598,900 1,944 4,500 - 6,500 sqft 4 3 49 2 1 17
$1,307,000 1,705 4,500 - 6,500 sqft 4 2 59 0 1 14
$1,183,000 1,339 4,500 - 6,500 sqft 2 2 47 2 0 3
$993,444 1,037 4,500 - 6,500 sqft 3 2 61 3 2 0