Tue May 18 2021
This week the median list price for Milpitas, CA 95035 is $1,242,000 with the market action index hovering around 90. This is an increase over last month's market action index of 86. Inventory has decreased to 7.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,242,000|
|Median Price of New Listings||$1,171,000|
|Per Square Foot||$783|
|Average Days on Market||14|
|Median Days on Market||0|
|Strong Seller's Market|
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,588,888||2,029||4,500 - 6,500 sqft||4||3||53||1||2||0|
|$1,424,444||1,625||4,500 - 6,500 sqft||4||2||43||0||1||21|
|$1,220,500||1,563||4,500 - 6,500 sqft||3||2||51||1||1||28|
|$1,074,500||1,436||0 - 4,500 sqft||2||2||49||2||1||0|