Market Report - The Brasil Group

Milpitas, CA 95035

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Milpitas, CA 95035

Tue May 18 2021
This week the median list price for Milpitas, CA 95035 is $899,000 with the market action index hovering around 87. This is about the same as last month's market action index of 87. Inventory has decreased to 15. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Milpitas, CA 95035

Tue May 18 2021
This week the median list price for Milpitas, CA 95035 is $899,000 with the market action index hovering around 87. This is about the same as last month's market action index of 87. Inventory has decreased to 15. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $899,000
Median Price of New Listings $1,059,999
Per Square Foot $654
Average Days on Market 9
Median Days on Market 0
Price Decreased 7%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent $2,965
Market Action 87
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,275,000 2,135 0 - 4,500 sqft 4 4 8 3 2 0
$1,069,499 1,572 0 - 4,500 sqft 3 3 7 3 3 0
$779,388 1,259 0 - 4,500 sqft 2 2 14 2 1 3
$693,944 929 0 - 4,500 sqft 1 1 14 1 2 14