Market Report - The Brasil Group

Milpitas, CA 95035

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Milpitas, CA 95035

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. 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 95035

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. 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 $1,242,000
Median Price of New Listings $1,171,000
Per Square Foot $783
Average Days on Market 14
Median Days on Market 0
Price Decreased 29%
Price Increased 14%
Relisted 0%
Inventory 7
Median Rent $3,500
Market Action 90
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.

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
$1,588,888 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