Single-Family Homes
Mon Jun 09 2025
This week the median list price for Milpitas, CA 95035 is $1,649,999 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has held steady at or around 35.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.
Median List Price | $1,649,999 | |
Median Price of New Listings | $1,675,000 | |
Per Square Foot | $1,010 | |
Average Days on Market | 75 | |
Median Days on Market | 35 | |
Price Decreased | 20% | |
Price Increased | 0% | |
Relisted | 11% | |
Inventory | 35 | |
Median Rent | ||
Market Action | 54 | |
Strong Seller's Market |
Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$3,352,000 | 2,973 | 0.25 - 0.5 acre | 4 | 3.3 | 37 | 1 | 2 | 56 |
$1,699,000 | 1,584 | 4,500 - 6,500 sqft | 4 | 2 | 59 | 4 | 2 | 14 |
$1,429,000 | 1,459 | 4,500 - 6,500 sqft | 4 | 2 | 64 | 2 | 0 | 35 |
$1,323,000 | 1,025 | 4,500 - 6,500 sqft | 3 | 2 | 64 | 0 | 0 | 42 |