Intero's Market Report

Milpitas, CA 95035

Single-Family Homes



Milpitas, CA 95035

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. 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

Market Narrative

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.

Milpitas, CA 95035

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. 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

Market Narrative

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.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
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.

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
$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