Mary Pope-Handy's Market Report

Milpitas, CA

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Milpitas, CA

Fri May 09 2025
This week the median list price for Milpitas, CA is $1,748,944 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has increased to 32. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Milpitas, CA

Fri May 09 2025
This week the median list price for Milpitas, CA is $1,748,944 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has increased to 32. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,748,944
Median Price of New Listings $1,863,944
Per Square Foot $1,027
Average Days on Market 56
Median Days on Market 14
Price Decreased 22%
Price Increased 0%
Relisted 3%
Inventory 32
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,819,443 2,414 8,000 - 10,000 sqft 3 3 39 2 2 17
$1,899,000 1,812 4,500 - 6,500 sqft 4 2.5 47 3 3 21
$1,624,500 1,688 0 - 4,500 sqft 4 2.5 46 1 2 17
$1,393,500 1,097 4,500 - 6,500 sqft 3 2 67 2 0 14