Mary Pope-Handy's Market Report

Milpitas, CA

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Milpitas, CA

Sat Jan 16 2021
This week the median list price for Milpitas, CA is $2,625,000 with the market action index hovering around 75. This is an increase over last month's market action index of 73. Inventory has held steady at or around 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Milpitas, CA

Sat Jan 16 2021
This week the median list price for Milpitas, CA is $2,625,000 with the market action index hovering around 75. This is an increase over last month's market action index of 73. Inventory has held steady at or around 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $2,625,000
Per Square Foot $839
Days on Market 105
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent $3,475
Most Expensive $7,000,000
Least Expensive $998,800
Market Action 75
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$7,000,000 1,700 N/A 3 2 61 0 0 483
$3,645,000 3,196 5 - 10 acres 3 4 42 0 0 87
$1,902,500 3,392 6,500 - 8,000 sqft 4 3 47 0 2 35
$1,013,800 1,168 4,500 - 6,500 sqft 3 2 56 1 1 3