Mary Pope-Handy's Market Report

Milpitas, CA

Condos/Townhomes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Milpitas, CA

Mon Apr 06 2020
This week the median list price for Milpitas, CA is $998,997 with the market action index hovering around 65. This is an increase over last month's market action index of 63. Inventory has held steady at or around 20. 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 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

Mon Apr 06 2020
This week the median list price for Milpitas, CA is $998,997 with the market action index hovering around 65. This is an increase over last month's market action index of 63. Inventory has held steady at or around 20. 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 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 $998,997
Per Square Foot $643
Days on Market 57
Price Decreased 10%
Price Increased 5%
Relisted 0%
Inventory 20
Median Rent $3,625
Most Expensive $1,274,995
Least Expensive $455,000
Market Action 65
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,199,777 1,737 0 - 4,500 sqft 3 4 1 2 1 60
$1,034,844 1,695 0 - 4,500 sqft 3 3 1 1 0 134
$865,000 1,318 0 - 4,500 sqft 2 2 14 2 0 16
$549,999 1,021 0 - 4,500 sqft 2 2 13 0 0 15