Market Report - The Brasil Group

Milpitas, CA

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Milpitas, CA

Tue Sep 28 2021
This week the median list price for Milpitas, CA is $1,329,000 with the market action index hovering around 75. This is an increase over last month's market action index of 66. Inventory has decreased to 15. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Milpitas, CA

Tue Sep 28 2021
This week the median list price for Milpitas, CA is $1,329,000 with the market action index hovering around 75. This is an increase over last month's market action index of 66. Inventory has decreased to 15. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,329,000
Median Price of New Listings $1,368,000
Per Square Foot $783
Average Days on Market 18
Median Days on Market 7
Price Decreased 13%
Price Increased 13%
Relisted 13%
Inventory 15
Median Rent $3,750
Market Action 75
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
$1,495,000 2,029 0 - 4,500 sqft 4 3 30 2 2 0
$1,391,944 1,578 4,500 - 6,500 sqft 3 2 58 2 1 21
$1,225,899 1,713 4,500 - 6,500 sqft 3 2 44 2 2 7
$1,062,500 1,309 0 - 4,500 sqft 2 2 42 1 3 7