Market Report - The Brasil Group

Milpitas, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Milpitas, CA

Wed May 28 2025
This week the median list price for Milpitas, CA is $1,080,000 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 47. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Milpitas, CA

Wed May 28 2025
This week the median list price for Milpitas, CA is $1,080,000 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 47. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Milpitas market.
Median List Price $1,080,000
Median Price of New Listings $1,119,499
Per Square Foot $699
Average Days on Market 53
Median Days on Market 35
Price Decreased 21%
Price Increased 11%
Relisted 9%
Inventory 47
Median Rent
Market Action 49
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
$1,360,000 1,860 0 - 4,500 sqft 3 4 7 1 2 28
$1,149,999 1,539 0 - 4,500 sqft 3 3 10 3 1 56
$956,500 1,256 0 - 4,500 sqft 3 2.5 17 1 2 21
$670,000 965 0 - 4,500 sqft 2 1.5 47 1 2 49