Milpitas Real Estate Market

Milpitas Market

The median sale price for homes in Milpitas over the last 12 months is $400,000.


The median mortgage debt is $493,939.

Additional Statistics for Single Family Homes and Condos in Milpitas, CA
$591,360
Median Listing Price
15
Median Days on Market
33
Active Listings
12.1%
Distressed Listings
(foreclosures and short sales)
Milpitas, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Milpitas is $679,000. The list prices dropped by -5.03% from the previous month.

The price per square foot for listings in this area is $395.

The median sale price in February for single family homes is $507,500. The sale prices dropped by -3.14% from the previous month.

The price per square foot for sales in this area is $352.

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Milpitas, CA Market Inventory Trends

The number of active listings in Milpitas increased by 90.9% from the previous month.

The median number of days active properties have been listed is 14. This is significantly shorter than the national average.

The number of sales in February dropped by 55.6% from the previous month.

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Milpitas, CA Property Ownership

The percent of unoccupied properties is very low in Milpitas. It is -11.76% below the national average.

The percent of rental properties in Milpitas is 12.9% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.