Market Report for Milpitas, CA!

Exciting news for sellers in Milpitas, California!

January 2024

1. Inventory Update: Currently, there is only a 0.43 Months Supply of Inventory in Milpitas. This means that demand is high and there are fewer homes available for sale.
2. Selling Success: Over the last 12 months, the Months Supply of Inventory has decreased by an impressive -51.69%. This indicates a thriving real estate market, with properties selling faster than ever before!
3. Competitive Pricing: Sellers in Milpitas are enjoying a List to Sold Price percentage of 102%. This means that, on average, homes are selling for 2% above the listing price.
4. Quick Turnaround: The median days on market is just 16 days! This shows that buyers are eager to find their dream home in Milpitas, and sellers have a great opportunity to sell quickly.
5. Strong Prices: The median sold price in Milpitas is $1,400,000. This highlights the market’s strong appreciation and presents a fantastic opportunity for sellers to maximize their investment.

If you’re considering to sell, please reach out to me at info@RealtorHarvinder.com for a non-obligation consultation.

More Details:

https://www.realtor.com/realestateandhomes-search/Milpitas_CA/overview