Milpitas stayed on the seller side of the table, and unlike some neighboring cities, supply here actually got tighter.
The typical single-family home sold for $1,800,000, closed at 104.1% of its asking price, and went under contract in a median of just 12 days, while inventory slipped to only 1.31 months.
Prices jumped this month against a median list price of $1,624,500 on active inventory, which is the gap that tells you buyers are still bidding past the ask rather than negotiating under it.
June 2026 at a glance
The full Milpitas report, with the free branded PDF
Prices across the pipeline, supply and demand, a closer look at what is actually selling, and a six-page PDF you can download and keep.
This dispatch is a summary. The complete piece is published on harvrealtor.net.
Recreated from Bay East Association of REALTORS® and RPR market-trends data. Information deemed reliable but not guaranteed. Harv Balu, REALTOR®, DRE #02195792, REALTY EXPERTS®.