Milpitas 2015 home prices and real estate

By
Real Estate Agent with (408) 425-1601 CA bre 1519182

                                       Sam Shuehmba, cdpe, reopro, pe       

                                                                   SamShuehRealtor@gmail.com four-o-eight 425-1601

                                                                    your local realtor since 2005

 

                                                                      Total listings =49 (31 SFH)

                                                             Inventory: 0.6 month (2.5 month is healthy)

                                                             unemployment rate=3.7%

                                                             Sold/Asked=106%

                                                             marketing time= 19 days

                                                             

Avg SFH home(1300-2000 sf) *

                                                  $796K  (2015 Jul)    $714.5K(1 yr ago)        +11.4%

                                                  $505/sf                      $433/sf                           +16.6%  

If you're thinking of buying or selling your home, call Sam Shueh at FOUR-O-EIGHT 408-425-1601 

 


                        * consistent with other municipalities in Santa Clara County for comparing prices(see other postings by Sam Shueh)

Comments (5)

Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good morning Sam,

 

Thanks for the post and information. Have a great week

Aug 17, 2015 08:02 PM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Sam Shueh buyers and sellers in Milpitas CA should appreciate your efforts in researching for the updated statistics in their marketplace...they would all be wise to contact you for guidance with their real estate tasks....

Aug 17, 2015 09:19 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

 Milpitas Great Mall (photo) is where Ford Built its Mustangs.... 

You have a great day

 

Sam Shueh

Realty One Group

Aug 18, 2015 01:07 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sam, nice update for Milpitas, and sure looks like values are going in the right direction.

Aug 18, 2015 01:38 AM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Sounds like a good market Sam Shueh I hope you are getting your piece of the pie!

Aug 18, 2015 07:41 AM