Milpitas is currently a Seller's Market. Homes are retaining 105% of their value (Sale Price to List Price Ratio). With 80 active listings and 28 closed sales this month, inventory remains at 3.2 months of supply. Trends over the last half-year show median values moving up by 19%, while Average Days on Market holding steady. Local listings are moving 7 days faster than the Santa Clara average.
Entry Level Detached Home Market Trends Median Price Market Trend Prices in the Entry Level Detached Home tier have stabilized over the last 2 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Detached Home is decreasing, with homes now staying on market for 38 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 90%.
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Mid-Market Detached Home Market Trends Median Price Market Trend The average price in the Mid-Market Detached Home segment has softened by 18% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Detached Home is increasing, with homes now staying on market for 69 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 105%.
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High-End Detached Home Market Trends Median Price Market Trend The average price in the High-End Detached Home segment has risen by 23% over the last 4 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Detached Home is decreasing, with homes now staying on market for 36 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the High-End Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 107%.
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Entry Level Townhome Market Trends Median Price Market Trend The average price in the Entry Level Townhome segment has risen by 6% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Townhome is increasing, with homes now staying on market for 78 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Townhome market is strengthening, with the Sale Price to List Price Ratio now at 101%.
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Mid-Market Townhome Market Trends Median Price Market Trend The average price in the Mid-Market Townhome segment has softened by 10% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Townhome is increasing, with homes now staying on market for 74 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Townhome market is shifting towards buyers, with the Sale Price to List Price Ratio now at 96%.
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Entry Level Condo/Co-op Market Trends Median Price Market Trend The average price in the Entry Level Condo/Co-op segment has risen by 46% over the last 4 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Condo/Co-op is increasing, with homes now staying on market for 121 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Condo/Co-op market is shifting towards buyers, with the Sale Price to List Price Ratio now at 97%.
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Mid-Market Condo/Co-op Market Trends Median Price Market Trend The average price in the Mid-Market Condo/Co-op segment has risen by 4% over the last 2 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Condo/Co-op is increasing, with homes now staying on market for 88 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Condo/Co-op market is shifting towards buyers, with the Sale Price to List Price Ratio now at 100%.
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Entry Level Mobile/Manufactured Home Market Trends Median Price Market Trend The average price in the Entry Level Mobile/Manufactured Home segment has softened by 33% over the last 5 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Mobile/Manufactured Home is decreasing, with homes now staying on market for 37 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Mobile/Manufactured Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 97%.
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| Property Type | Entry Level | High-End | Mid-Market | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 15 | — | 5 | — | 20 |
| Detached Home | 4 | 3 | 14 | — | 21 |
| Mobile/Manufactured Home | 2 | — | — | — | 2 |
| Townhome | 5 | — | 32 | — | 37 |
The data indicates a active environment in Milpitas. Inventory is at 3.2 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.
Currently, $1,660,000 represents the median entry point for Milpitas. Over the past half-year, values have moved upward by approximately 19% based on regional transaction data.
Sellers hold significant leverage in Milpitas, with a Sale Price to List Price Ratio of 104.8%. On average, properties are transitioning from active to sold status in 45 days.
Milpitas maintains a distinct profile within the broader Santa Clara region. Median home values are currently 33% lower than the regional average, reflecting the unique demand and inventory dynamics of this specific location.
If you're selling a High-End Detached Home in Milpitas, the data points to Deepak Arora as a standout choice. Their High-End Detached Home closings in Milpitas show an above-average sale-to-list ratio for this segment — a sign of skilled pricing and negotiation that protects seller value.
Our transaction-level analysis puts Sandra Zib at the top for Mid-Market Detached Home listings in Milpitas. The data points to a dual edge here: shorter time on market than is typical for this segment, and sale prices that hold closer to — or above — the asking price compared to local norms.
Among agents with recent closings in the Entry Level Townhome space, Erica Wong has the strongest performance metrics in Milpitas. Speed and price retention together are the hardest combination to find in a single agent. Their track record in the Entry Level Townhome category in Milpitas reflects both.
Erica Wong has been particularly active in Milpitas's Mid-Market Townhome segment, and the numbers back it up. They've built a consistent track record in the Mid-Market Townhome category specifically — not just broad volume, but demonstrated results in this exact niche in Milpitas.
When looking specifically at Entry Level Mobile/Manufactured Home transactions, Lan Nguyen consistently surfaces as a top performer in Milpitas. Our algorithm ranks them based on closed transaction outcomes in the Entry Level Mobile/Manufactured Home segment, not self-reported volume or marketing activity. The ranking reflects actual local performance.
For those looking to purchase a Mid-Market Detached Home in Milpitas, Amar Realtor has the deal history to support the choice. For buyers competing in the Mid-Market Detached Home market in Milpitas, their track record indicates speed and negotiating strength that outperforms the segment baseline on both counts.
Navigating Milpitas's Entry Level Mobile/Manufactured Home market as a buyer? Lan Nguyen is among the most effective agents in this niche. Their buyer transactions in this segment close faster than the local norm and at sale-to-list ratios that are more favorable than typical — meaning they move quickly and negotiate effectively for the buyers they represent.
Qian Zhang has helped buyers close on Mid-Market Townhome properties in Milpitas — and the data shows it. Across their deals in the Mid-Market Townhome category, Qian Zhang has consistently achieved better-than-average terms relative to asking price in Milpitas. That kind of negotiating edge compounds over a transaction.