Is Campbell, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Campbell has remained a Seller's Market.
Housing Prices in Campbell, CA
How much do homes in Campbell, CA cost?
Median Sold Price
$1,775,000
$1,031/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Campbell was $1,775,000 in May 2024, up 10.9% from last year, and the median price per square foot was $1,031.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $565K | $534.5K | -5.4% |
2 Bedrooms | $902.5K | $910K | +0.8% |
3 Bedrooms | $1.5M | $1.7M | +9.7% |
4 Bedrooms | $2.0M | $2.0M | +3.8% |
5+ Bedrooms | $2.5M | $2.5M | +0.7% |
Summary: Campbell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in Campbell, CA
How many homes are available in Campbell, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
85 | 106 | +24.7% |
Summary: The Campbell real estate market had 106 homes for sale in May 2024, a 24.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 13 | 19 | +46.2% |
3 Bedrooms | 40 | 46 | +15.0% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Campbell housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 42 | +27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Campbell in May 2024, up by 27.3% month-over-month. Of the 38 sold homes, 16% were sold under asking, 8% were sold at asking, and 76% were sold over asking.
Days on Market for Campbell, CA
How long does it take to sell a home in Campbell, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 10 Days | -43.9% |
Summary: Homes in Campbell had an average of 10 days on market in May 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in Campbell; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.