Is Campbell, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Campbell is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Campbell has remained a Seller's Market.

Key Takeaway

Campbell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Campbell, CA

How much do homes in Campbell, CA cost?

Median Sold Price

$1,805,133

$1,053/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$105,133(+6.2%)

Key Takeaway

Homes in Campbell have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Campbell was $1,805,133 in November 2024, up 6.2% from last year, and the median price per square foot was $1,053.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $540K$538K
-0.4%
2 $910K$897.4K
-1.4%
3 $1.6M$1.7M
+7.8%
4 $2.0M$2.3M
+16.0%
5+ $2.8M$2.8M
-1.6%

Summary: Campbell housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 1.6%.

Median Sold Price Compared To Nearby Cities

Los Gatos
+11.2%
Saratoga
+10.6%
San Jose
+8.5%
Campbell
+6.2%

Housing Supply in Campbell, CA

How many homes are available in Campbell, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8969-22.5%

Summary: The Campbell real estate market had 69 homes for sale in November 2024, a 22.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 2526
+4.0%
3 3624
-33.3%
4 179
-47.1%
5+ 107
-30.0%

Summary: The Campbell housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 47.1%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3633-8.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campbell, you could pay more than the asking price. 51.6% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in Campbell in November 2024, down by 8.3% month-over-month. Of the 31 sold homes, 35% were sold under asking, 13% were sold at asking, and 52% 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

Nov 2023Nov 2024CHANGE
16 Days21 Days+29.2%

Summary: Homes in Campbell had an average of 21 days on market in Nov 2024, up by 29.2% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Campbell are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 33 homes were sold in Campbell; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Campbell, CA

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