Is Campbell, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$1,750,000
$1,013/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Campbell was $1,750,000 in February 2024, up 6.1% from last year, and the median price per square foot was $1,013.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $573.5K | $555K | -3.2% |
2 Bedrooms | $963.5K | $910K | -5.6% |
3 Bedrooms | $1.5M | $1.6M | +1.9% |
4 Bedrooms | $2.1M | $2.0M | -4.8% |
5+ Bedrooms | $2.4M | $2.5M | +1.2% |
Summary: Campbell housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in Campbell, CA
How many homes are available in Campbell, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
32 | 51 | +59.4% |
Summary: The Campbell real estate market had 51 homes for sale in February 2024, a 59.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 17 | 26 | +52.9% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Campbell housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Campbell in February 2024, up by 60.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
24 Days | 15 Days | -39.2% |
Summary: Homes in Campbell had an average of 15 days on market in Feb 2024, down by 39.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in Campbell; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.