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 May 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

$1,775,000

$1,031/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$175,000(+10.9%)

Key Takeaway

Homes in Campbell have sold for 10.9% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $565K$534.5K
-5.4%
2 $902.5K$910K
+0.8%
3 $1.5M$1.7M
+9.7%
4 $2.0M$2.0M
+3.8%
5+ $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%.

Median Sold Price Compared To Nearby Cities

Campbell
+10.9%
San Jose
+10.2%
Saratoga
+7.6%
Los Gatos
-1.6%

Housing Supply in Campbell, CA

How many homes are available in Campbell, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
85106+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

# BEDSApr 2024May 2024CHANGE
1 25
+150.0%
2 1319
+46.2%
3 4046
+15.0%
4 2528
+12.0%
5+ 58
+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 2024May 2024CHANGE
3342+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Campbell, you could pay more than the asking price. 76.3% of homes here sold above asking price last month.

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 2023May 2024CHANGE
18 Days10 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in Campbell, CA

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