How is the Campbell real estate market?How is the Campbell real estate market? Here are the numbers, but what do those numbers mean? The sales vs list price remains well over 100%, closer to 108% this month, and the average days on market remain low at 18 days for the second month in a row. Campbell is in a strong seller’s market.

Further down in this article, we’ll utilize the graphs from Altos Research, which uses list prices, and check out the trends in pricing by quartile in this zip code (meaning 4 groups based on the pricing tier from least to most expensive). Campbell condominiums and townhomes will be considered as well. And finally, a list of homes for sale in Campbell will be found at the bottom of the post.

First, here are some quick stats, care of my RE Report for Campbell:

What about the Campbell CA condo market?

Usually condo markets show more fluctuation due to their smaller inventory with a great variety of properties – in Campbell, however, the numbers have been pretty consistent. Listings are selling quickly and at 106.9% above list price on average this month, with the average market turnover at just 11 days. Keep in mind, though, that few sales means low data which can make these statistics wonky. The Campbell CA condo market remains a sellers market, and is keeping up with the housing market.  See the full report for the Campbell California condo market here

Next we’ll take a brief overview of the “big picture” in Campbell’s housing market by looking at statistics related to currently listed homes for both houses and condos or townhomes there. (Charts and data by Altos Research, to which I have a subscription and permission to use here.) Median list price of condos and single family homes in Campbell.

From this first chart, it would appear that the condo market is experiencing a slow climb while the housing market has peaked and begun a slight decline. Low data means many more fluctuations in Campbell for condos and townhomes than in single family market, which is made visible below.

Real Estate Market Chart by Altos Research www.altosresearch.com

Inventory was slipping for both condos and houses since a peak in mid to late 2014. In early 2016 inventory began to rise again until fall, where inventory has been dropping since.
Real Estate Market Chart by Altos Research www.altosresearch.com

Days on the market for homes for sale in Campbell – the two “markets” are were fairly similar overall for a long while but over the last year condos have been selling consistently much faster than homes. Both markets are heating up with steep, continuous drops for the average days on market.

Real Estate Market Chart by Altos Research www.altosresearch.com

 

These numbers – for both houses and condos – can only give you a broad picture of what’s going on. If there are no homes for sale in your townhome community and it’s in a great area, and you price it well etc., you should find it relatively easy to sell. But if there is too much supply (too many similar homes on the market), it will be far more challenging to sell. The residential real estate market, like everything else, is all about supply and demand. For information on your specific neighborhood, please call me or email me today.

For more reading on Campbell CA

Scenic Percolation Ponds in Campbell Serve Important Functions

A leisurely Sunday & photos of downtown Campbell

Campbell’s “Skull & Crossbones” house

 

Find Campbell, CA Houses for Sale:

  1. 5 beds, 3 baths
    Home size: 2,176 sq ft
    Lot size: 7,840 sqft
  2. 5 beds, 3 baths
    Home size: 2,554 sq ft
    Lot size: 6,564 sqft
  3. 4 beds, 3 baths
    Home size: 2,169 sq ft
    Lot size: 6,181 sqft
  4. 4 beds, 2 baths
    Home size: 1,512 sq ft
    Lot size: 5,998 sqft
  5. 3 beds, 2 baths
    Home size: 1,244 sq ft
    Lot size: 6,298 sqft

See all Real estate in the city of Campbell.
(all data current as of 11/18/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Browse Campbell, CA Condos Listed for Sale on the MLS:

  1. 3 beds, 3 baths
    Home size: 1,501 sq ft
    Lot size: 1,454 sqft
  2. 1 bed, 1 bath
    Home size: 704 sq ft
    Lot size: 705 sqft
  3. 3 beds, 2 baths
    Home size: 1,176 sq ft
    Lot size: 1,036 sqft
  4. 2 beds, 2 baths
    Home size: 1,289 sq ft
    Lot size: 570 sqft

See all Real estate in the city of Campbell.
(all data current as of 11/18/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

View townhouses or townhomes  in Campbell, California, listed for sale on the multiple listing service (MLS):

  1. 3 beds, 3 baths
    Home size: 1,501 sq ft
    Lot size: 1,454 sqft
  2. 1 bed, 1 bath
    Home size: 704 sq ft
    Lot size: 705 sqft
  3. 3 beds, 2 baths
    Home size: 1,176 sq ft
    Lot size: 1,036 sqft
  4. 2 beds, 2 baths
    Home size: 1,289 sq ft
    Lot size: 570 sqft

See all Real estate in the city of Campbell.
(all data current as of 11/18/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


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