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 over 100% and the average days on market are low at 24 days. Campbell is still in a 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 are pretty consistent. Listings are selling quickly and above list price, 105% this month, with the average market turnover a mere 11 days. The Campbell CA condo market is still a sellers market, and going hotter than 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 market is softening in Campbell for condos and townhomes, while the single family market is steadily rising.

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 currently slowing, though condos appear to have peaked and are beginning to level out.

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

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A leisurely Sunday & photos of downtown Campbell

Campbell’s “Skull & Crossbones” house

 

Find Campbell, CA Houses for Sale:

  1. 4 beds, 3 full, 1 half baths
    Home size: 3,600 sq ft
    Lot size: 10,323 sqft
  2. 3 beds, 2 full, 1 half baths
    Home size: 1,778 sq ft
    Lot size: 8,929 sqft
  3. 6 beds, 3 full, 3 half baths
    Home size: 8,284 sq ft
    Lot size: 27,834 sqft
  4. 2 beds, 1 full bath
    Home size: 1,068 sq ft
    Lot size: 14,287 sqft
  5. 4 beds, 3 full baths
    Home size: 1,712 sq ft
    Lot size: 1,785 sqft

See all Real estate in the city of Campbell.
(all data current as of 4/24/2017)

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

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

  1. 2 beds, 2 full baths
    Home size: 1,127 sq ft
    Lot size: 1,132 sqft
  2. 2 beds, 1 full bath
    Home size: 810 sq ft
    Lot size: 2,003 sqft
  3. 2 beds, 2 full baths
    Home size: 1,065 sq ft
    Lot size: 1,089 sqft
  4. 2 beds, 1 full bath
    Home size: 903 sq ft
    Lot size: 2,003 sqft

See all Real estate in the city of Campbell.
(all data current as of 4/24/2017)

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. 2 beds, 1 full, 1 half baths
    Home size: 1,141 sq ft
    Lot size: 1,176 sqft
  2. 3 beds, 2 full, 1 half baths
    Home size: 1,759 sq ft
    Lot size: 2,178 sqft

See all Real estate in the city of Campbell.
(all data current as of 4/24/2017)

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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