How’s the Campbell, California, real estate market? There are always micro-markets to follow, narrowing what’s viewed to neighborhoods, school districts, and price point. In general, though, it’s a healthy market for this upwardly trending Silicon Valley city with a quaint downtown, good schools and more affordability than might be expected. For houses, clearly, prices are nudging up!

Each month I have a site specifically producing the Silicon Valley real estate market trends (at least for that part of Silicon Valley which is within Santa Clara County). You can see the report for Campbell houses & duet homes here and the condominium and townhouse report here. Just below, I’ll post the basic numbers/summary, though, for those who want a quick view of the market:

(1) Single Family homes (houses/duet homes) in Campbell:

 

Trends At a GlanceMay 2011Previous MonthYear-over Year
Median Price$678,500$629,944 (+7.7%)$653,438 (+3.8%)
Average Price$698,073$703,100 (-0.7%)$685,182 (+1.9%)
No. of Sales2424 (0.0%)32 (-25.0%)
Pending Properties4640 (+15.0%)42 (+9.5%)
Active5559 (-6.8%)78 (-29.5%)
Sale vs. List Price98.6%98.0% (+0.6%)100.2% (-1.6%)
Days on Market5534 (+62.5%)28 (+97.8%

 

Trends At a GlanceApr 2011Previous MonthYear-over Year
Median Price$629,944$705,000 (-10.6%)$670,000 (-6.0%)
Average Price$703,100$781,895 (-10.1%)$696,160 (+1.0%)
No. of Sales2421 (+14.3%)15 (+60.0%)
Pending Properties4051 (-21.6%)51 (-21.6%)
Active5954 (+9.3%)71 (-16.9%)
Sale vs. List Price98.0%98.2% (-0.2%)104.8% (-6.4%)
Days on Market3431 (+9.4%)35 (-5.2%)

 

(2) Condominiums and townhouses in Campbell:

 

Trends At a GlanceMay 2011Previous MonthYear-over Year
Median Price$390,000$419,000 (-6.9%)$457,500 (-14.8%)
Average Price$406,364$419,125 (-3.0%)$434,838 (-6.5%)
No. of Sales118 (+37.5%)16 (-31.3%)
Pending Properties2223 (-4.3%)33 (-33.3%)
Active4335 (+22.9%)26 (+65.4%)
Sale vs. List Price96.0%93.8% (+2.3%)97.8% (-1.9%)
Days on Market8158 (+37.8%)42 (+91.2%)

 

Trends At a GlanceApr 2011Previous MonthYear-over Year
Median Price$419,000$450,000 (-6.9%)$500,000 (-16.2%)
Average Price$419,125$418,750 (+0.1%)$465,548 (-10.0%)
No. of Sales810 (-20.0%)8 (0.0%)
Pending Properties2327 (-14.8%)40 (-42.5%)
Active3528 (+25.0%)29 (+20.7%)
Sale vs. List Price93.8%98.7% (-5.0%)98.5% (-4.7%)
Days on Market5883 (-29.5%)34 (+72.7%)

 

Campbell Real Estate Market Barometer

 

 

 

Author

  • Mary Pope-Handy

    Silicon Valley Realtor, selling homes in Los Gatos, Saratoga, San Jose, Silicon Valley, and nearby since 1993. Prolific blogger with a network of sites.

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