October 2024 Real Estate Report

Homes For Sale
86 Total
Homes For Sale
Homes added
48 Homes
Added to the Market
Homes For Sale
31 Homes
Sold
Compared to Previous Month
2%
More Homes For Sale
home chart
-23%
Fewer Homes Sold
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Last month in October, housing in Milpitas, CA ended with 48 homes being added to the market for sale, for a cumulative monthly total of 86 homes for sale - up 2% compared to September. Milpitas, CA had a total of 31 homes sold for the month - down -23% from the month prior.

Detached led the way in homes sold with a total of 17 - even, while attached totaled 14 in closed sales - down -50% from the month of September. The number of detached properties sold under 1500 square feet totaled 10 for the month of October, while homes from 1500 to 2000 square feet recorded 4 sales and homes sized from 2000 to 2500 square feet had 2 sales. While homes from 2500 to 3000 square feet square feet recorded 1 homes sold. The following ranges for detached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 5, attached homes in the square feet range of 1500 to 2000 recorded 8 sales and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Milpitas, CA?
August:
45 Homes Sold
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The last 12 month period for the city of Milpitas, CA shows that the greatest number of homes were sold during the months of April 2024, July 2024 and August 2024. The months of April 2024, July 2024 and August 2024 had 42 - 41 and 45 homes sold, respectively, as compared to an average of 27 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Milpitas, CA?
February:
9 Days On Market
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The last 12 month period for the city of Milpitas, CA shows that homes sold the fastest during the months of February 2024, April 2024 and May 2024. The months of February 2024, April 2024 and May 2024 had 9 - 13 and 11 days on market, respectively, as compared to an average of 18 for the other months of the year.


Average Price Of Homes Sold In Milpitas, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Milpitas, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Milpitas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202416173042364141453831 - - 337
2023112029252737272627291614288
2022163660645042282832232915423
2021322336486341525060473732521
2020103225181034313239372532325
2019242030244329374119322616341
2018142521463231404447423228402
2017141827244251423532342625370
Average Days On Market (DOM) In Milpitas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20241991913111615171818 - - 16
202319512118151310191623202020
202224101199913192523261816
202126151310141014171513191415
202060251415262542162022111424
201934302427281819303135352428
2018141089111420182124213017
201723201728191520161313101417
Average Days From List To Close Of Escrow In Milpitas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202449325538394441435743 - - 44
202345784545425337464550394748
202257383735343945465456544245
202162454640444145524440494346
202097744444845379475051394859
201964545654574754606163645457
201844363434384247445349556645
201777574553474448584141387152
Number of homes added to the market in Milpitas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202425335355565053444748 - - 464
2023182533294238233529191610317
2022445063684135342724202010436
2021273762544649594848361917502
2020202324193030393335322623334
201932243041403729322128125331
2018242442424839454740362611424
2017222328494536402633271814361