Milpitas, Ca February 2020 Real Estate Market Update

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In Milpitas, Ca, the median Single-Family home cost $1,290,000 and sold in 10 days for 102% of the list price based on 15 sales in February 2020.

  • There were 18 new single-family homes available for sale in February which is the same exact number of homes that were available for sale as in the month of January.
  • Average days on market (DOM) dropped -22 days from 32 to 10 and -13 days from a year ago.
  • Number of new listings for the month of February stayed the same over January, and down 31% from a year ago.
  • Closed sales increased 67% from January from 15 to 9 and up 7% from a year ago.
  • The average price per sqft was $729 which was 2.4% more than January and up 14% from a year ago.

If you have any questions regarding the Milpitas or Santa Clara County real estate market, please reach out to Gina Arigna (408.858.6679) or Amit Singh (650.521.2320) or visit www.arignahomes.com

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