The Campbell single-family home market is closing out the year with strong momentum. Buyer demand continues to outpace supply, keeping the market firmly in strong seller’s market territory.
The median list price in Campbell is $2,198,000, while new listings entering the market have a median price of $1,724,000. Homes are selling quickly, with a median time on market of just 28 days and an average of 36 days. New inventory remains extremely limited at only seven active homes, which continues to drive multiple-offer scenarios and strong pricing across most segments blogg 1 pdf.
Price per square foot currently averages $1,088, and all price ranges are showing strength. While 29% of listings have seen price reductions, this highlights the importance of correct pricing and strategic preparation, even in a hot market. This is where working with the right realtor is critical and can be the difference between maximizing value and leaving money on the table.
What does this mean for you?
For sellers, this is an excellent time to list. Low inventory and high buyer demand create ideal conditions to maximize your home’s value, especially with the right pricing and marketing strategy.
For buyers, preparation is key. Strong financing, realistic expectations, and the ability to act quickly can make the difference in securing a home in this competitive environment.
Have questions about the Campbell market or considering your next move? I’m here to help you navigate every step.