May 2025 Real Estate Report

Homes For Sale
87 Total
Homes For Sale
Homes added
53 Homes
Added to the Market
Homes For Sale
14 Homes
Sold
Compared to Previous Month
-11%
Fewer Homes For Sale
home chart
-21%
Fewer Homes Sold
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Last month in May, housing in Milpitas, CA ended with 53 homes being added to the market for sale, for a cumulative monthly total of 87 homes for sale - down -11% compared to April. Milpitas, CA had a total of 14 homes sold for the month - down -21% from the month prior.

Detached led the way in homes sold with a total of 10 - up 40%, while attached totaled 4 in closed sales - down -175% from the month of April. The number of detached properties sold under 1500 square feet totaled 2 for the month of May, 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 and homes from 3000 to 3500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 2, attached homes in the square feet range of 1500 to 2000 recorded 1 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?
November:
49 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 July 2024, August 2024 and November 2024. The months of July 2024, August 2024 and November 2024 had 41 - 47 and 49 homes sold, respectively, as compared to an average of 25 for the other months of the year.

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When do homes sell the fastest in Milpitas, CA?
March:
12 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 July 2024, March 2025 and April 2025. The months of July 2024, March 2025 and April 2025 had 15 - 12 and 15 days on market, respectively, as compared to an average of 19 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
20251526181714 - - - - - - - 90
2024161730423641414738314929417
2023112029252737272627291614288
2022163660645042282832232915423
2021322336486341525060473732521
2020103225181034313239372532325
2019242030244329374119322616341
2018142521463231404447423228402
Average Days On Market (DOM) In Milpitas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20251916121520 - - - - - - - 16
20241991913111615181818222617
202319512118151310191623202020
202224101199913192523261816
202126151310141014171513191415
202060251415262542162022111424
201934302427281819303135352428
2018141089111420182124213017
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
20254339354044 - - - - - - - 40
202449325538394441435743845148
202345784545425337464550394748
202257383735343945465456544245
202162454640444145524440494346
202097744444845379475051394859
201964545654574754606163645457
201844363434384247445349556645
Number of homes added to the market in Milpitas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20254651666453 - - - - - - - 280
2024253353555650534647482214502
2023182533294238233529191610317
2022445063684135342724202010436
2021273762544649594848361917502
2020202324193030393335322623334
201932243041403729322128125331
2018242442424839454740362611424