Campbell, CA 95008 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The neighborhood's median sold price is 2,064,500, which should be treated as the primary indicator of current market value and recent transaction activity; given the hot market temperature and upward price trend, this level reflects realized pricing rather than asking-price expectations.
2. There is a notable gap between the median listing price (1,798,000) and the median sold price (2,064,500), which may indicate seller confidence or pricing segmentation between listings and closed transactions; monitor this gap for potential pricing friction if it persists.
3. Liquidity appears slower on a time-to-sale basis: the median days on market is 292, which suggests extended marketing periods despite a hot market temperature; this may indicate selective buyer behavior or elevated underwriting/affordability scrutiny.
4. Market fundamentals show upward momentum in both pricing and rents—median price per square foot is 1,188 and median market rent is 2,865—while interest rate pressure is elevated, a combination that suggests continued demand from buyers who can absorb higher rates but potential headwinds for marginal buyers.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.