Milpitas: December Housing Market Update | By Eddie Oberoi and Nik Seth
Hey Milpitas! Welcome to your December market update and 2025 year-end recap. As we close out the year, the question we keep hearing from clients is: "Are things slowing down?" While that might be the common perception, the numbers on the ground tell a very different story. Join Nik Seth and Eddie Oberoi as they dive into why the market feels quiet but is actually rock solid, driven by tight inventory rather than a drop in demand.
November Market Numbers
- Active Listings: 62
- Homes Pending: 33
- Homes Sold (Nov): 25
- Overall Trend: Low inventory keeping prices strong
The Truth About "Slowing Down"
It's Not Lack of Demand, It's Tight Inventory
Looking at the bigger picture, Milpitas has stayed rock solid all year. What many perceive as a slow market or a drop in demand is simply a result of tight inventory. Buyers are not waiting on the sidelines; they are out there touring, writing offers, and moving fast. However, they simply have fewer choices, especially when it comes to single-family homes.
Competition for Quality
When a great home hits the market, the reaction is instant. We are seeing:
- Multiple Showings: Immediate interest from waiting buyers.
- Strong Offers: Buyers are competitive when the right property appears.
- Speed: Because options are limited, buyers know they must act quickly.
Strategies for 2025 & Beyond
For Buyers: Focus on the Big Picture
In 2025, smart buyers have been focusing on affordability and lifestyle. The key takeaway for buyers in this market is to remember that you can always refinance later. Don't let the "slow" feeling of the market fool you—prices are remaining steady because supply is so low.
For Sellers: Presentation is Everything
With buyers having fewer choices, they are scrutinizing what is available. To succeed in this market, presentation is key. Homes that attract the most attention share three traits:
- Clean: Immaculate presentation matters.
- Well-Prepared: Addressed maintenance and staging.
- Priced Right: Strategic pricing drives the "instant interest" we are seeing.
Final Thoughts: Be Proactive
As we head into 2026, the advice remains consistent: be proactive, not reactive. If you are planning on making a move next year, the time to start planning is now. Don't wait for the market to change; prepare yourself to take advantage of it.
Planning a move in 2026? Let's meet as soon as possible to build your strategy. We are here to help you navigate Milpitas real estate with confidence.
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