Silicon Valley real estate, explained by the Property Nerds®

What does your budget buy in Milpitas? We sorted every Milpitas house sale from the last 24 months by price and looked at what each range bought: living area, bedrooms, bathrooms, lot and how far over or under asking each sold. The middle of the market, $1.5M–$1.75M, bought a median 1,600 square fee

What did Milpitas houses actually gain? Not a city average, but the same house, sold twice. We matched 86 Milpitas houses that sold in the last 24 months to their previous sale since 2012. Of those, 79 were about the same size both times, so the gain isn’t from an addition. The median one sold for 5

Price per square foot is the number everyone quotes, and in Milpitas it depends heavily on the size of the house. Over the last 24 months, houses under 1,500 sq ft sold for a median $1,148 a square foot, and houses of 3,000–4,000 sq ft for $968. Here’s the full ladder, why smaller houses cost more p