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5024 Pine Tree Terrace is asking $990,000. No nearby comp has hit that in a year.

5024 Pine Tree Terrace sold for $990,000 in June 2024. It hit the market again in late October 2026 at exactly $990,000. Among comparable condos nearby, that ask sits above every recorded sale in the past year.
Tim McMullen · DRE #02016832
November 2, 2026 · 4 min read
Campbell

Listed at the same price it sold for 29 months ago

The seller of 5024 Pine Tree Terrace paid $990,000 for the unit in June 2024 and is now asking $990,000 for it — a difference of zero dollars after 28.8 months of ownership. That flat ask-versus-prior-sale spread is the first thing to understand about this listing before anything else.

Address5024 Pine Tree Terrace, Campbell
TypeCondominium
Beds / Baths3 / 2
Size1,176 sq ft
List price$990,000
Price per sq ft$842
Prior sale$990,000 (June 5, 2024)
Ask vs. prior sale$0 (0%)
Months held28.8
StatusActive (first listed Oct. 29, 2026)
MLSSD260025582

How it compares with homes like it

The peer rule here: condos and townhomes, within one bedroom of this three-bedroom unit, size within 25% of 1,176 sq ft, sold in the last 12 months, within a two-mile radius — the nearest radius that produced at least four sales. Five sales qualified.

The median recorded sale price among those five peers is $865,000, and the median price per square foot is $629. At $990,000 and $842 per square foot, this listing sits above the high end of every peer sale in that window. The highest peer sale recorded was $935,000 at 123 Dot Ave (1,344 sq ft, 2 bed/2.5 bath, 1.98 miles away, recorded May 2026).

Among the 18 similar condos and townhomes listed in Campbell right now, this one ranks 14th by price. The median ask among current peer listings is $874,475 at a median $744 per square foot. At $842 per square foot, 5024 Pine Tree Terrace is priced above that median by $98 per square foot.

The working headline framed this as a "quick reflip," but at 28.8 months the hold period is closer to two and a half years than a quick turn. The more specific story the data tells is a seller attempting to recover their full 2024 purchase price in a peer market where no comparable unit has recorded above $935,000 in the past year.

Comparable sales

All dates are month-only estimates based on recorded data.

AddressRecordedPriceSq ft$/sq ftDistance
5025 Pine Tree TerSeptember 2026$610,000970$6290.00 mi
5020 Pine Tree TerAugust 2026$622,000920$6760.03 mi
833 S San Tomas Aquino Rd Apt AMay 2026$920,0001,467$6271.05 mi
123 Dot AveMay 2026$935,0001,344$6961.98 mi
47 Dot Ave Apt DMarch 2026$865,0001,442$6002.00 mi

The two closest sales — both on Pine Tree Terrace itself — came in at $610,000 and $622,000, though those units are smaller (970 and 920 sq ft) and carry one bath rather than two. The sales that approach this unit's size traded between $865,000 and $935,000, all more than a mile away.

Condos and townhomes across Campbell

Among all condos and townhomes tracked in Campbell, 52 are active now and 61 have sold in the last 180 days. The median ask among active listings is $1,162,000. The median recorded sale price over the past 180 days is $1,055,000 at a median $734 per square foot. This listing, at $990,000 and $842 per square foot, sits below the citywide condo median sale price but above the median per-square-foot figure for that same group.

How the Campbell market is doing

Across all property types in Campbell, 109 sales closed in the last 180 days at a median price of $1,828,610 and a median $990 per square foot. The same 180-day window a year earlier showed 191 sales at a median of $1,845,000 — so both volume and median price have eased year over year. The all-types market ranges from $427,000 to $5,700,000. These figures include single-family homes, which make up the bulk of Campbell transactions and trade at a very different price point than condos.

What it would cost a month

At the $990,000 list price, using the national 30-year average rate of 7.32% as of the week of October 22, 2026 (Freddie Mac Primary Mortgage Market Survey), the principal and interest payment on a fully financed loan would be:

What it would cost a month

Principal and interest only, on the 7.32% average 30-year rate published 2026-10-22 (Freddie Mac). Property taxes, insurance and any homeowners' dues are on top, and your own rate will depend on your lender, credit and deposit.

That figure is principal and interest only and does not include taxes, insurance, HOA dues, or any other carrying costs.

Three you could write an offer on today

These three units share a block with 5024 Pine Tree Terrace. None is listed for sale.

Every home in the Campbell market has a page on this site. An owner does not need to have a listing active to receive a written offer — the agent carries the offer directly to the owner, and no one is bound to anything until both parties have agreed and signed a contract. Read how an offer works before you write one.


Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272

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Tim McMullen
The agent behind The Campbell Market Tim McMullen

California real estate broker, CA DRE #02016832. One licensed agent runs The Campbell Market: publishes the record, answers the questions and takes the calls. No listing required, no obligation.

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