Intero Market Report

Cupertino, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Cupertino, CA

Sat Aug 13 2022
This week the median list price for Cupertino, CA is $3,188,000 with the market action index hovering around 57. This is about the same as last month's market action index of 57. Inventory has decreased to 23. Click here to stay informed with the Cupertino market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cupertino, CA

Sat Aug 13 2022
This week the median list price for Cupertino, CA is $3,188,000 with the market action index hovering around 57. This is about the same as last month's market action index of 57. Inventory has decreased to 23. Click here to stay informed with the Cupertino market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $3,188,000
Median Price of New Listings $3,688,000
Per Square Foot $1,439
Average Days on Market 45
Median Days on Market 14
Price Decreased 30%
Price Increased 0%
Relisted 0%
Inventory 23
Median Rent
Market Action 57
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,268,880 3,445 8,000 - 10,000 sqft 4 4 34 3 3 0
$3,443,000 2,597 8,000 - 10,000 sqft 4 3 48 0 4 21
$2,997,000 2,066 6,500 - 8,000 sqft 4 3 54 1 4 14
$2,297,500 1,539 6,500 - 8,000 sqft 3 2 64 1 4 70