Market Report - The Brasil Group

Cupertino, CA 95014

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA 95014

Tue May 28 2024
This week the median list price for Cupertino, CA 95014 is $2,699,000 with the market action index hovering around 72. This is about the same as last month's market action index of 72. Inventory has increased 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Cupertino, CA 95014

Tue May 28 2024
This week the median list price for Cupertino, CA 95014 is $2,699,000 with the market action index hovering around 72. This is about the same as last month's market action index of 72. Inventory has increased 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $2,699,000
Median Price of New Listings $2,741,500
Per Square Foot $1,464
Average Days on Market 71
Median Days on Market 0
Price Decreased 9%
Price Increased 0%
Relisted 0%
Inventory 23
Median Rent
Market Action 72
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,298,000 3,006 0.25 - 0.5 acre 4 3 59 2 0 21
$2,974,444 2,268 6,500 - 8,000 sqft 4 3 55 4 3 0
$2,631,944 1,379 6,500 - 8,000 sqft 4 2 63 3 0 3
$2,375,000 1,565 6,500 - 8,000 sqft 3 2 66 3 1 17