Market Report - The Brasil Group

Cupertino, CA 95014

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA 95014

Wed Apr 24 2024
This week the median list price for Cupertino, CA 95014 is $1,199,943 with the market action index hovering around 56. This is an increase over last month's market action index of 51. Inventory has increased to 16. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Cupertino, CA 95014

Wed Apr 24 2024
This week the median list price for Cupertino, CA 95014 is $1,199,943 with the market action index hovering around 56. This is an increase over last month's market action index of 51. Inventory has increased to 16. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $1,199,943
Median Price of New Listings $1,248,000
Per Square Foot $1,084
Average Days on Market 25
Median Days on Market 14
Price Decreased 0%
Price Increased 19%
Relisted 6%
Inventory 16
Median Rent
Market Action 56
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently 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
$2,202,500 1,789 0 - 4,500 sqft 3 3.3 0 2 1 14
$1,238,000 1,039 0 - 4,500 sqft 2 2 51 3 4 0
$1,174,500 1,185 0 - 4,500 sqft 2 2 45 0 0 28
$1,043,400 1,147 0 - 4,500 sqft 1 1.5 38 2 1 3