Market Report - The Brasil Group

Cupertino, CA 95014

Single-Family Homes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA 95014

Sat Jul 20 2024
This week the median list price for Cupertino, CA 95014 is $3,134,000 with the market action index hovering around 72. This is an increase over last month's market action index of 71. Inventory has increased to 26. 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 appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Cupertino, CA 95014

Sat Jul 20 2024
This week the median list price for Cupertino, CA 95014 is $3,134,000 with the market action index hovering around 72. This is an increase over last month's market action index of 71. Inventory has increased to 26. 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 appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $3,134,000
Median Price of New Listings $2,999,000
Per Square Foot $1,630
Average Days on Market 77
Median Days on Market 18
Price Decreased 8%
Price Increased 8%
Relisted 0%
Inventory 26
Median Rent
Market Action 72
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$5,134,444 3,715 0.5 - 1 acre 5 4 45 0 0 42
$3,472,500 2,348 6,500 - 8,000 sqft 5 3 61 1 1 7
$2,999,999 1,643 6,500 - 8,000 sqft 4 2 64 2 0 14
$2,788,888 1,697 6,500 - 8,000 sqft 3 2 63 2 0 7