Intero's Market Report

Cupertino, CA

Single-Family Homes



Cupertino, CA

Sun Jan 29 2023
This week the median list price for Cupertino, CA is $2,388,000 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has decreased to 9. 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

Sun Jan 29 2023
This week the median list price for Cupertino, CA is $2,388,000 with the market action index hovering around 54. This is an increase over last month's market action index of 51. Inventory has decreased to 9. 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 $2,388,000
Median Price of New Listings $2,961,500
Per Square Foot $1,301
Average Days on Market 137
Median Days on Market 56
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 54
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,581,500 2,280 8,000 - 10,000 sqft 4 2.5 54 1 1 84
$2,473,944 1,402 6,500 - 8,000 sqft 3 2 62 1 1 28
$2,344,000 2,120 6,500 - 8,000 sqft 4 2.5 58 0 1 224
$1,980,000 1,803 0.25 - 0.5 acre 2 2 74 0 0 56