Intero's Market Report

Cupertino, CA

Single-Family Homes



Cupertino, CA

Mon Dec 04 2023
This week the median list price for Cupertino, CA is $4,300,000 with the market action index hovering around 52. This is less than last month's market action index of 59. Inventory has decreased to 19. 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 been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Cupertino, CA

Mon Dec 04 2023
This week the median list price for Cupertino, CA is $4,300,000 with the market action index hovering around 52. This is less than last month's market action index of 59. Inventory has decreased to 19. 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 been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $4,300,000
Median Price of New Listings $0
Per Square Foot $1,385
Average Days on Market 137
Median Days on Market 84
Price Decreased 5%
Price Increased 5%
Relisted 5%
Inventory 19
Median Rent
Market Action 52
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$5,552,500 4,124 0.25 - 0.5 acre 5 5 25 0 0 115
$4,850,000 3,727 8,000 - 10,000 sqft 5 4.5 0 0 0 63
$3,688,000 2,741 6,500 - 8,000 sqft 4 3 52 0 1 35
$2,098,000 1,454 1 - 2.5 acres 3 2 68 0 1 168