Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Cupertino, CA

Tue Mar 26 2019
This week the median list price for Cupertino, CA is $2,649,888 with the market action index hovering around 71. This is an increase over last month's market action index of 69. Inventory has held steady at or around 19. Click here to stay informed with the Cupertino market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Cupertino, CA

Tue Mar 26 2019
This week the median list price for Cupertino, CA is $2,649,888 with the market action index hovering around 71. This is an increase over last month's market action index of 69. Inventory has held steady at or around 19. Click here to stay informed with the Cupertino market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $2,649,888
Per Square Foot $1,057
Days on Market 31
Price Decreased 16%
Price Increased 5%
Relisted 0%
Inventory 19
Median House Rent $7,400
Most Expensive $4,398,000
Least Expensive $1,798,000
Market Action Index
Strong Seller's Market
71

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$3,739,000 4,832 1 - 2.5 acres 4 6 13 1 1 22
$2,899,888 3,051 6,500 - 8,000 sqft 4 3 42 0 2 84
$2,498,888 2,440 6,500 - 8,000 sqft 5 3 56 1 3 9
$2,098,888 1,873 6,500 - 8,000 sqft 4 2 59 3 3 7