Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Cupertino, CA

Tue Jul 14 2020
This week the median list price for Cupertino, CA is $2,646,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 30. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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

Tue Jul 14 2020
This week the median list price for Cupertino, CA is $2,646,000 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 30. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 $2,646,000
Per Square Foot $1,111
Days on Market 69
Price Decreased 27%
Price Increased 3%
Relisted 10%
Inventory 30
Median Rent $4,700
Most Expensive $6,399,888
Least Expensive $1,650,000
Market Action 51
Strong Seller's Market

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
$4,250,000 3,730 0.25 - 0.5 acre 5 4 26 0 0 53
$2,758,000 2,985 8,000 - 10,000 sqft 4 3 31 0 0 109
$2,492,500 2,310 6,500 - 8,000 sqft 3 2 51 0 3 61
$1,812,500 1,541 6,500 - 8,000 sqft 3 2 59 3 0 54