Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Cupertino, CA

Wed Jan 22 2020
This week the median list price for Cupertino, CA is $2,100,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has held steady at or around 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cupertino, CA

Wed Jan 22 2020
This week the median list price for Cupertino, CA is $2,100,000 with the market action index hovering around 59. This is less than last month's market action index of 60. Inventory has held steady at or around 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $2,100,000
Per Square Foot $1,015
Days on Market 102
Price Decreased 44%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent $4,950
Most Expensive $3,968,000
Least Expensive $1,750,000
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$3,371,500 3,230 0.25 - 0.5 acre 4 4 27 1 0 21
$2,675,190 3,368 0.25 - 0.5 acre 5 3 29 0 0 262
$2,044,000 2,110 6,500 - 8,000 sqft 4 2 55 1 0 56
$1,789,000 1,442 6,500 - 8,000 sqft 3 2 54 1 0 79