Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Cupertino, CA

Wed Nov 13 2019
This week the median list price for Cupertino, CA is $2,399,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 25. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Cupertino, CA

Wed Nov 13 2019
This week the median list price for Cupertino, CA is $2,399,000 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has held steady at or around 25. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $2,399,000
Per Square Foot $1,053
Days on Market 54
Price Decreased 28%
Price Increased 12%
Relisted 8%
Inventory 25
Median House Rent $3,995
Most Expensive $6,125,000
Least Expensive $1,648,000
Market Action Index
Strong Seller's Market
49

The market seems to have paused around this plateau. 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
$4,139,000 3,596 0.25 - 0.5 acre 5 4 10 0 0 84
$2,730,000 2,798 6,500 - 8,000 sqft 4 3 31 0 4 59
$2,312,500 2,325 8,000 - 10,000 sqft 4 2 51 0 2 29
$1,899,000 1,442 6,500 - 8,000 sqft 3 2 64 0 3 46