Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Cupertino, CA

Sat May 30 2020
This week the median list price for Cupertino, CA is $2,288,000 with the market action index hovering around 65. This is less than 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

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cupertino, CA

Sat May 30 2020
This week the median list price for Cupertino, CA is $2,288,000 with the market action index hovering around 65. This is less than 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

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $2,288,000
Per Square Foot $1,006
Days on Market 62
Price Decreased 26%
Price Increased 11%
Relisted 16%
Inventory 19
Median Rent $5,600
Most Expensive $6,399,888
Least Expensive $1,588,000
Market Action 65
Strong Seller's Market

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
$4,249,388 4,235 0.5 - 1 acre 5 4 29 1 1 61
$2,712,338 2,985 6,500 - 8,000 sqft 4 3 25 1 1 128
$1,988,000 1,676 6,500 - 8,000 sqft 3 2 60 2 1 15
$1,650,000 1,249 4,500 - 6,500 sqft 3 2 65 1 1 43