Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Cupertino, CA

Fri Dec 06 2019
This week the median list price for Cupertino, CA is $2,474,500 with the market action index hovering around 56. This is an increase over last month's market action index of 49. Inventory has held steady at or around 16. 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

Fri Dec 06 2019
This week the median list price for Cupertino, CA is $2,474,500 with the market action index hovering around 56. This is an increase over last month's market action index of 49. Inventory has held steady at or around 16. 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 $2,474,500
Per Square Foot $958
Days on Market 64
Price Decreased 25%
Price Increased 19%
Relisted 6%
Inventory 16
Median Rent $3,795
Most Expensive $6,125,000
Least Expensive $1,799,000
Market Action 56
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
$4,498,944 3,613 0.25 - 0.5 acre 5 5 15 0 1 42
$2,705,000 2,758 0.25 - 0.5 acre 4 3 28 0 3 124
$2,398,500 2,526 6,500 - 8,000 sqft 4 3 50 0 1 31
$1,943,999 2,169 6,500 - 8,000 sqft 3 2 52 0 2 59