Market Report - The Brasil Group

Cupertino, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA

Thu Mar 28 2024
This week the median list price for Cupertino, CA is $1,238,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 11. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Cupertino, CA

Thu Mar 28 2024
This week the median list price for Cupertino, CA is $1,238,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has increased to 11. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $1,238,000
Median Price of New Listings $1,238,000
Per Square Foot $1,061
Average Days on Market 36
Median Days on Market 7
Price Decreased 0%
Price Increased 18%
Relisted 9%
Inventory 11
Median Rent
Market Action 49
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
$2,183,500 1,765 - 3 3.3 0 2 0 0
$1,599,888 1,560 0 - 4,500 sqft 3 2.5 52 0 1 21
$1,228,000 1,166 0 - 4,500 sqft 2 2 42 1 1 7
$1,150,000 1,154 0 - 4,500 sqft 2 2 40 2 2 0