Market Report - The Brasil Group

Cupertino, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA

Tue May 11 2021
This week the median list price for Cupertino, CA is $1,089,000 with the market action index hovering around 60. This is an increase over last month's market action index of 56. Inventory has decreased to 14. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Cupertino, CA

Tue May 11 2021
This week the median list price for Cupertino, CA is $1,089,000 with the market action index hovering around 60. This is an increase over last month's market action index of 56. Inventory has decreased to 14. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Cupertino market.
Median List Price $1,089,000
Median Price of New Listings $1,299,000
Per Square Foot $986
Average Days on Market 49
Median Days on Market 21
Price Decreased 21%
Price Increased 0%
Relisted 7%
Inventory 14
Median Rent $2,910
Market Action 60
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,495,000 1,598 0 - 4,500 sqft 3 3 15 0 2 7
$1,299,000 1,182 0 - 4,500 sqft 2 2 42 2 2 0
$1,039,944 1,230 0 - 4,500 sqft 2 2 37 0 0 21
$996,500 991 0 - 4,500 sqft 1 1 30 0 2 70