Market Report - The Brasil Group

Cupertino, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA

Fri Mar 05 2021
This week the median list price for Cupertino, CA is $1,198,500 with the market action index hovering around 60. This is less than last month's market action index of 62. Inventory has held steady at or around 18. 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 been flat for several weeks. 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

Fri Mar 05 2021
This week the median list price for Cupertino, CA is $1,198,500 with the market action index hovering around 60. This is less than last month's market action index of 62. Inventory has held steady at or around 18. 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 been flat for several weeks. 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 $1,198,500
Per Square Foot $993
Days on Market 18
Price Decreased 6%
Price Increased 6%
Relisted 0%
Inventory 18
Median Rent $2,995
Most Expensive $2,425,000
Least Expensive $738,000
Market Action 60
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
$1,977,000 1,672 0 - 4,500 sqft 2 2 10 1 1 49
$1,343,000 1,298 0 - 4,500 sqft 2 2 31 3 1 35
$1,070,000 1,062 0 - 4,500 sqft 2 2 31 1 1 14
$845,000 871 0 - 4,500 sqft 1 1 37 2 1 21