Market Report - The Brasil Group

Cupertino, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Cupertino, CA

Sat Mar 02 2024
This week the median list price for Cupertino, CA is $1,228,000 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has increased to 9. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Mar 02 2024
This week the median list price for Cupertino, CA is $1,228,000 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has increased to 9. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,228,000
Median Price of New Listings $1,043,944
Per Square Foot $959
Average Days on Market 54
Median Days on Market 21
Price Decreased 0%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 48
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
$1,807,500 1,516 - 2 2.8 0 0 0 21
$1,399,000 1,352 0 - 4,500 sqft 2 1.8 52 0 0 91
$1,213,500 1,210 0 - 4,500 sqft 2 2 30 0 0 129
$999,888 1,154 0 - 4,500 sqft 2 2 40 2 0 0