Mary Pope-Handy's Market Report

Cupertino, CA

Single-Family Homes

Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Cupertino, CA

Tue Oct 19 2021
This week the median list price for Cupertino, CA is $3,039,000 with the market action index hovering around 79. This is less than last month's market action index of 81. 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

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

Tue Oct 19 2021
This week the median list price for Cupertino, CA is $3,039,000 with the market action index hovering around 79. This is less than last month's market action index of 81. 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

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 $3,039,000
Median Price of New Listings $3,294,000
Per Square Foot $1,287
Average Days on Market 65
Median Days on Market 21
Price Decreased 17%
Price Increased 11%
Relisted 17%
Inventory 18
Median Rent $4,445
Market Action 79
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$5,649,975 4,223 0.25 - 0.5 acre 5 6 0 0 0 56
$3,688,750 2,972 8,000 - 10,000 sqft 4 4 16 2 1 14
$2,700,000 2,273 6,500 - 8,000 sqft 4 3 46 1 0 28
$1,898,000 1,360 4,500 - 6,500 sqft 3 2 66 1 2 14