Cupertino Homes for Sale | June 2014 Cupertino CA Market Report
Cupertino is ranked by Forbes as one of the most educated small towns with top rated schools and ranked #27 in Money’s 2012 Best Places to Live. Cupertino is home to De Anza College and Memorial Park. In addition to being a great place to live, you will find plenty of restaurants and shopping.
Cupertino Homes market snapshot for the month of June 2014
- Active Listings: 20 = 4.8% decrease from May which had 21 listings
- Active Bank-Owned Homes: Zero and zero REO's in May
- Active Short Sales: Zero and zero short sales in May
- Median Price: $1,715,000 = 0.6% decrease from May ($1,725,000)
- Average Price: $1,709,020 = 3.0% increase from May ($1,659,380)
- No. of Cupertino Homes Sold: 42 = 27.3% increase from May (33 homes sold)
- Pending Properties: 21 = 41.7% decrease from May with 36 pending homes
- Bank-Owned Homes Sold: Zero and zero REO's in May
- Short Sales Sold: Zero and zero short sales in May
- Sale vs. List Price: 111.8% = 1.5% increase from May (110.2%)
- Average Days on Market: 13 days and 13 days in May
Year over year median home prices increased 23.6%; the average sales prices increased 18.7%; the number of sold homes increased 20.0%; and the number of active listings decreased 55.6%. Low inventory continues to impact the price of Cupertino homes.
June 2014 Cupertino Condo and Townhome Market Report
Photo By User Coolcaesar
If you are considering selling a Cupertino home, call today to schedule a free, no obligation consultation. We will show you the benefits of our listing marketing strategies and provide you with a free home valuation.
Call 408-972-1822 today!
If you are looking to buy a Cupertino home, we strongly recommend that you work with a local agent who will represent your best interests in a real estate transaction. We are highly skilled negotiators. Let our many years of experience go to work for you.
Need a Cupertino mortgage? We strongly recommend one of our top lending partners, John Meussner with Total Mortgage. Let John's expertise and experience go to work for you.
Cupertino Homes for Sale | June 2014 Market Report - By Kathleen Daniels, Broker-Owner KD Realty, selling Cupertino and San Jose Homes
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