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Cupertino - March 2008 - Real Estate Market Analysis

By
Real Estate Broker/Owner with Whitelaw & Sons Real Estate Services DRE# 00984909
The real estate market in Cupertino, California continues to buck the trends of the county in general.

Average home prices continue to increase. The average days on market continue to be low. The total inventory stays at a healthy ratio to the number of homes being sold (just under 3 homes on the market for every home that sells).

However, we do see some small signs of slowing. At the worst, it looks like things may flatten a bit for Cupertino - but even that would be a pessimistic view given the amazing performance of this community over the last few years while other locations have been hit hard.

Due to popular demand, I will be posting the narrative information for this analysis as I did last year. However, in the interests of getting the info out as soon as possible, the video presentation will be posted in advance of the narrative text.
Lisa Lambert
The Law Offices of Elisabeth A. Lambert - Fresno, CA
Esq. 1031 Exchange Expert

Robert:

I'm glad to see your market is doing well. The Central Valley still has a ways to go in this stabilization but it is creating some great deals for first time home buyers and investors.

Lisa 

 

Apr 09, 2008 06:37 AM