Cupertino CA Single Family Market Trend

By
Real Estate Agent with Keller Williams Realty Cupertino
An overview of Cupertino’s Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes: 1.) The Cupertino homes inventory rose to 137 this year from last year’s 95. The sold homes are a little less then last year. Last April sold 27 homes 27 and this April is 26. 2.) The averageCupertino homes price is still on the down turn. This year’s sold price is $1,095,319 vs last years’ $1,278,179. The median sales on Cupertino homes has dropped also from $1,199,000 to this year $955,000. 3.) It takes shorter this April to sell a Cupertino home as 26 days vs 27 days. With all the numbers we can tell there are more Cupertino homes for sale and less of them actually sold. The average and median price for Cupertino homes dropped about 10% from last April to this April. The above data information came from the www.reil.com and the graph information came from the http://www.clarusresource.com/ If you are planning to buy or sell homes in Silicon Valley, I offer a free 45 min. consultation to cover a complete he current real estate market. You can email me GraceKeng1@gmail.com If you or someone you know is thinking of buying or selling property in Santa Clara County ( sunnyvale, Cupertino, Saratoga, Moutain View, San jose..), California please contact Grace Keng, REALTOR® 408 799-8887 or email GraceKeng1@gmail.com

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