|
Trends At a Glance |
Jan 2009 |
Previous Month |
Year-over Year |
|
Median Price |
$1,291,000 |
$1,181,000 (+9.3%) |
$1,097,890 (+17.6%) |
|
Average Price |
$1,203,590 |
$1,180,200 (+2.0%) |
$1,059,540 (+13.6%) |
|
No. of Sales |
9 |
10 (-10.0%) |
9 (0.0%) |
|
Pending Properties |
11 |
7 (+57.1%) |
23 (-52.2%) |
|
Active |
71 |
60 (+18.3%) |
46 (+54.3%) |
|
Sale vs. List Price |
96.4% |
96.1% (+0.5%) |
100.2% (-3.6%) |
|
Days on Market |
35 |
49 (-29.3%) |
100 (-65.5%) |
Both the median and average price of Cupertino Single Family home is over million dollars. There are 71 homes available and january sold for 11 so we have 6.5 months inventory on the market. The days on the market is less and the price is slightly higher then last month's data.
Grace Keng, Silicon Valley real estate agent, (408) 799-8887 creator of www.GraceKeng.com , member of the Silicon Valley Association of Realtors (SILVAR) and memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR) and PhD of Realtor - Certified Residential Specialist (CRS).
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