Cupertino Real Estate – Housing Sales Report | Stats and Graphs for July 2010

As of July 31, 2010 the market statistics for Cupertino, CA were as follows:

Single Family homes

  • Active – 156  (June’s active inventory was 149)
  • New listings for the July – 97
  • Closed sales – 76
  • Current Average Days on Market – 34 (
  • Average Sales Price - $1,014,145
  • Percent List Price received – 99.3%

Landscape Chart

Condo / Townhouse

  • Active – 77 (June’s active inventory was 85)
  • New listings for July – 35
  • Closed sales – 27
  • Current Average Days on Market – 77 days
  • Average Sales Price - $583,666
  • Percent List Price received – 98.55%

Landscape Chart

Median home prices continue to climb back to 2009 levels for both single family and condos/townhouses. Unfortunately current numbers are still well below record numbers seen in the summer of 2008. The encouraging news we continue to see homes sell with multiple offers in the most desirable areas of Cupertino, CA. Homes priced well, clean and ready to move-in are selling as fast as two weeks.

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