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Cupertino Real Estate Market Avg DOM and Avg Sales Prices Over List Price Ratio By Month

Cupertino Real Estate - Recent Home Sales,Market Trends - 2012

Cupertino Real Estate Market Stays In Demand

The Cupert ino Real Estate market has cont inued on with the Summer t rend. As of mid-Sept 2012,we see trends cont inuing to favor high demand for houses, and as a result , a t rend for housesselling at higher prices over list prices. Houses are tending to remain in the market a bit longer inSeptember 2012 than in May 2012, at which point , the days on market average for Cupert ino wasthe lowest of 15 days. In the chart below, the red bar chart represents the Days On Marketaverage for each month since January 2012, and the blue line chart represents the rat io of salesprice over list price expressed as a percentage. As you can see, the DOM has tended to creep upa bit but the Sales to List rat io has remained above 100% and cont inues in that t rend indicat ingconsistent and cont inuing demand for homes.

Recent Home Sales in Cupertino, CAThe speadsheet below shows the most recent home sales recorded for Cupert ino real estate areamarket. In the table below, the List Price column has been retained in Blue and the correspondingSale Price column shows Red color for houses that sold lower than the List Price, Green color forthose that sold over List Price and Blue color for those that sold at same price as List Price.

Bookmark this blog post to look for updates on recent sales in the coming months.

Summary

In conclusion, one can expect the Cupert ino real estate market to level of f a bit as the school yearprogresses, and number of move-in ready buyers t rickle down. That said, at this point , theCupert ino market cont inues to see brisk demand from buyers and with rents going higher in thearea, one can expect a steady stream of buyers for homes in the most sought af ter good schooldistrict localit ies, which is pret ty much all of Cupert ino. We cont inue to see mult iple of fer situat ionsin most houses but the number of mult iple of fers has certainly come down from over 10s of of fersto the low single digits.

Do not hesitate to contact me to discuss your real estate investment or home sales needs. I amnever too busy for you or for your referrals!

Author Ranjana Shreedhar, Realtor:

If you are planning to Sell your house, learn how to make the most for your house in this market and

to attract the best offers for your valuable property. Call me for a no-obligation evaluation, and a listing

presentation at 408-861-8026.

If you are in the market to buy your dream home, learn how I can help you find your dream home,

and be there for you throughout the purchase process.

Contact me through Email or on phone (408)861-8026 or through the handy contact form on this

page.

Posted in: Cupert ino