Posted on 31 May 2009 by gracekeng
Look at the left graph you can see the
Cupertino median sold homes from April 2008 to April 2009. The April 2009 is the right most bar and the 1st from the left bar was the
Cupertino median sold homes in April 2008. 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 average
Cupertino 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®.
