What is the current Cupertino Ca Real Estate market? If we compare from May 2008  to May 2009 which has shown some interesting changes:

1). Home inventory rose up from this year from last year’s  81 to this year 127.  The numbers of sold homes has dropped from last year 46 to 31 this year.

2.) The average Cupertino homes sales price is lower.  This May sales  price is $1,112,518 vs last May’s ’ $1,299,204. The median sales of May 2009 is $1.062,000 which is dropped from last May’s $1,250,000.

3.) Last May took average 27 days to sell a home however this year will need 61 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 70% more home inventory  and 30% less the Cupertino homes get sold.  The average Cupertino sales price dropped 13% and the Cupertino  median price homes dropped 16% from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers really a good realtor to help the home buyers to buy and sellers to sell. 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 me because I offer a free 45 min. consultation to cover the complete local current real estate market. You can email me GraceKeng1@gmail.com