• home-search
  • home-sellers
  • Free Home Analysis
  • Join the Bay Area Digs Network

Archive | Cupertino Real Estate

Cupertino CA May2009 Real Estate Market

Posted on 29 June 2009 by gracekeng

Cupertino CA memorial Park

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

Comments (1)

Cupertino CA April 2009 Real Estate Market

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®.

Comments (0)

Bank Own Homes for sale in Cupertino CA for sale

Posted on 16 May 2009 by gracekeng

Have you heard of the REO homes? It is also known as Bank Owned property; and they are the investor’s golden dream. These Bank Owned properties (REO) offer many financial advantages while lowering the risk associated with the purchase of a foreclosed property. The REO property offers quick equity due the purchase price is low. You may check a home in SC the investor walked away $108,000 gross in three months of owning this REO home. Those properties will always be vacant. They are ready for rehab, rent and home ownership. There are one in Cupertino, CA. The address is at 10524 S TANTAU AV, Cupertino 95014 (Cupertino)
$579,000 Beds: 2 bedrooms Baths: 1 bath. It was listed by Lydia Kou Alain Pinel Realtors. If you like to buy the bank owned home in Silicon Valley, Please contact me.

 

I have buyers asked me: ”With all the craziness in the financial market, is this the good time to buy a home?” or  “ Does the real estate prices hit bottom yet?” I will address those questions in coming issues.

Comments (0)

Cupertino Real Estate trend March 2009

Posted on 18 April 2009 by gracekeng

Cupertino real estate trend March 2009Look at the left graph you can see March 2009 is the right most bar and the 1st from the left bar was the Cupertino homes for sale in March 2008. An overview of Cupertino’s Single Family Real Estate market of March 2008 compared to March 2009 shows some interesting economic changes:

1.) The Cupertino homes inventory rose to 127 this year from last year’s 65.The sold homes are lower from 23 last March to 9 this year.

2.) The average price of Cupertino homes this year has lowered to $1,170,465 from last years’ $1,311,979. The median price on Cupertino homes has dropped from  $1,185,000$ to $1,050,000.

3.) It takes average 28 days to a Cupertino home, but last March was 24 days.

      With all the numbers that show we have more Cupertino homes for sale and less of them actually sold. The average and median price for Cupertino homes dropped about 9- 10% from last March to this March.

Comments (4)

Cupertino home market

Posted on 03 March 2009 by gracekeng

 

Cupertino Park

There is only one Cupertino bank owned single family home for sale on the market.



10071 Peninsula Ave Cupertino, Calif

95014

. It is was orginally listed on October 7th 2008 of asking price $649,000. It is a small 2 bedrooms and 1 bath in a smaller lot about 3300 sf. The current asking price is $522,500. This home belong to the best Cupertino Schools district that means : Steven Creek Elementary, Kenneday Junior high and Monta Vista

High school. We can compare this single family home with a Cupertino townhouse at 19830 Portal Pz Cupertino. It is a 2 bedrooms, 2.5 baths townhouse asking for $555,000. The last one sold in the same complex is more then $600,000.

 

Nowaday all buyers want to buy good deals. Yes! The buyers only get excited for special deal. There are two rules: the price needs to be low and the home needs good location and condition. Last Friday a buyer saw my blog regarding the Sunnyvale Bank Owned home. He asked me:” Can we negotitate the price of a bank owned home?” My answered is: “ Of course!” Let me tell the history of  one Cupertino reo home at





10208 Sterling Blvd Cupertino, California

95014

It is a  3 bedrooms 2 bath home sized around 1108 sf and lot 8208 sf. The backyard can hear the noise of the Lawrence Expressway. It was listed as a bank owned home from October 15 2008 for $674K and then it was dropped to $654,500 and it was sold on December 15 2008 and closed on 12/19/2008 for $650K. The last owner bought this home on June 30 2004 for $540,000. If you look at this

Cupertino home, the price goes up for 20% from mid 2004 to Dec 2008.

Comments (0)

Silicon Valley New homes Guide

Posted on 15 February 2009 by gracekeng

Sunnyvale New homes (Bordueaux photo is from it’s web page)

Many buyers asked me how to find new homes? Yes! the Brand New homes.

You may check out the local Newspaper: San Jose Mercury News real estate section, NewHomeSource.com , or contact your local realtor who is specialize the area. I know at least 3 new homes projects:

1). Oak park in Cupertino: They are condos right on the De Anza Blvd. near 280 for around $600,000. There are 8 floor plans from 1 bedroom to 3 bedrooms.

2). Cherry Orchard in Sant Clara: It is off Homestead Rd near Lawrence Expressway. There are 14 single family homes. The price range is from $799,888 to $849,888.

3). Bordeaux in Sunnyvale: It is a large townhouse project by KB homes which is a 80 units 3 levels townhouses project. It is located  near  Evelyn Ave and Fairoak Ave. The price start from $561,000.

4). 1244 Poplar Av. Sunnyvale: There are 3 brand new homes. It will be finished around February 20 2009. It is near El Camino Real and Lawrence Expressway.

5). 831, 835, 855 Monroe St. Santa Clara: There are 3 brand new homes from the price of $699,950 to $739,500.

If you are looking to buy new Silicon Valley homes, you may contact me:

GraceKeng1@gmail.com.

Grace Keng, Silicon Valley real estate agent,  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).

Comments (0)

Sunnyvale Bank Owned homes 1507 Bedford Ave

Posted on 24 January 2009 by gracekeng

Sunnyvale Bank Owned home

Sunnyvale REO home Grace Keng Realtor

1507 BEDFORD AV, Sunnyvale 
$949,900 Beds: 3 bedrooms Baths: 2 baths
about 52 years old with large lot 8200 square feet and inside is 1508 square feet. The best part of this home is located within the

Cupertino schools district. The

West

Valley elementary is about 2 blocks away, Cupertino Junior High is close and same as

Homestead

High school.Those 3 schools combination can be the best trio schools in

Sunnyvale. The last years comp sold at the Barton a little large for $1.15 Millions and even the last one closed in the neighborhood is $952K. There is another new listing for the same schools area 1858 sf asking 1.05 Million at

1057 CELILO DR

.

I will held an open house 2-5 PM January 24,2009.

Comments (1)

Two Cupertino homes sold for a different price?

Posted on 24 August 2008 by gracekeng

 

Cupertino REO home Two Cupertino almost identical homes but sold for a lot difference in price.

Yes! There are two Cupertino Rancho homes both are located at the same street Wunderlich Dr.

A street with mixed sized of homes some are about 2000 sf for 1.2 millions and the other tiny homes are about $650,000 range.

The 10415 Wunderlich past owner applied the building permit and approved by city of Cupertino for an addition to become a 3 bedrooms and 2 baths. Will this city permit costs $55,000?? I don’t think so.

 

Cupetino

inside

bd/ba

lot

COE date

Sold price

10295 Wunderlich Dr

10415 Wunderlich Dr

814 sf

814 sf

2bd/1 ba

2bd/1 ba

4947sf

4947sf

7/28/08

7/28/08

$625,000

$680,000

REO

Comments (0)

Cupertino REO Bank Own homes for sale

Posted on 23 August 2008 by gracekeng

REO Cupertino homeCupertino REO Bank Own homes

Cupertino REO BAnk Own homeCupertino Bank Own home

There is only one Cupertino bank own/REO homes on the market and two Cupertino REO have sold in pending. This home located 10440 JOHNSON AV, Cupertino 95014. It is only 7 years old, 3 bedrooms and 2 baths and two car garage. It is located at the most affordable area Cupertino Rancho Riconada. This area has the excellent Cupertino schools with Hyde Junior High and Cupertino High School. It has light color hardwood flooring through out with open floor plan. It has high ceilings. The kitchen has nice matching colored cabinets and granite counter tops and island. The master suite comes with his/her sinks, jetted tub, and shower. It does need a special attention. The garage door needs adjustment, missing wall lights. There are many other bank owned listings in the surrounding areas such as Sunnyvale, Santa Clara, San Jose and Campbell. The San Jose has the most bank own and short sales homes available. I have another article about the foreclosure homes you may want to read it.

Comments (2)

Cupertino Bank Owned/REO Single Family Home

Posted on 17 July 2008 by gracekeng

18624-loree-av.jpg

This Cupertino bank own/REO homeis just on the market for $684,5000. This one is lowest priced 3 bedrooms 1 bath and 1 car garage and it is located at the most affordable area Rancho Ricinconada. This area has the excellent Cupertino schools.

 There are many other bank owned listings in the surrounding areas such as Sunnyvale, Santa Clara, San Jose and Campbell. The San Jose has the most bank own and short sales homes available.

There is another bank owned property in this area. It is a 3 years old Sunnyvale home with 1483 sf and 3 bedrooms and 3 baths for $599,900


Comments (0)



Prices for CUPERTINO

 

Featured Listings
1456 Ranchita Court
Los Altos, CA
4 BR | 2.50 BA $1,468,000

What is Your Home Worth?

Find out in seconds.

  • The estimated vaue of your home.
  • Markets stats for your city, and zip.
  • Recent sales and comparables
  • Free Online Report
Address:

City, State or Zip:

 

Property Watch
Get new Listings emailed to you as soon as they hit the market
- Don't miss any listings.
- It's Free and Save you time.
- Cancel Anytime

Financial Calculator

Sale Price of Home:
$
Percentage Down:
%
Length of Mortgage:
years
Annual Interest Rate:
%
Explain Calculations:
Show me the calculations and amortization

Real estate for Cupertino, Los Altos, Los Gatos, and surrounding Bay Area cities.


Website Traffic
- Webmasters helping webmasters develop high value relevant links. Promoting ethical web-marketing using the time trusted pillars of relevance and popularity.