Cupertino city is a smaller city about 50,500 population in Santa Clara County, California, U.S., directly west of San Jose on the west side of the

 Santa Clara Valley or Silicon Valley. We experienced a robust real estate market past November, 2009. Let us compare from November 2008 to November 2009:

1) The average Cupertinohomes sales price is much higher  this year  The November’s sales

price is $1,233,798 vs last November`s $943,142. The median sales of

November 2009 is $1,208,400 from last November`s $940,000.

3.) Last November DOM (days on Market) is 69 days vs 66 days last year.

 1). Home inventory droped from last year’s 75 to 62 this year.  The numbers of sold homes has gone up this year to 28 from last year’s 7.

This real estate trend is the same as last month. In November of 2009

there were17% less homes for sale  and 300% more Cupertino homes

were sold. The average Cupertino sales price increased  30.8% and the

Cupertino median price homes has increased 28.5% from last November to this November.

The above data information came from the www.reil.com.

1). Home inventory rose this year to 132 from last year’s 79.  The numbers of sold homes dropped this year to 37 from last year’s 38.

2.) The average Cupertino homes sales price is lower this year.  This June’s sales
price is $1,148,020 vs last June $1,199,084. The median sales of
June 2009 is $1.111,000 which has dropped from last June $1,197,000.

3.) Last June took  average 35 days to sell a home but  it took 50 days this year.

This real estate trend is the same as last month. In June of 2009
there were 67% more homes for sale  and 33% less Cupertino homes
were sold. The average Cupertino sales price dropped 4.25% and the
Cupertino median price homes has dropped 7.18% from last June to this June.
The above data information came from the www.reil.com.

Grace Keng of RE/MAX Real Estate Services DRE#00919545  the members of the National Association of Realtors, (NAR),the California Association of Realtors, (CAR), and the Silicon ValleyAssociation of Realtors, (SILVAR),  MLS listings Services, (REIL).

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

             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

                 With all the numbers we can tell there are more

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®.

Look 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.

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.

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

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).

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

.

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

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.