Cupertino, CA Market Update for July 2007

Here are the latest real estate market statistics for Cupertino, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 20.3%*

Average	June 2007	July 2007	% Change
Asking Price	$1,048,909	$1,166,249	11.2%
Sales Price	$1,061,324	$1,174,348	10.6%
% of Asking Price	101%	101%	0.0%
$/SQFT	$619	$577	-6.8%
Days on Market	47	50	6.4%
Total Transactions	56	64	14.3%

Search for homes in Cupertino, CA and read a neighborhood overview of the Cupertino, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 74 properties on the market with 15 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.