Cupertino, CA Market Update for October 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: 21.3%*

Average	September 2007	October 2007	% Change
Asking Price	$1,196,167	$1,058,684	-11.5%
Sales Price	$1,203,045	$1,079,580	-10.3%
% of Asking Price	101%	102%	1.0%
$/SQFT	$620	$605	1.9%
Days on Market	39	40	2.6%
Total Transactions	26	22	-15.4%

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 11/7/2007: 89 properties on the market with 19 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.