Cupertino, CA

Here are some current Inventory numbers for week 6 in the Cupertino area…once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 1 Single family homes currently listed as bank owned
• 8 Single family homes currently listed as short sales
• 11 Single family homes are currently overpriced
• 34 Single family homes sold in the past 90 days
• 46 Single family homes in escrow (7 short sales)
• 77 Single family homes listed for sale
• 24 Total homes in foreclosure
• $985,913 Median sale price for single family homes in past 90 days

Here are some current Inventory numbers for week 5 in the Cupertino area…once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 2 Single family homes currently listed as bank owned
• 8 Single family homes currently listed as short sales
• 15 Single family homes are currently overpriced
• 37 Single family homes sold in the past 90 days
• 42 Single family homes in escrow (4 short sales)
• 71 Single family homes listed for sale
• 24 Total homes in foreclosure
• $981,825 Median sale price for single family homes in past 90 days

It's the beginning of the year so time for the round-up of last year's distressed property sales in Cupertino. So here's what happened:

Single family and condo townhomes :

Total sales: 453

Short Sales: 21

REO: 11

Distressed sales as a percentage of total sales: 6.8%

Compare to 2010

Total sales: 844

Short Sales: 31

REO: 33

Distressed sales as a percentage of total sales: 7.6%

My conclusion:

The percentage of distressed properties in Cupertino is virtually the same between 2011 and 2010. Also a 6-7% distressed property sale percentage is not large enough to affect values. What is interesting is the number of total sales in Cupertino is significantly lower in 2012 than 2011.

If you have any questions about short sales or bank owned homes please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

650-619-9285

D.R.E. 01191194

Here are some current Inventory numbers for week 4 in the Cupertino area…once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 2 Single family homes currently listed as bank owned
• 9 Single family homes currently listed as short sales
• 18 Single family homes are currently overpriced
• 45 Single family homes sold in the past 90 days
• 36 Single family homes in escrow (5 short sales)
• 72 Single family homes listed for sale
• 23 Total homes in foreclosure
• $990,000 Median sale price for single family homes in past 90 days

Only 2 Distressed Cupertino, Calif. homes for Sale in zip code 95014

by Michelle Carr Crowe, Top 5% Santa Clara County real estate agent, ABR, CDPE and Cupertino homes expert

Are you looking for a bargain? Do you have all cash and are just waiting for the right opportunity? Are you willing to wait a while for the bank or lender to accept your offer?

Right now, as of Saturday, January 21, 2012, there are only 2 Cupertino distressed Properties for Sale on the market without contracts...yet.

Additionally, there are some Cupertino Schools area foreclosures, and short sales (or potential short sales) in San Jose, Calif. 95129.

As an Accredited Buyer Representative (ABR) and Certified Distressed Property Expert, I and my team can negotiate the best terms for you...a contract that actually results in you getting the home you want.

If you're curious to learn more about these Cupertino zip 95129 Distressed Properties for Sale, Just Call 408-252-8900.

Summary of Comparable Properties CUPERTINO Distressed Homes for Sale

Status

Add'l Info

MLS Num

Address

Price

DOM

Beds

Baths (F|P)

SqFt

Lot Size

City

Age

Active

Short Sale

81103902

10122 SOUTH TANTAU AV

$929,888

359

3

2|0

2,053

9,375 Sqft

Cupertino

62

Active

Short Sale

81141162

10160 CALVERT DRIVE

$649,900

117

3

2|0

1,562

5,643 Sqft

Cupertino

60

Are these homes not quite what you are looking for?

See all Cupertino single family homes for sale

http://justcall.kwrealty.com/listings/areas/28050/Community/Cupertino/propertytype/SINGLE/listingtype/Resale%20New,Foreclosure%20Bank%20Owned,Short%20Sale,Lease%20Rent,Auction/sort/mlsupdatedate+desc/

See Cupertino short sale homes for sale here

http://justcall.kwrealty.com/listings/areas/28050/Community/Cupertino/propertytype/SINGLE,CONDO,MULTI,LAND,FARM,MOBILE,INCOME,COM,VAC,RENTAL/listingtype/Short+Sale/sort/mlsupdatedate+desc/

Search all homes for sale in Santa Clara County (and beyond)

Free Reports on Distressed Properties for Sale in Cupertino schools areas, including Cupertino, San Jose, Sunnyvale, Saratoga, Los Altos and Santa Clara, Calif.

We provide FREE reports on distressed properties – pre-foreclosures, foreclosures, bank-owned homes and short sales - in a variety of zip codes to buyers like you.

Just send an email with “bank-owned Cupertino, Calif. homes”, “short-sale Cupertino, Calif. homes”, “pre-foreclosure Cupertino, Calif. homes” or "distressed Cupertino, Calif. homes" to: getresultsteam@gmail.com.

We also provide free reports on all Santa Clara County bank-owned, short sale, pre-foreclosure and distressed homes including homes, condos, townhomes and land for sale in Cupertino, Saratoga, Los Gatos, Palo Alto, Los Altos, Campbell and San Jose.

© 2012 All Universal Rights Reserved.

All information deemed reliable but not guaranteed, buyer to verify.

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