Cupertino, CA

What is the current Cupertino Ca Real Estate market? Let us compare from June 2008 to June 2009 we can see some interesting changes:

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).

Cupertino is a mid sized city. It is about 45 minutes drive to city of San Francisco. It is close to the heart of Silicon Valley. Cupertino offers a short commute to most high tech firms, including the headquarters of HP, Apple, Trend Micro System, Symantec and Borland. Cupertino has joined Milpitas as the second city in the silicon Valley where the majority of residents is Asian.Cupertino is best renowned for the quality of its schools for good students and teachers with end result of great API scores.

Many schools have won state and national recognition for their academic excellence. The Computer education is one of best part. The Vice President Al Gore once visited theMonta Vista High School and Homestead High was honored at a White House ceremony. While Cupertino schools receive most of the attention, the recreational activities are plentiful as well also.

The city itself offers over 200 activities from cross culture acitivities for different backgrounds to the soccer teams. There are a lot of after-school music programs. Residents enjoy the city events such as the arts and wine festival, Heritage parade , Summer Shakespeare concert, sun down movies , Spring Cherry Blossom festival etc. The Cupertino has 13 parks, a nature preserve, and a racquet club as well as bowling and ice-skating. The local Junior College, De Anza, offers many classes for local community. The Cupertino weather is mild from the winter average temperatures from 50 degrees to summer averages around 80 to 90 degrees.

Cupertino has a wide variety of housing choices. The view homes are more expensive, around 1 to $2 millions in price. The rest city homes are more moderately from a condo of $400k to a single family home for $900,000. This spring I sold a newer Cupertino homes in Seven Spring for over 1.3 millions. While schools receive most of the attention in Cupertino, recreational activities are plentiful as well. Residents enjoy the city events such as the arts and wine festival, Heritage parade and De Anza Days under pleasant skies with winter average temperatures of around 50 degrees and summer averages around 80 degrees. Cupertino is a great place to live!

I found a Cupertino short sale homes asking only $499K today. I rubbed my eyes to see if I come cross a mistake. It is not a mistake! This small 2 bedrooms and one bath fix upper home with over 6000 sf lot. Considering the median sales price of $927,500 for 95014 , this small fixer upper is a steal. A real estate short sale is a type of pre-foreclosure sale in which the lender agrees to sell a property for less than the mortgage owed by the owner.

Yes! This Rancho Rinchonada area of Cupertino home price just like the price durning the year of 2002 or 2003. Accordining the Wikipedia that "Rancho Rinconada is a residential neighborhood in the eastern part of Cupertino, California. It is bordered by Saratoga Creek (just west of Lawrence Expressway), Stevens Creek Boulevard, Miller Road, and Bollinger Road. Cupertino High School, Sedgwick Elementary School, and Hyde Middle School." There are many large newer home up to 1.5 Millions and small home as this one for only $495K. There home owners and flippers built larger homes in this area.

Rancho Rinconda is a unique area. It is the most affordable area in Cupertino . This area has blocks and blocks of inexpensively built homes. As the time goes by some of the larger and newer homes were built in between of those small homes. We all know the value is in the LAND. If you buy this home you can either redevelope or add roomes to it.

City of Cupertino’s Cinema of the Sundown series begins July 16 with a showing of Kung Fu Panda. The animated film will be shown outside on big screen at the memorial park amphitheater. The series will continue with showing of Back to the future on July 23 and Hairspray on July 30. All films Begin at 8:30 PM and admission is free. Memorial Park is located at the intersection of Stevens Creek Boul. and Mary Av. You may access to the park is also available from 10185 N. Stelling Rd Cupertino..

Posted on 29 June 2009 by gracekeng

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.

Every home buyers and sellers need a good realtor to help them. 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