Closed Sales in Cupertino, California in July 2008
Property Type: Single Family Homes ~ Cupertino
There were 55 single family homes reported sold in Cupertino during the month of July 2008.
Current Inventory in the month of July 2008 = 128
The Average Price was $1,118,353
The Median Sales Price was $1,138,000
The Average Days of Market (DOM) was 21
% LP Received = 100.06%
There were 98 new listings reported in Cupertino, California in July 2008.
Property Type: Condo / Townhomes ~ Cupertino
There were 25 condos / townhomes reported sold in Cupertino during the month of July 2008.
Current Inventory in the month of July 2008 = 53
The Average Price was $730,403
The Median Sales Price was $740,000
The Average Days on Market (DOM) was 18
% LP Received = 99.47%
There were 38 new listings reported in Cupertino, California in July 2008.
Definitions:
Current Inventory = represents the total number of properties with status 1, 2, and 3.
Status 1 is active; Status 2 is pending with release; and Status 3 is pending without release.
Average Price = the sum of the sales prices divided by the number of sales.
Median Sales Price =is the sales price of the property that falls in the middle of all the sold properties.
Average DOM = the sum of the number of days on market for sold properties divided by the count of sold properties.
New Listings =the number of listings with a list date within the month being reported.
% LP Received = the sum of the sold prices divided by the sum of the list prices multiplied by 100.
Kathleen Daniels is a Cupertino ~ Silicon Valley Real Estate Broker serving the needs of home buyers and home sellers in Cupertino and Silicon Valley ~ Santa Clara County.
Kathleen Daniels
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