Cupertino Housing Market Report – June 2026
Here's a look at how the Cupertino, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 23
- Median Sale Price: $3,250,000
- Average Sale Price: $2,851,582
- Average Price Per Sq Ft: $1,373
- Average Days on Market: 53
- Sale-to-List Price Ratio: 103.6%
Month-Over-Month Trends
Compared to May, the median sale price in Cupertino moved 1.6% down (from $3,302,000 to $3,250,000). The number of homes sold was 30.3% down compared to the prior month (33 vs. 23). Average days on market shifted 23.3% up (43 days to 53 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 4.2% up (from $3,117,839 to $3,250,000). Sales volume is 42.5% down year-over-year.
What This Means
Cupertino's housing market is showing signs of fatigue heading into summer. While prices remain resilient year-over-year with a 4.2 percent gain, the month-to-month median price dipped slightly to $3.25 million, suggesting we may be hitting a local ceiling. More telling is the inventory situation: homes are lingering on the market longer, with average days increasing from 43 to 53 days, and active listings have climbed to 89 properties. This inventory buildup is typical for early summer but indicates less competitive bidding—buyers now have breathing room after years of multiple-offer situations.
The sharp 30 percent decline in monthly sales volume and the fact that homes are selling above asking (103.6 percent) paints a nuanced picture. Sellers are still getting premiums, but the pool of motivated buyers is shrinking. Higher mortgage rates and the extended time properties spend on market suggest price resistance is setting in among typical buyers. The relatively high price-per-square-foot of $1,373 reflects Cupertino's premium positioning in the Valley, but combined with slower absorption rates, expect modest price softening through summer unless sentiment shifts.
Cupertino Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95014 | 23 | $3,250,000 | $1,373 | 53 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 15 | $3,350,000 | $1,578 |
| TOWNHOMES | 5 | $1,280,000 | $1,041 |
| MULTI_FAMILY | 2 | $3,800,000 | $786 |
| CONDOS | 1 | $1,688,888 | $1,124 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 23 |
Current Active Listings
As of this report, there are 89 active listings in Cupertino with a median asking price of $2,838,000 and an average of 65 days on market.
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