Cupertino Housing Market Report – May 2026
Here's a look at how the Cupertino, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 33
- Median Sale Price: $3,302,000
- Average Sale Price: $3,099,436
- Average Price Per Sq Ft: $1,442
- Average Days on Market: 43
- Sale-to-List Price Ratio: 103.8%
Month-Over-Month Trends
Compared to April, the median sale price in Cupertino moved 4.7% up (from $3,155,000 to $3,302,000). The number of homes sold was 17.9% up compared to the prior month (28 vs. 33). Average days on market shifted 2.3% down (44 days to 43 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 27.0% up (from $2,600,000 to $3,302,000). Sales volume is 10.8% down year-over-year.
What This Means
Cupertino's luxury real estate market is showing resilience this May, with median prices climbing 27% year-over-year to $3.3 million. That's a notable jump that reflects strong underlying demand in Silicon Valley's crown jewel, likely driven by tech sector strength and limited inventory of premium properties. The month-over-month gains are more measured but consistent, suggesting the market has found some stability after the volatility of recent years.
What's encouraging for sellers is the sub-50-day average time on market and the 103.8% sale-to-list ratio, indicating homes are still moving briskly and often fetching above asking prices. This is classic strong-seller territory. However, the 82 active listings sitting with a 64-day average suggests some inventory buildup at the asking price level, particularly in the $2.86 million median listing range. That gap between what's selling ($3.3 million) and what's listed hints that some sellers may still be calibrating expectations.
The inventory-to-sales ratio warrants watching. While month-over-month sales activity ticked up nicely, year-over-year volume is down 10.8%, suggesting the spring season is helping but hasn't fully offset slower periods earlier in the year. For buyers, it's a more balanced market than we've seen recently, though pricing power clearly remains with sellers on well-positioned properties.
Cupertino Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95014 | 33 | $3,302,000 | $1,442 | 43 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 24 | $3,525,000 | $1,584 |
| TOWNHOMES | 9 | $1,500,000 | $1,064 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $750K+ | 32 |
Current Active Listings
As of this report, there are 82 active listings in Cupertino with a median asking price of $2,864,000 and an average of 64 days on market.
Thinking About Selling Your Cupertino Home?
If you're a homeowner in Cupertino considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Cupertino and throughout Santa Clara County — get a no-obligation cash offer today.