January 2021 Market Report, Cupertino CA 95014 and West San Jose Ca 95129.
We are consistently seeing homes receive 10+ offers and more inventory coming onto the market.
Interested in how to compete in a competitive seller’s market? Check out our 4 tips that take you through the process on beating multiple offer situations.
- 45 new homes listed which is 18 more than December 2020 and 10 more homes than January 2020
- Median Sales Price dropped by 6% from December 2020 to January 2021
- 27 homes closed in January 2021 compared to 30 in December 2020
- Sellers received 108% of their list price in January 2021 compared to 105% in December 2020
- The average days on market is currently 8 days
– Thomas Feng