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.

January 2021

  • 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

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