Cupertino Housing Market Report – July 2026
Here's a look at how the Cupertino, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 29
- Median Sale Price: $2,628,000
- Average Sale Price: $2,528,966
- Average Price Per Sq Ft: $1,547
- Average Days on Market: 53
- Sale-to-List Price Ratio: 108.6%
Month-Over-Month Trends
Compared to June, the median sale price in Cupertino moved 19.1% down (from $3,250,000 to $2,628,000). The number of homes sold was 26.1% up compared to the prior month (23 vs. 29). Average days on market shifted 0.0% down (53 days to 53 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 21.6% down (from $3,350,000 to $2,628,000). Sales volume is 16.0% up year-over-year.
What This Means
Cupertino's housing market is cooling noticeably as summer progresses. The median sale price dropped nearly 20 percent from June and is down 21.6 percent year-over-year, signaling real softening in buyer demand at the luxury end of the market. At $2.6 million, homes are still commanding premium prices, but sellers are increasingly willing to negotiate. The sale-to-list ratio of 108.6 percent, while still favoring sellers, suggests that bidding wars are becoming less common—a stark contrast to Silicon Valley's recent history.
Despite lower prices, homes are moving. The 53-day average on market remained stable month-over-month and is competitive for Cupertino. The bump in sales activity likely reflects data improvements rather than a true surge, but it does suggest that at lower price points, there's still genuine buyer interest. The 92 active listings with a median asking price above $2.7 million indicate that many sellers haven't fully adjusted expectations yet, creating a slight inventory advantage for savvy buyers.
The market appears to be finding a middle ground: prices are retreating from pandemic peaks, but reasonable homes still sell within reasonable timeframes. Interest rate pressures and tech sector uncertainty continue to weigh on California's most expensive markets, but Cupertino remains relatively resilient compared to broader slowdowns elsewhere in the Bay Area.
Cupertino Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95014 | 29 | $2,628,000 | $1,547 | 53 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 21 | $2,850,000 | $1,703 |
| TOWNHOMES | 5 | $1,100,000 | $998 |
| CONDO | 1 | $1,188,000 | $1,650 |
| CONDOS | 1 | $1,150,000 | $921 |
| OTHER | 1 | $5,700,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 29 |
Current Active Listings
As of this report, there are 92 active listings in Cupertino with a median asking price of $2,719,000 and an average of 66 days on market.
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