The May 2007 Completed Sales Report for Cupertino’s Single-Family Homes saw a closing of 60 sales receiving 104.98% of list price! These closings represented a median price of $1,171,900 and an average price of $1,249,363. There were also 67 new listings reported.

Cupertino’s Condo/Townhouses had 14 closed sales receiving 99.76% of list price. These closings represented a median price of $609,925 and an average price of $638,816. There were 27 new listings for the month of May. Cupertino’s Single-Family Homes had an average of 20 Days on Market while Cupertino’s Condo/Townhouses listings reported 16 Days on Market.

It’s a good thing KAPOWICH REAL ESTATE is a member of REInfoLink, (Silicon Valley’s Multiple Listing Service which also maintains statistics on real estate transactions). We love this stuff!