Days On Market for Cupertino Houses

Cupertino is one of the most expensive real estate markets in San Francisco Bay Area. The residential real estate market in Cupertino is driven not only by the extremely high API scores of its local public schools, but the close location the Silicon Valley tech giants like Apple, Google and Adobe.

Many home buyers look at "Days On Market", the average number of days a house is offered for sale before it sells, to spot changes in the Cupertino real estate market and looks like the right time is coming. Increasing "Days On Market" implies home buyers are not being as competitive to buy homes.

Take a look on 2 bedroom condo in TraVigne Villas Cupertino condo development located at 19999 Stevens Creek Boulevard #109. TraVigne Villas condos located within walking distance to top Cupertino schools: Collins Elementary school, Lawson Middle school and Cupertino High school and near the new Apple campus, close to AMC Cupertino Square 16, 34 restaurants on Market Place and newest Main Street, shopping like Whole Foods, Target, Ranch 99.

Anyhow the condo not only seats on the market for 65 days already, but the price was reduced recently from $950,000 to $945,800. It is not a bug change, but something is going on. May be Cupertino real estate is already shifting to buyer's market?