Cupertino, CA 95014 Real Estate Market Report

ZIP Code: 95014
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cupertino are 6.37%, which is 0.50% higher than the 5.87% rates available to property owners in this market during February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The most reliable recent market signal is the median sold price of $2,999,000, which represents the primary indicator of realized market value and should be used as the anchor for pricing decisions in this ZIP code.

2. Listing expectations are close to transaction outcomes: the median listing price of $2,989,000 sits near the median sold price, which may indicate limited pricing gap between asking and achieved values; sellers should still plan for negotiation and proof points to justify offers above this level. up

3. Market velocity appears muted based on a median days on market of 247, which suggests slower sales cadence and potential pricing friction; sellers may need staged marketing and buyers can expect longer decision windows even though the market is labeled hot.

4. Broader market context supports continued price strength: the market temperature is hot, price year-over-year trend is up, and rent year-over-year trend is up; however, interest rate pressure is moderate (current property rate comparison shows 30-year fixed mortgage rates at 6.37%, versus 5.87% earlier), so financing costs could temper some buyer urgency—use targeted pricing and financing-sensitive terms to maintain competitiveness.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Cupertino, CA 95014 Real Estate Market Report

ZIP Code: 95014
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cupertino are 6.37%, which is 0.50% higher than the 5.87% rates available to property owners in this market during February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The neighborhood’s primary market signal is the median sold price of 1,298,000, which represents the most reliable indicator of realized value in recent transactions; note the median listing price of 1,158,000 may reflect seller expectations that are not fully aligned with completed sales, so adjust pricing strategy to comparable solds rather than askings.

2. Liquidity appears mixed: the median days on market of 354 suggests slower sales velocity even as the marketTemperature is hot, and the sample’s composition points to relatively constrained active supply—this combination may indicate pricing friction where motivated buyers face limited choice but sales take longer to close.

3. Price positioning is elevated: the median price per square foot is 1,007, which together with a median market rent of 3,250 signals premium per-square-foot valuation; sellers should lean on per‑sqft comps when justifying list prices, and buyers should benchmark offers to the 1,007 per‑sqft metric.

4. Financing conditions exert a measurable headwind: the current local 30‑year fixed rate of 6.37% and reported interest rate pressure described as moderate suggest affordability sensitivity—agents should prepare buyer-side scenarios at 6.37% and emphasize rate-shopping tactics to preserve buyer pool and transaction certainty.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.