Published October 11, 2026 in Market Update

More listings are giving buyers room, but Cupertino and West San Jose still move fast

By Brad Bell

Real estate, Cupertino & West San Jose - $1.2M+

The number that matters most right now: the Real Estate Data Aggregator counted 168 homes for sale across Cupertino and West San Jose in the three months ending August 31, 2026. That is up 86.7% from the same months of 2025. Sellers have more competition than they did a year ago. That changes how you price.

More supply does not mean a slow market. The Real Estate Data Aggregator counted 292 pending sales across these same ZIP codes in those same three months, up 5.8% from a year before. Buyers have more to look at, and they are still buying.

Nationally, Realtor.com reported active listings topped 1.16 million homes as of September 30, 2026, with price cuts on 20.8% of listings. That is the highest September share since 2018. Locally, the picture is tighter, but the direction is the same: buyers have more options than last year.

How each ZIP code read in the three months ending August 31, 2026

The five ZIP codes in this market do not all move the same way. Here is what the Real Estate Data Aggregator measured for each one.

What changed from a year ago

Prices moved in different directions depending on the ZIP. In 95014, the Real Estate Data Aggregator put the median sale price at $2,860,000, down 11% from the same period of 2025. In 94087, the median was $2,716,250, up 0.6%. In 95129, the median was $2,414,000, down 4.4%. In 95130, the median was $2,055,000, up 0.2%. In 95117, the median was $1,535,000, down 8.6%.

The price dip in 95014 is worth naming plainly. More supply arrived there too: homes for sale in 95014 rose 142.9% year over year, the largest jump in this group. More choices at the same demand level tends to soften prices. The median still sits at $2,860,000.

Speed: most homes still move in under three weeks

In 94087, the Real Estate Data Aggregator recorded a median of 9 days on market, one day faster than a year before. In 95129, the median was 13 days, unchanged. In 95130, 14 days, three days longer. In 95014, 16 days, three days longer. In 95117, 22 days, unchanged. Even the slowest ZIP in this group closed in under a month at the midpoint.

Buyers are still paying over list

In 94087, the Real Estate Data Aggregator put the average sale-to-list ratio at 106.4%, with 63.3% of homes selling above list. In 95129, 105% sale-to-list and 71.7% above list. In 95014, 104.9% and 53.3% above list. In 95130, 102.7% and 50% above list. In 95117, 102.1% and 50% above list. Every ZIP averaged above list price. That is not a soft market.

New listings are up, and so are new contracts

The Real Estate Data Aggregator counted 360 new listings across the five ZIP codes in the three months ending August 31, 2026, up 26.8% from a year before. By ZIP: 114 in 95014 (up 29.5%), 109 in 94087 (up 29.8%), 72 in 95129 (up 33.3%), 42 in 95117 (up 10.5%) and 23 in 95130 (up 15%). Pending sales rose too, up 5.8% combined. Supply grew faster than demand, but demand did not fall.

One context number: the rate

CNBC reported the average contract rate on a 30-year fixed mortgage with a conforming loan balance at 7.49% as of October 7, 2026. At these price points, most buyers here are well above conforming limits, so jumbo rates are what they actually face. But the direction of rates shapes how many buyers are active, and 7.49% is not low.

These are ZIP-code medians for the three months ending August 31, 2026. One street, or one block, can read differently from the whole ZIP. If you want to know where your specific address sits against what actually sold near you, the answer is below.