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Market Trends
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Railway
Map
Market Trends
Appreciation Comparison across SFHs, Town homes, and Condos from 2011-2024
Real estate appreciation includes increase in land value, renovation, and inflation.
For SFHs, home owners can grasp all the three components contributing to appreciation. However, Condos don’t have land. Neither THs nor Condos can do any substantial renovation.
Single Family Homes Appreciation from 2011-2024 (+185%)
Town Homes Appreciation from 2011-2024 (+90%)
Use Park Villa Circle as a sample: (THs are the same and can show us the appreciation. )
- 8155 Sold for $850,000 in 2013
- 8072 sold for $650,000 in 4/2010
- 8155 can be sold for $1,490,000 on 3/12/2024
- Then the appreciation is about 75% from 2011-2024.
Condos Appreciation from 2011-2024 (+100%)
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Railway
Railway in Cupertino
It was only used by a cement plant which was closed in 2023. Before 2023, a cargo train would run at 15-20 mph once a day around noon during week days. Locals used to like hearing and watching the cargo train.
- Lehigh Cement Plant is closed (2023)
- Before a cargo train ran once a day around noon time during week days.
- UP will sell the line.