patrick.net

According to Redfin, Cupertino's median sold price has actually gone up since 2010, unlike other cities.

I'm guessing low inventory, lots of foreign (asian) buyers, and prime location have skewed the pricing here.

I work with people who have lived in Hong Kong, Taiwan, Singapore, and Shanghai, and they say that the prices here are actually cheap for what you get compared to asia.

I don't see places like this ever correcting to before the bubble pricing nominally.