CUPERTINO, Calif. (KCBS) -- You might think the days of multiple offers were over in the slumping real estate market. But not in cities such as Cupertino, Saratoga and Palo Alto.
Even as the number of foreclosures continue to mount locally, home sales are booming in areas where schools have high test scores, according to Ron Delan, a broker with Alain Pinel Realtors in Saratoga.
"I just sold a property in Cupertino where we had 20 offers on the property and it sold for $200,000 more than the asking price," said Delan. Another home he listed received 10 offers, he said.
Currently, there are 79 listings in Cupertino.
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KCBS' Mike Colgan reports
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