Market Report - The Brasil Group

Sunnyvale, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Sunnyvale, CA

Tue Aug 09 2022
This week the median list price for Sunnyvale, CA is $1,373,944 with the market action index hovering around 60. This is less than last month's market action index of 66. Inventory has decreased to 34. Click here to stay informed with the Sunnyvale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Sunnyvale, CA

Tue Aug 09 2022
This week the median list price for Sunnyvale, CA is $1,373,944 with the market action index hovering around 60. This is less than last month's market action index of 66. Inventory has decreased to 34. Click here to stay informed with the Sunnyvale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sunnyvale market.
Median List Price $1,373,944
Median Price of New Listings $1,248,975
Per Square Foot $878
Average Days on Market 36
Median Days on Market 14
Price Decreased 24%
Price Increased 0%
Relisted 6%
Inventory 34
Median Rent
Market Action 60
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,686,944 1,891 0 - 4,500 sqft 3 4 5 2 3 17
$1,499,000 1,636 0 - 4,500 sqft 3 3 15 1 2 14
$1,199,000 1,375 0 - 4,500 sqft 2 3 37 0 2 28
$885,000 926 0 - 4,500 sqft 2 1 46 3 1 7