Market Report - The Brasil Group

Sunnyvale, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Sunnyvale, CA

Sat Feb 27 2021
This week the median list price for Sunnyvale, CA is $949,475 with the market action index hovering around 62. This is an increase over last month's market action index of 51. Inventory has held steady at or around 28. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Sunnyvale, CA

Sat Feb 27 2021
This week the median list price for Sunnyvale, CA is $949,475 with the market action index hovering around 62. This is an increase over last month's market action index of 51. Inventory has held steady at or around 28. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Sunnyvale market.
Median List Price $949,475
Per Square Foot $838
Days on Market 4
Price Decreased 14%
Price Increased 7%
Relisted 0%
Inventory 28
Median Rent $2,779
Most Expensive $1,799,000
Least Expensive $549,000
Market Action 62
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,695,000 1,700 0 - 4,500 sqft 4 4 1 4 4 0
$1,228,000 1,378 0 - 4,500 sqft 2 3 31 5 6 0
$799,888 975 0 - 4,500 sqft 2 2 36 2 6 21
$639,000 763 0 - 4,500 sqft 1 1 38 3 0 21