Market Report - The Brasil Group

Sunnyvale, CA 94085

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Sunnyvale, CA 94085

Fri Jun 21 2024
This week the median list price for Sunnyvale, CA 94085 is $1,499,000 with the market action index hovering around 64. This is less than last month's market action index of 72. Inventory has increased to 9. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Sunnyvale, CA 94085

Fri Jun 21 2024
This week the median list price for Sunnyvale, CA 94085 is $1,499,000 with the market action index hovering around 64. This is less than last month's market action index of 72. Inventory has increased to 9. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sunnyvale market.
Median List Price $1,499,000
Median Price of New Listings $1,298,999
Per Square Foot $901
Average Days on Market 16
Median Days on Market 14
Price Decreased 11%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 64
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$1,689,500 1,948 0 - 4,500 sqft 4 4 NaN 0 0 21
$1,544,999 1,601 - 3 3.5 NaN 1 1 7
$1,494,500 1,694 - 3 4 NaN 0 0 21
$999,000 1,150 0 - 4,500 sqft 3 3 33 1 1 14