Market Report - The Brasil Group

Sunnyvale, CA 94085

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com


Sunnyvale, CA 94085

Sat Jun 10 2023
This week the median list price for Sunnyvale, CA 94085 is $1,050,000 with the market action index hovering around 62. This is about the same as last month's market action index of 62. Inventory has increased to 7. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Sunnyvale, CA 94085

Sat Jun 10 2023
This week the median list price for Sunnyvale, CA 94085 is $1,050,000 with the market action index hovering around 62. This is about the same as last month's market action index of 62. Inventory has increased to 7. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Sunnyvale market.
Median List Price $1,050,000
Median Price of New Listings $1,050,000
Per Square Foot $807
Average Days on Market 51
Median Days on Market 21
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 7
Median Rent
Market Action 62
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,588,888 1,852 - 3 2.5 3 0 0 42
$1,474,000 1,474 0 - 4,500 sqft 2 2.8 6 1 0 3
$969,000 1,230 0 - 4,500 sqft 2 2 28 1 2 143
$785,000 1,002 0 - 4,500 sqft 2 1.5 44 1 0 10