Market Report - The Brasil Group
Sunnyvale, CA 94087
Single-Family Homes
The Brasil Group | info@theBrasilGroup.com
Sunnyvale, CA 94087
Tue May 11 2021
This week the median list price for Sunnyvale, CA 94087 is $2,050,000 with the market action index hovering around 94. This is an increase over last month's market action index of 90. Inventory has held steady at or around 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $2,050,000 | |
| Median Price of New Listings | $1,999,000 | |
| Per Square Foot | $1,085 | |
| Average Days on Market | 75 | |
| Median Days on Market | 0 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 14 | |
| Median Rent | $4,298 | |
| Market Action | 94 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code settled at a plateau. This week prices bumped down a bit but not significantly enough to change the overall outlook. Look for a persistent change (up or down) in the Market Action Index before we see prices significantly deviate from these levels.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,085,000 | 2,828 | 6,500 - 8,000 sqft | 4 | 4 | 1 | 0 | 3 | 126 |
| $2,399,999 | 2,097 | 8,000 - 10,000 sqft | 5 | 2 | 55 | 2 | 3 | 0 |
| $1,999,000 | 1,799 | 4,500 - 6,500 sqft | 3 | 2 | 58 | 4 | 5 | 0 |
| $1,774,500 | 1,461 | 6,500 - 8,000 sqft | 3 | 2 | 71 | 2 | 3 | 3 |