Market Report - The Brasil Group

Sunnyvale, CA 94087

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com


Sunnyvale, CA 94087

Tue May 11 2021
This week the median list price for Sunnyvale, CA 94087 is $926,500 with the market action index hovering around 74. This is about the same as last month's market action index of 74. Inventory has increased to 12. 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.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. 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 94087

Tue May 11 2021
This week the median list price for Sunnyvale, CA 94087 is $926,500 with the market action index hovering around 74. This is about the same as last month's market action index of 74. Inventory has increased to 12. 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.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. 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 $926,500
Median Price of New Listings $1,198,444
Per Square Foot $865
Average Days on Market 22
Median Days on Market 18
Price Decreased 8%
Price Increased 8%
Relisted 0%
Inventory 12
Median Rent $2,478
Market Action 74
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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
$1,380,000 1,552 0 - 4,500 sqft 3 3 40 1 0 7
$1,089,900 1,300 0 - 4,500 sqft 2 3 33 0 2 28
$730,000 747 0 - 4,500 sqft 2 1 34 0 2 21
$598,000 733 0 - 4,500 sqft 1 1 34 1 1 14