Market Report - The Brasil Group

Sunnyvale, CA 94087

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Sunnyvale, CA 94087

Tue May 28 2024
This week the median list price for Sunnyvale, CA 94087 is $1,174,500 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 16. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sunnyvale, CA 94087

Tue May 28 2024
This week the median list price for Sunnyvale, CA 94087 is $1,174,500 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 16. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sunnyvale market.
Median List Price $1,174,500
Median Price of New Listings $1,099,000
Per Square Foot $916
Average Days on Market 17
Median Days on Market 18
Price Decreased 6%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 69
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,658,500 1,631 0 - 4,500 sqft 3 3 0 0 0 14
$1,294,000 1,329 0 - 4,500 sqft 2 3 52 1 2 14
$998,500 1,306 0 - 4,500 sqft 3 2.5 18 2 0 7
$769,500 847 0 - 4,500 sqft 1 1.5 29 0 1 24