Market Report - The Brasil Group
Sunnyvale, CA 94089
Condos/Townhomes
The Brasil Group | info@theBrasilGroup.com
Sunnyvale, CA 94089
Thu Sep 21 2023
This week the median list price for Sunnyvale, CA 94089 is $1,299,000 with the market action index hovering around 37. This is an increase over last month's market action index of 32. Inventory has increased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $1,299,000 | |
| Median Price of New Listings | $1,439,500 | |
| Per Square Foot | $933 | |
| Average Days on Market | 12 | |
| Median Days on Market | 0 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 37 | |
| Slight Seller's Advantage | ||
The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $1,599,000 | 1,725 | 0 - 4,500 sqft | 4 | 3.5 | 16 | 1 | 0 | 0 |
| $1,299,000 | 1,392 | 0 - 4,500 sqft | 2 | 2.5 | 15 | 0 | 0 | 35 |
| $1,280,000 | 1,002 | - | 2 | 2 | 8 | 1 | 0 | 0 |