Market Report - The Brasil Group

Sunnyvale, CA 94089

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com


Sunnyvale, CA 94089

Mon Oct 07 2024
This week the median list price for Sunnyvale, CA 94089 is $1,543,574 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has held steady at or around 8. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 94089

Mon Oct 07 2024
This week the median list price for Sunnyvale, CA 94089 is $1,543,574 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has held steady at or around 8. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,543,574
Median Price of New Listings $0
Per Square Foot $1,022
Average Days on Market 75
Median Days on Market 77
Price Decreased 25%
Price Increased 13%
Relisted 13%
Inventory 8
Median Rent
Market Action 43
Slight Seller's Advantage

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
$1,811,421 1,785 0 - 4,500 sqft 3 4 17 0 0 129
$1,598,935 1,545 0 - 4,500 sqft 2 3 16 0 0 28
$1,517,346 1,446 - 2 2.5 NaN 0 0 66
$1,178,979 1,094 - 2 2 NaN 0 1 77