Diana Parham's Market Report

Sunnyvale, CA

Single-Family Homes

Intero A Berkshire Hathaway Affiliate | dparham@interorealestate.com | 408-472-8874



Sunnyvale, CA

Tue Jul 05 2022
This week the median list price for Sunnyvale, CA is $1,945,000 with the market action index hovering around 82. This is less than last month's market action index of 89. Inventory has increased to 57. 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 been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Sunnyvale, CA

Tue Jul 05 2022
This week the median list price for Sunnyvale, CA is $1,945,000 with the market action index hovering around 82. This is less than last month's market action index of 89. Inventory has increased to 57. 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 been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Sunnyvale market.
Median List Price $1,945,000
Median Price of New Listings $2,048,500
Per Square Foot $1,291
Average Days on Market 38
Median Days on Market 14
Price Decreased 32%
Price Increased 2%
Relisted 2%
Inventory 57
Median Rent
Market Action 82
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,726,500 2,179 6,500 - 8,000 sqft 4 3 60 7 2 3
$2,048,500 1,612 4,500 - 6,500 sqft 3 2 62 5 5 17
$1,759,000 1,402 4,500 - 6,500 sqft 3 2 68 3 2 17
$1,398,000 1,119 4,500 - 6,500 sqft 3 2 67 3 4 21