Intero Market Report

Sunnyvale, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Sunnyvale, CA

Sun Dec 03 2023
This week the median list price for Sunnyvale, CA is $2,298,000 with the market action index hovering around 80. This is less than last month's market action index of 86. Inventory has decreased to 19. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Sun Dec 03 2023
This week the median list price for Sunnyvale, CA is $2,298,000 with the market action index hovering around 80. This is less than last month's market action index of 86. Inventory has decreased to 19. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $2,298,000
Median Price of New Listings $2,490,000
Per Square Foot $1,475
Average Days on Market 71
Median Days on Market 21
Price Decreased 21%
Price Increased 0%
Relisted 5%
Inventory 19
Median Rent
Market Action 80
Strong Seller's Market

The market seems to have paused around this plateau. 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
$3,034,950 2,116 6,500 - 8,000 sqft 5 3 57 1 1 24
$2,450,000 1,849 6,500 - 8,000 sqft 3 2.5 64 3 0 21
$2,188,000 1,360 6,500 - 8,000 sqft 3 2 62 1 0 14
$1,690,000 1,108 4,500 - 6,500 sqft 3 1.5 70 0 1 35