Intero Market Report

Sunnyvale, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Sunnyvale, CA

Wed Oct 04 2023
This week the median list price for Sunnyvale, CA is $1,950,000 with the market action index hovering around 82. This is less than last month's market action index of 89. Inventory has increased to 30. 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 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

Wed Oct 04 2023
This week the median list price for Sunnyvale, CA is $1,950,000 with the market action index hovering around 82. This is less than last month's market action index of 89. Inventory has increased to 30. 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 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 $1,950,000
Median Price of New Listings $2,248,000
Per Square Foot $1,295
Average Days on Market 35
Median Days on Market 7
Price Decreased 13%
Price Increased 10%
Relisted 3%
Inventory 30
Median Rent
Market Action 82
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,780,000 2,149 6,500 - 8,000 sqft 4 3 61 4 4 0
$2,360,000 1,606 4,500 - 6,500 sqft 3 2 54 4 4 0
$1,736,944 1,291 4,500 - 6,500 sqft 3 2 70 1 3 7
$1,386,500 1,120 4,500 - 6,500 sqft 3 2 70 3 1 7