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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


Selling homes in
Silicon Valley
:
San Jose, Los Gatos,
Saratoga, Campbell,
Almaden Valley,
Cambrian Park and
Santa Clara County

Real Estate Search

Sunnyvale real estate market trends & statistics

Sunnyvale has been an extremely hot seller’s market for many months. Prices are cooling a little from last month, but homes continue to sell in less than 30 days and the sale price to list price ratio remains at more than 105%.  In general, houses in Sunnyvale are selling for about a million dollars – if they aren’t too small or in terrible shape (or conversely palatial or newly built or remodeled).  Let’s begin with single family homes. The median list price for homes in Sunnyvale CA – all zip codes combined – interestingly, the high end homes are doing the best! (Live charts from Altos Research.)

Real Estate Market Chart by Altos Research www.altosresearch.com

What about the numbers for the closed sales?  Now let’s have a look at the Sunnyvale CA RE Report for last month’s trends and statistics (click on link to get the full report):

 

TRENDS AT A GLANCE APR 2014 PREVIOUS MONTH YEAR-OVER YEAR
Median Home Price +1.0% $1,005,000 $995,000 +21.8% $825,154
Average Sales Price +4.5% $1,109,350 $1,061,080 +25.1% $886,907
No. of Homes Sold +10.0% 66 60 -29.0% 93
Pending Properties +8.5% 64 59 -5.9% 68
Foreclosures Sold N/A 0 0 N/A 0
Short Sales Sold 0.0% 1 1 -66.7% 3
Active Listings +136.8% 45 19 -16.7% 54
Active Foreclosures N/A 0 0 N/A 0
Active Short Sales -50.0% 1 2 -85.7% 7
Sales Price vs. List Price +2.5% 113.9% 111.1% +3.0% 110.6%
Average Days on Market +58.4% 18 11 +83.3% 10

What about the condo and townhome market?


The real estate market for the condominiums and townhouses in Sunnyvale does not appear to be as strong as compared to single family homes when we view the list prices.

 

Real Estate Market Chart by Altos Research www.altosresearch.com

The closed sales (as seen on the Sunnyvale RE Report for condos and townhomes) indicate that prices are up nicely year over year, but and even up a bit from the month prior (which is true for most of the county).

TRENDS AT A GLANCE APR 2014 PREVIOUS MONTH YEAR-OVER YEAR
Median Home Price +4.8% $550,000 $525,000 +9.5% $502,500
Average Sales Price -3.2% $543,846 $561,650 +8.1% $503,050
No. of Homes Sold +30.0% 13 10 -35.0% 20
Pending Properties +28.6% 9 7 -43.8% 16
Foreclosures Sold N/A 0 0 N/A 0
Short Sales Sold N/A 0 0 -100.0% 2
Active Listings +42.9% 10 7 -9.1% 11
Active Foreclosures N/A 0 0 N/A 0
Active Short Sales N/A 0 0 -100.0% 1
Sales Price vs. List Price -0.3% 109.4% 109.8% +0.5% 108.9%
Average Days on Market -13.0% 9 10 -64.6% 24
Now let’s switch back to the Altos Charts and consider list prices  in each market by zip code, by pricing tier,  and home type (single family vs condo/townhouse).  This is where you really see that “the market” is many different micro markets….  These Altos Charts are “live” and will update automatically each week, so please check back often!
94085 Single Family homes

Real Estate Market Chart by Altos Research www.altosresearch.com

94085 Condos and Townhouses

Real Estate Market Chart by Altos Research www.altosresearch.com

94086 Single Family homes

Real Estate Market Chart by Altos Research www.altosresearch.com

94086 Condos and Townhomes

Real Estate Market Chart by Altos Research www.altosresearch.com

94087 Single Family homes

Real Estate Market Chart by Altos Research www.altosresearch.com

94087 Town houses and condominiums

Real Estate Market Chart by Altos Research www.altosresearch.com

94089 Single Family homes

Real Estate Market Chart by Altos Research www.altosresearch.com

94089 Condos and townhomes

Real Estate Market Chart by Altos Research www.altosresearch.com

Related reading:

Incredible year over year appreciation in Sunnyvale

 

See all Real estate in the city of Sunnyvale.
(all data current as of 7/23/2014)

  1. 2 beds, 1 full, 1 part baths
    Home size: 1,081 sq ft
    Lot size: 560 sqft
  2. 2 beds, 2 full baths
    Home size: 1,040 sq ft
  3. 3 beds, 2 full, 1 part baths
    Home size: 1,663 sq ft
    Lot size: 1,128 sqft
  4. 3 beds, 1 full bath
    Home size: 1,046 sq ft
    Lot size: 6,098 sqft
  5. 3 beds, 2 full, 1 part baths
    Home size: 1,568 sq ft
    Lot size: 1,760 sqft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Listing information is deemed reliable, but not guaranteed. Listings last updated 7/23/14 10:56 PM PDT.

Copyright 2014 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2014.