Sunnyvale real estate market trends & statistics

The Sunnyvale real estate market, remains an incredibly hot seller’s market.

Sunnyvale real estate market trends and stats at a glance

Here is a quick rundown of the trends at a glance for the Sunnyvale real estate market, with more in the charts below:

  • The average and median sale price of Sunnyvale homes rose double digits annually, but slipped a little monthly
  • Inventory rose from last month by a count of one, but is off 24 %+ compared to a year ago
  • Pending sales are down monthly and annually
  • The sale to list price slipped from 117.5% to 114.4%
  • The very slight cooling may be seasonality at play

PLEASE visit our ReReport page for data here, throughout Santa Clara County, and also for San Mateo and Santa Cruz Counties.

(If you’re viewing this on a mobile phone, swipe horizontally to see the full chart if it goes off the screen.)

Trends at a Glance

Trends At a GlanceMay 2024Previous MonthYear-over-Year
Median Price$2,610,000 (-4.4%)$2,731,470$2,307,500 (+13.1%)
Average Price$2,570,370 (-3.0%)$2,650,120$2,277,430 (+12.9%)
No. of Sales57 (+29.5%)4456 (+1.8%)
Pending41 (-4.7%)4349 (-16.3%)
Active25 (+4.2%)2433 (-24.2%)
Sale vs. List Price114.4% (-2.6%)117.5%107.9% (+6.0%)
Days on Market(-21.4%)1012 (-32.9%)
Days of Inventory13 (-16.8%)1618 (-25.6%)

 

You may also want to see how Sunnyvale stacks up to other communities in Santa Clara County. If so, click to see the PDF Real Estate Report for Santa Clara County, updated monthly.

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