$8,537 Closing Credit*
$718,900
1,707 SqFt
3 Beds
•2 Full Baths, 1 Partial
Cynthia Kerr, Listing Office: Williams Homes Inc
Is Sunnyvale, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sunnyvale has remained a Seller's Market.
Key Takeaway
Sunnyvale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunnyvale, CA
How much do homes in Sunnyvale, CA cost?
Median Sold Price
$1,851,428
$1,277/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,714(+2.8%)
Key Takeaway
Homes in Sunnyvale have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Sunnyvale was $1,851,428 in October 2024, up 2.8% from last year, and the median price per square foot was $1,277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $629.4K | $660K | +4.9% |
| 2 Bedrooms | $1.0M | $1.1M | +8.7% |
| 3 Bedrooms | $1.6M | $1.8M | +7.3% |
| 4 Bedrooms | $2.5M | $2.6M | +6.3% |
| 5+ Bedrooms | $2.7M | $3.2M | +15.9% |
Summary: Sunnyvale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 15.9%.
Median Sold Price Compared To Nearby Cities
| Santa Clara | $1.4M | $1.6M | +10.1% |
| Los Altos | $3.8M | $4.1M | +8.1% |
| Cupertino | $2.7M | $2.8M | +5.7% |
| Mountain View | $1.7M | $1.8M | +3.6% |
| Sunnyvale | $1.8M | $1.8M | +2.8% |
Housing Supply in Sunnyvale, CA
How many homes are available in Sunnyvale, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 175 | 181 | +3.4% |
Summary: The Sunnyvale real estate market had 181 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 38 | 34 | -10.5% |
| 3 Bedrooms | 64 | 78 | +21.9% |
| 4 Bedrooms | 56 | 53 | -5.4% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Sunnyvale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 21.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 84 | +82.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunnyvale, you could pay more than the asking price. 79.3% of homes here sold above asking price last month.
Summary: A total of 84 homes were sold or pending in Sunnyvale in October 2024, up by 82.6% month-over-month. Of the 82 sold homes, 15% were sold under asking, 6% were sold at asking, and 79% were sold over asking.
Days on Market for Sunnyvale, CA
How long does it take to sell a home in Sunnyvale, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 15 Days | +17.3% |
Summary: Homes in Sunnyvale had an average of 15 days on market in Oct 2024, up by 17.3% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sunnyvale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 84 homes were sold in Sunnyvale; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.