$2,528,000
3,763 SqFt
Ravi Shah, Listing Office: Elite Realty Services
Is Sunnyvale West, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Sunnyvale West has remained a Seller's Market.
Key Takeaway
Sunnyvale West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunnyvale West, CA
How much do homes in Sunnyvale West, CA cost?
Median Sold Price
$2,671,000
$1,553/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$305,045(+12.9%)
Key Takeaway
Homes in Sunnyvale West have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Sunnyvale West was $2,671,000 in December 2024, up 12.9% from last year, and the median price per square foot was $1,553.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.2M | $1.3M | +10.3% |
| 3 Bedrooms | $2.1M | $2.4M | +11.6% |
| 4 Bedrooms | $2.8M | $3.0M | +7.1% |
| 5+ Bedrooms | $2.8M | $3.4M | +21.4% |
Summary: Sunnyvale West housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Neighborhoods
| De Anza | $2.3M | $2.7M | +13.8% |
| Sunnyvale West | $2.3M | $2.6M | +12.9% |
Housing Supply in Sunnyvale West, CA
How many homes are available in Sunnyvale West, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 26 | -18.8% |
Summary: The Sunnyvale West real estate market had 26 homes for sale in December 2024, a 18.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 18 | 16 | -11.1% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sunnyvale West housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunnyvale West, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Sunnyvale West in December 2024, the same as the previous month. Of the 15 sold homes, 27% were sold under asking, 7% were sold at asking, and 67% were sold over asking.
Days on Market for Sunnyvale West, CA
How long does it take to sell a home in Sunnyvale West, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 14 Days | 32 Days | +131.9% |
Summary: Homes in Sunnyvale West had an average of 32 days on market in Dec 2024, up by 131.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sunnyvale West are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 15 homes were sold in Sunnyvale West; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% 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.