$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 November 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
$2,640,500
$1,552/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$261,873(+11.0%)
Key Takeaway
Homes in Sunnyvale West have sold for 11% more than they did a year ago.
Summary: The median home sold price in Sunnyvale West was $2,640,500 in November 2024, up 11% from last year, and the median price per square foot was $1,552.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.3M | $1.3M | +3.8% |
| 3 Bedrooms | $2.1M | $2.3M | +13.3% |
| 4 Bedrooms | $2.7M | $2.9M | +5.6% |
| 5+ Bedrooms | $2.8M | $3.4M | +22.1% |
Summary: Sunnyvale West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 22.1%.
Median Sold Price Compared To Nearby Neighborhoods
| De Anza | $2.4M | $2.7M | +11.7% |
| Sunnyvale West | $2.3M | $2.6M | +11.0% |
Housing Supply in Sunnyvale West, CA
How many homes are available in Sunnyvale West, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 32 | -28.9% |
Summary: The Sunnyvale West real estate market had 32 homes for sale in November 2024, a 28.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 16 | 19 | +18.8% |
| 4 Bedrooms | 21 | 7 | -66.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sunnyvale West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunnyvale West, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Sunnyvale West in November 2024, down by 25.0% month-over-month. Of the 14 sold homes, 21% were sold under asking, 0% were sold at asking, and 79% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 19 Days | +18.3% |
Summary: Homes in Sunnyvale West had an average of 19 days on market in Nov 2024, up by 18.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sunnyvale West are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Sunnyvale West; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% 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.