Is Sunnyvale West, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sunnyvale West has remained a Seller's Market.
Housing Prices in Sunnyvale West, CA
How much do homes in Sunnyvale West, CA cost?
Median Sold Price
$2,400,000
$1,445/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunnyvale West was $2,400,000 in April 2024, up 3.2% from last year, and the median price per square foot was $1,445.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.2M | $1.3M | +3.4% |
3 Bedrooms | $2.0M | $2.2M | +9.6% |
4 Bedrooms | $2.7M | $2.8M | +2.7% |
5+ Bedrooms | $2.7M | $3.1M | +11.6% |
Summary: Sunnyvale West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Neighborhoods
De Anza | $2.3M | $2.5M | +9.3% |
Sunnyvale West | $2.3M | $2.4M | +3.2% |
Cumberland South | $2.7M | $2.8M | +2.6% |
Housing Supply in Sunnyvale West, CA
How many homes are available in Sunnyvale West, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 64 | +39.1% |
Summary: The Sunnyvale West real estate market had 64 homes for sale in April 2024, a 39.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 22 | 30 | +36.4% |
4 Bedrooms | 17 | 21 | +23.5% |
5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Sunnyvale West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 27 | +58.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Sunnyvale West in April 2024, up by 58.8% month-over-month. Of the 26 sold homes, 23% were sold under asking, 0% were sold at asking, and 77% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 14 Days | +28.0% |
Summary: Homes in Sunnyvale West had an average of 14 days on market in Apr 2024, up by 28% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Sunnyvale West; 93% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.