New Downward Trend in Contracts for Sunnyvale Real Estate Market

The Sunnyvale market saw three homes go under contract and failed to break out of an established downward trend. Along with that, total home sales fell to three over the last 30 days. The median sales price dropped to $350,000, down from last week's $384,900. A downturn in contracts, coupled with the availability of 12 months of inventory, prove that Sunnyvale is a solid buyer's market.

You can be the one to discover a gem in Sunnyvale by checking out these new listings:

$2.2M   $1.6M   $389K  

Get started right now by checking out Sunnyvale homes for sale or reviewing Sunnyvale real estate trends.

Demographic facts for Sunnyvale:

  • There are currently 1,639 households in the area.
  • The area's unemployment rate is 8.0%.
  • Schools spend an average of $4,607 for each student in this area. ($5,691 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
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