Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Fulfilling Dreams, one Home at a Time.

Whether you are selling, buying, or investing, our goal is to meet your Real Estate needs so well that you recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Sunnyvale, California

Murphy Street, Sunnyvale

Sunnyvale Area Profile

Demographics: 

Business and Economy:

City Government

The City of Sunnyvale is governed by a city council comprised of 7 members elected to 4-year terms. The Council selects the Mayor and Vice Mayor from within its ranks. The government itself is managed by a City Manager.

Sunnyvale City Hall

Things to Do in and around Sunnyvale

GOLF:

Boating:

Other:

Hiking:

Parks and Rec:

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Cycling

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Mountain Biking

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Theater, Concerts, and Museums

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping in Sunnyvale

Places to Eat:

There are a number of restaurants in downtown Sunnyvale and across the area that range from casual dining to formal, with cuisine from around the world.

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Places to Shop:

  • Sunnyvale Town Center Shopping Center,  250 S Mathilda Ave, Sunnyvale
  • West Sunnyvale Shopping Center, 721 Sunnyvale Saratoga Rd, Sunnyvale,

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Sunnyvale Education Opportunities

K-12 Schools Serving Sunnyvale

Public schools include links to ratings on Greatschools.org; private schools include links to their website.

Private:

Sunnyvale Real Estate Market

Sunnyvale Real Estate Price Trends
Sunnyvale Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and sales price to list price ratio for sales in Sunnyvale over the past 12 months. Bucking the trend in much of Santa Clara County, prices in Sunnyvale climbed in the latter part of 2019. After a brief winter dip in January and February, the Sunnyvale market roared back like the proverbial spring lion and, even with COVID-19 restrictions, has not looked back.

Correspondingly, the Average Sales Price to List Price Ratio, shown by the red line, peaked in the beginning of the spring rush at almost 8% over list and otherwise has held on average a few percent above list. This is a much more sustainable market that 2017/18 where bidding averaged as much as 20% over list.

Sunnyvale Residential Sales by Price Range
Sunnyvale Real Estate Trends - Sales by Price Range of the past 12 months

The histogram above allocates the past 12 months of Sunnyvale sales by price range. Here we see a broad peak in market between $1,200,000 to $3,000,000 The dominance in the $2,000,000 to $3,000,000 price band and the emergence of sales over $3,000,000 indicates that the Sunnyvale market continues to climb to new records.

Sunnyvale Average Time on Market by Price Range
Sunnyvale Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. 

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home. Being away for a week can dramatically change the picture in the Sunnyvale market.

Average days on market data during this period are corrupted by the MLS not counting days on market during the COVID-19 Shelter in Place.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Much the current Silicon Valley Market is deliberately priced low to spark interest, often resulting in multiple offers driving the price up as evidenced by the ratios over 100%.

Here we see that most price ranges average sales above list, particularly for the upper half of the chart. This indicates continued strong desire on the part of buyers to own in Sunnyvale. 

Sunnyvale Average Sales to List Price Ratio by Price Range
Sunnyvale Real Estate: 6-month Average Sale Price to List Price Ratio by Price Range

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The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018, 2019, 2020 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.