Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to 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 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. Average price declined 12% through February 2019. Since then, prices have turned upward again following the trend in Santa Clara County in general.

Meanwhile, the Average Sales Price to List Price Ratio, shown by the red line, declined from peaks higher than 20% above list, down to a minimum near list price before the insatiable demand for Sunnyvale homes began pushing the bids up again.

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 the peak market is between $2,000,000 and $3,000,000 with second peak for condos and townhouses in the $1,200,000 to $1,400,000.

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.

As can be seen here, demand in Sunnyvale has kept the market pace brisk, with most price categories selling in 3-4 weeks, up from 16 days or less last year.

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 over the past six months, average sales over the past 6 months, homes in all price categories are over list, demonstrating continued demand for Sunnyvale Real Estate. 

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 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.