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: (2015)

  • Population: 148,178
  • Median Age: 35.4
  • households: 32,714
  • Median household Income: $105,401
  • Mean Property Value: $790,300

Business

  • Employees: 76,841
  • Top 3 professions: Computer and Mathematical’ Management; Administration
  • Top 3 industries by # of employees: Professional, Scientific, and Tech; Manufacturing; Healthcare and Social Assistance
  • Average Commute: 22.6 Minutes

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. From December 2016 to December 2017, average sales prices rose nearly 20%; here we see that prices continued to rise through April, then began a gradual decline that accelerated in July. The red line tracks the average sale price to list price ratio and here we see the peak in January over 22% over list, falling to 20% in April, then declining as prices declined to 9% over list. 

 

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

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. As can be seen here, demand in Sunnyvale has kept the market pace brisk, with all price category sales averaging under 16 days.

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.

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%. This is perfectly exemplified in the Sunnyvale market where demand drives prices to 11.2% to 24.1% above. 

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

Sunnyvale Single Family Home Sales over the past 12 months:

This 1,150 sf 3br/1ba home on a 4,355 sf lot sold for $895,000 in November, 2017 and holds the low price mark for Sunnyvale signle family home sales in the period.

This 2,833 sf 5br/4ba home on a 12.800 sf lot sold for $3,150,000 in April, 2018 to set a new high mark for Sunnyvale single family homes in the period.

Sunnyvale Condo and Town Home Sales over the past 12 months:

This 763 sf 1br/1ba condo sold for $574,000 in November, 2017 and holds the low price mark for Sunnyvale condominium and townhouse sales for the period

This 1,919 sf 4br/2.5ba townhouse sold for $1,860,000 in March, 2018 and holds the high mark for Sunnyvale condominium and townhouse sales for the period.

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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.