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Grace Keng's Blog

By Grace Keng | Agent in Sunnyvale, CA

Sunnyvale CA Real Estate Market

Sunnyvale CA Real Estate Market

 

Sunnyvale, CAWhat is the current Sunnyvale Ca Real Estate market? If we compare from May 2008 to May 2009, you will find some interesting changes:

1). Home inventory reduced from from last year’s 200 to this year 188.  The numbers of sold homes has dropped from last year 68 to 36 this year.

2.) The average homes sales price is lower.  This May sales price is $681,266 vs last May’s ’ $926,252. The median sales of May 2009 is $745,550 which is dropped from last May’s $930,000.

3.) Last May took average 36 days to sell a home however this year will need 51 days to sell a home.

This real estate trend is the same as last month. In the may of 2009 there are 1% less home inventory  and 50% less the Sunnyvale homes get sold.  The average Sunnyvale sales price dropped 26% and the Sunnyvale  median price homes dropped 19.8 from last May to this May.  The above data information came from the www.reil.com.

Any home buyers and sellers need  a  good realtor to help them. If you or someone you know is thinking of buying or selling property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me because I offer a free 45 min. consultation to cover the complete local current real estate market. You can email me GraceKeng1@gmail.com

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