Saturday, November 7, 2015

Sunnyvale, California, single family homes and real estate sales. October 31, 2015

Quick look graph for Sunnyvale Home Sales as of October 31, 2015.


Looking for a home in Sunnyvale go to:

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Ruth & Perry Mistry
Realtor / MBA / M.S.
www.ruthandperry.com
408-656-5343
ruthandperry@gmail.com
City: SunnyvaleOctober 2015
Property Type: Single Family Home | Price $0 to $999,999,000
Trending Versus*:Trending Versus*:
Market Profile & Trends OverviewMonthLML3MPYMLYYTDPriorYTDPriorYear
Median List Price of all Current Listings$1,388,0007%27%
Average List Price of all Current Listings$1,394,0876%21%
October Median Sales Price$1,350,000-6%-5%7%11%$1,400,00015%15%
October Average Sales Price$1,343,8670%-3%9%14%$1,367,74316%16%
Total Properties Currently for Sale (Inventory)29-33%-17%
October Number of Properties Sold45-4%-8%5138%
October Average Days on Market (Solds)1820%13%0%20%150%0%
Asking Price per Square Foot (based on New Listings)$8757%7%26%26%$78313%13%
October Sold Price per Square Foot$880-2%0%15%15%$87415%14%
October Month's Supply of Inventory0.6-30%-17%-10%-8%0.7-3%2%
October Sale Price vs List Price Ratio108.1%0.7%-1%0%-1.7%112.4%2.0%2.0%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date | Arrows indicate if values are higher (up), lower (down) or unchanged (flat)
To View Additional Information, Click Here.
Property Sales
October property sales were 45, down from 49 in October of 2014 and -4.3% lower than the 47 sales last month. October 2015 sales were at their lowest level compared to October of 2014 and 2013. October YTD sales of 513 are running 8.2% ahead of last year's year-to-date sales of 474.
Prices
The median sales price in October was $1,350,000, up 6.6% from $1,266,100 in October of 2014 and down -5.6% from $1,430,000 last month. The average sales price in October was $1,343,867, up 8.9% from $1,234,189 in October of 2014 and up 0.5% from $1,337,248 last month. October 2015 ASP was at highest level compared to October of 2014 and 2013.
Inventory & MSI
The total inventory of properties available for sale as of October was 29, down -32.6% from 43 last month and down -17.1% from 35 in October of last year. October 2015 Inventory was at the lowest level compared to October of 2014 and 2013.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2015 MSI of 0.6 months was at its lowest level compared with October of 2014 and 2013.
Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for October was 18, up from 15 days last month and equal to 18 days in October of last year. The October 2015 DOM was at its lowest level compared with October of 2014 and 2013.
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The October 2015 selling price per square foot of $880 was down -1.8% from $896 last month and up 14.6% from $768 in October of last year.
Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The October 2015 selling price vs list price of 108.1% was up from 107.4% last month and up from 107.9% in October of last year.
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of properties for sale along with new listings and sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of new listings in October 2015 was 48, down -23.8% from 63 last month and down -22.6% from 62 in October of last year.
Inventory / New Listings / Sales
This view of the market combines monthly inventory of properties for sale along with new listings and sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of new listings in October 2015 was 48, down -23.8% from 63 last month and down -22.6% from 62 in October of last year.
© 2015 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. BRE # 00313415

Based on information from MLSListings, Inc. for the period 1/1/2005 through 10/31/2015. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market. This information will expire 30 days from when it was generated.

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