An overview of Sunnyvale’s Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes:
1.) The homes inventory rose to 186 this year from last year’s 203.The sold homes are lower from 42 last April to 38 this year.
2.) The average price of Sunnyvale homes this year has lowered to $639,043 from last years’ $902,244. The median price on Sunnyvale homes has dropped from $875,000to $639,043.
3.) It takes average 50 days to sell a Sunnyvale home, but last April was 23 days.
With all the numbers that show this month we have less Sunnyvale homes for sale and less of them actually sold. The average and median price for Sunnyvale homes both dropped about 40% from last April to this April. The price dropped due to a lot of lower end homes as short sales and REO (bank owned) homes sold. The above information came from the multiple listing services www.reil.com  If you are planning to buy or sell homes, I offer free consultation so you will have a clear picture of the current real estate market.

                   Look at the left graph you can see Los Altos Single Family Real Estate market from April 2008 to April 2009. The April 2009 is the right most bar and the 1st from the left bar is April 2008. An overview of Los Altos Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes: 1.) The

     The above data information came from the www.reil.com and the photo is credited to city of  Los Altos web page. Look at the left graph you can see the Cupertino median sold homes from April 2008 to April 2009. The April 2009 is the right most bar and the 1st from the left bar was the Cupertino median sold homes in April 2008. An overview ofCupertino’s Single Family Real Estate market of April 2008 compared to April 2009 shows some interesting economic changes: 1.) The Cupertino homes inventory rose to 137 this year from last year’s 95. The sold homes are a little less then last year. Last April sold 27 homes 27 and this April is 26. 2.) The averageCupertino homes price is still on the down turn. This year’s sold price is $1,095,319 vs last years’ $1,278,179. The median sales on Cupertino homes has dropped also from $1,199,000 to this year $955,000. 3.) It takes shorter this April to sell a Cupertino home as 26 days vs 27 days. With all the numbers we can tell there are more Cupertino homes for sale and less of them actually sold. The average and median price for Cupertino homes dropped about 10% from last April to this April. The above data information came from the www.reil.com and the graph information came from the http://www.clarusresource.com/ If you are planning to buy or sell homes in Silicon Valley, I offer a free 45 min. consultation to cover a complete he current real estate market. You can email me GraceKeng1@gmail.com If you or someone you know is thinking of buying or selling property in Santa Clara County ( sunnyvale, Cupertino, Saratoga, Moutain View, San jose..), California please contact Grace Keng, REALTOR®.