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Market Pulse

Sunnyvale market insights

A local market update for All Residential, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPSunnyvaleAll home types · May 2026The Sunnyvale market eased in May: mostkey signals moved the buyer's way.Median sale price$1.75M-11.4% vs AprTime to pending15d3 days slower vs AprSold over asking67%-7 pts vs AprActive listings145-5.8% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGSunnyvaleAll home types · May 2026Most Sunnyvale homes are still sellingover asking (67%). Price to invitecompetition.105.1%average sale price vs. asking priceSold over asking67%vs. a year ago-9 pts109.2%105.6%102.0%Sold at asking price105.1%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPSunnyvaleAll home types · May 2026Sunnyvale homes are closing +5.1% aboveasking. The list price is the floor, notthe ceiling.+$150Kmedian sale price minus asking priceMedian asking price$1.6MMedian sale price$1.75M$2.19M$1.95M$1.72MSoldAskingJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICESunnyvaleAll home types · May 2026Sunnyvale home values dipped -23.6% froma year ago.$1.75Mmedian sale priceYear over year-23.6%Homes sold last month100$2.02M$1.78M$1.53M$1.75MJun 2019Dec 2022May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLSunnyvaleAll home types · May 2026The typical Sunnyvale home goes pendingin 15 days, 2 days slower than lastyear.15 daysmedian time to pendingGone within two weeks51%vs. a year ago2 days slower31d21d10d15dJun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSSunnyvaleAll home types · May 2026Sunnyvale inventory is up 10.7% yearover year, a steadier supply picture forhomes.145active listingsYear over year+10.7%Months of supply1.513510370145Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Buying or selling in Sunnyvale?

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Price cuts

PRICE CUTSSunnyvaleAll home types · May 20261 in 3 Sunnyvale listings cut its askingprice last month, up 6 pts from a yearago.33%of active listings cut their asking pricevs. a year ago+6 ptsActive listings14525%18%11%33%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETSunnyvaleAll home types · May 2026Sunnyvale moves at two speeds: 51% ofhomes were gone inside two weeks whilethe rest sat longer.51%of listings went pending within two weeksMedian time to pending15 daysvs. a year ago-3 pts56%38%20%Half of listings51%Jun 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYSunnyvaleAll home types · May 2026December is historically Sunnyvale'scalmest month for buyers: 5.8 pts lessover-asking than April.Decemberhistorically the calmest month for buyersBuyer's edge vs April-5.8 ptsYears of Redfin data11+Yearly averageJFMAMJJASOND-2.3 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICESunnyvaleAll home types · May 2026A Sunnyvale home bought in 2016 hasgained +51% in value since.+51%median sale price growth since 2016Median price in 2016$1.16MAverage gain per year+4.2%$1.79M$1.54M$1.3M$1.75MMay 2016May 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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