Monthly market wrap MONTHLY MARKET WRAP Sunnyvale Condos · May 2026 Sunnyvale held steady in May: the key market signals were mixed. Median sale price $832K ▲ +7.4% vs Apr Time to pending 29d ▲ 8 days slower vs Apr Sold over asking 43% ▲ +26 pts vs Apr Active listings 48 ▲ +11.6% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Sunnyvale Condos · May 2026 43% of Sunnyvale condos sold over asking, so pricing right matters more than ever. 100.6% average sale price vs. asking price Sold over asking 43% vs. a year ago +32 pts 103.6% 101.5% 99.4% Sold at asking price 100.6% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Sunnyvale Condos · May 2026 The typical Sunnyvale condo closes +0.6% above its asking price. -$768K median sale price minus asking price Median asking price $1.6M Median sale price $832K $1.77M $1.37M $975K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Sunnyvale Condos · May 2026 Sunnyvale condo values are climbing, up +6.7% in a year. $832K median sale price Year over year +6.7% Homes sold last month 7 $1.34M $1.11M $888K $832K Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Sunnyvale Condos · May 2026 The typical Sunnyvale condo goes pending in 29 days, 10 days faster than last year. 29 days median time to pending Gone within two weeks 7% vs. a year ago 10 days faster 73d 48d 24d 29d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Sunnyvale Condos · May 2026 Sunnyvale inventory is up 33.3% year over year, so sellers have more competition. 48 active listings Year over year +33.3% Months of supply 6.9 43 34 25 48 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Sunnyvale? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Sunnyvale Condos · May 2026 1 in 4 Sunnyvale listings cut its asking price last month. 25% of active listings cut their asking price vs. a year ago -3 pts Active listings 48 30% 22% 14% 25% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Sunnyvale Condos · May 2026 Only 7% of Sunnyvale condos went pending within two weeks. Most listings are taking their time. 7% of listings went pending within two weeks Median time to pending 29 days vs. a year ago -16 pts 42% 28% 15% Half of listings 7% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Sunnyvale Condos · May 2026 December is historically Sunnyvale's calmest month for buyers: 5.6 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -5.6 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.8 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Sunnyvale Condos · May 2026 Sunnyvale condo values are up +21% over the past 10 years. +21% median sale price growth since 2016 Median price in 2016 $690K Average gain per year +1.9% $1.01M $887K $761K $832K May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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