Sunnyvale Housing Market Report – July 2026
Here's a look at how the Sunnyvale, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 88
- Median Sale Price: $1,570,000
- Average Sale Price: $2,506,207
- Average Price Per Sq Ft: $1,082
- Average Days on Market: 51
- Sale-to-List Price Ratio: 102.2%
Month-Over-Month Trends
Compared to June, the median sale price in Sunnyvale moved 6.0% down (from $1,670,146 to $1,570,000). The number of homes sold was 19.3% down compared to the prior month (109 vs. 88). Average days on market shifted 6.2% up (48 days to 51 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 10.3% down (from $1,750,000 to $1,570,000). Sales volume is 26.1% down year-over-year.
What This Means
Sunnyvale's housing market is cooling noticeably as we head into late summer. Both sales volume and median prices are trending downward—down 19.3% month-over-month and 10.3% year-over-year respectively. This dual decline suggests we're not just experiencing typical seasonal slowdown, but genuine softening in buyer demand. The fact that homes are still selling above asking price (102.2% ratio) shows sellers maintain some leverage, yet that ratio has likely compressed from earlier this year when multiple offers were more common.
The extended time on market tells the real story. Homes now sit for an average of 51 days, up from 48 days last month and approaching two months for active listings. In a market where Silicon Valley tech workers once competed fiercely for properties, this represents a meaningful shift. Higher interest rates and the ongoing affordability crunch—with median prices still north of $1.5 million—are clearly tempering buyer enthusiasm heading into fall. The large gap between median ($1.57M) and average prices ($2.51M) indicates some higher-end properties may be lingering longer, dragging down overall market velocity.
For sellers, pricing strategically matters more now. The 272 active listings suggest inventory is adequate, removing urgency from the market. First-time buyers and move-up purchasers are likely waiting on the sidelines, expecting either rate relief or further price adjustments.
Sunnyvale Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94086 | 24 | $2,125,000 | $1,127 | 55 |
| 94087 | 24 | $2,524,444 | $1,368 | 39 |
| 94085 | 20 | $1,435,000 | $1,080 | 44 |
| 94089 | 20 | $1,143,250 | $686 | 67 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 47 | $2,400,000 | $1,437 |
| TOWNHOMES | 16 | $1,328,500 | $806 |
| CONDOS | 11 | $825,000 | $763 |
| MOBILE | 8 | $340,000 | $234 |
| CONDO | 3 | $1,224,500 | $1,022 |
| MULTI_FAMILY | 3 | $1,750,000 | $485 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $300K - $399K | 4 |
| $400K - $499K | 1 |
| $500K - $749K | 4 |
| $750K+ | 77 |
Current Active Listings
As of this report, there are 272 active listings in Sunnyvale with a median asking price of $1,397,500 and an average of 53 days on market.
Thinking About Selling Your Sunnyvale Home?
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