Sunnyvale, Ca. Single Family Home Market Update 01-21-09

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Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194

Sunnyvale, Ca. Single Family Home Market Update 01-21-09

 

As of today here is the snapshot of the single family home market in Sunnyvale:

 

•129    Active Listings

54    Pending Listings

7      Sold homes in last week

 

What does this mean? There is not much change from last week when there were 124 active and 56 pending listings.  The sold number is the same.  There is tremendous activity in the lower end market. For homes under $500,000 there are 44 active listings and 34 pending sales. That is a .75 to 1 ratio of pending to active listings. That is an incredible number and says to me we really have hit bottom for that segment of the market.  The overall ration is 2.5 to 1 which is in itself very healthy.  However, for homes over $800,000 there are 48 active listings and 6 pending sales. This ratio of 1 to 8 pending to active is not very healthy, and my guess is will still see some softening.

 

 

If you are interested in finding the final selling price of any home, anywhere, you can do

it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address and get the county records.

 

If you need anything else please feel free to contact me. I am here to help you.

 

Marcy Moyer Intero Real Estate

marcy@marcymoyer.com

650-619-9285

www.marcymoyer.com

Posted by

Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties

 

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