Sunnyvale, Ca. Condo Market Update 01-21-09
As of today here is the market update for condos/townhomes in Sunnvyale.
88 Active Listings
25 Pending Sales
2 Sales in Last Week
What does this mean? The inventory of active sales is up from 73 last week, with pending sales also being up a little from 23 last week, and solds are down a little from 4 last week. The ratio of pending to active is still between 3-4 to 1, so there is not a huge change. That ratio needs to get a little closer to stabilize the prices, but we will have to see how things go. 16 of the pending sales are for condos less than $500,000 so it is obvious that the lower end of the market is doing better than the upper end.
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 next to the search icon 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