Sunnyvale Housing Market Report – May 2026
Here's a look at how the Sunnyvale, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 130
- Median Sale Price: $1,685,750
- Average Sale Price: $1,876,517
- Average Price Per Sq Ft: $1,165
- Average Days on Market: 48
- Sale-to-List Price Ratio: 104.4%
Month-Over-Month Trends
Compared to April, the median sale price in Sunnyvale moved 7.3% down (from $1,818,000 to $1,685,750). The number of homes sold was 5.7% up compared to the prior month (123 vs. 130). Average days on market shifted 4.3% up (46 days to 48 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 13.6% down (from $1,951,000 to $1,685,750). Sales volume is 36.8% up year-over-year.
What This Means
Sunnyvale's housing market is showing a cautiously optimistic shift as we move into late spring. While the median sale price dipped 7.3% month-over-month to $1.69 million, the year-over-year decline of 13.6% suggests we're stabilizing after a sustained cooling period. The fact that homes are selling above asking price (104.4% ratio) despite softer prices indicates genuine buyer demand—these aren't desperate firesales, but rather a normalization from the pandemic-era extremes. Single-family homes dominate the mix at 64 sales, reflecting continued preference for detached properties in Silicon Valley.
The inventory situation tells an interesting story. With 261 active listings, supply has loosened considerably, giving buyers more options and negotiating power. However, listings are sitting slightly longer on the market—48 days versus 46 the previous month—suggesting the frenzy has truly faded. The gap between active listing prices ($1.398M median) and actual sale prices ($1.686M) reveals that sellers may still be optimistic or that higher-priced properties dominate the market.
Overall, Sunnyvale appears to be finding its footing in a more balanced market. Sustained interest rates and tech sector uncertainty continue to weigh on pricing, but the sale-to-list ratio and sales activity suggest we've moved past panic and into a period of reasonable equilibrium.
Sunnyvale Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94087 | 39 | $3,000,000 | $1,557 | 30 |
| 94086 | 36 | $1,520,000 | $1,127 | 50 |
| 94085 | 30 | $1,572,750 | $1,005 | 46 |
| 94089 | 25 | $1,380,000 | $799 | 84 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 64 | $2,718,000 | $1,564 |
| TOWNHOMES | 34 | $1,420,000 | $904 |
| MOBILE | 10 | $334,500 | $214 |
| CONDOS | 8 | $840,500 | $828 |
| CONDO | 7 | $1,447,000 | $934 |
| MULTI_FAMILY | 7 | $1,749,000 | $758 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 2 |
| $300K - $399K | 6 |
| $400K - $499K | 1 |
| $500K - $749K | 4 |
| $750K+ | 117 |
Current Active Listings
As of this report, there are 261 active listings in Sunnyvale with a median asking price of $1,398,000 and an average of 50 days on market.
Thinking About Selling Your Sunnyvale Home?
If you're a homeowner in Sunnyvale considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Sunnyvale and throughout Santa Clara County — get a no-obligation cash offer today.