Monday, February 2, 2009

Sunnyvale Market Update, Jan 31: Single Family Homes

Here's today's snapshot of the single family home market in Sunnyvale--

132 active listings
51 pending listings
4 sold homes in last week

What does this mean? There isn't much change from last week, when there were 129 active and 54 pending listings. The sold number is a little less. In the under 550K market there's still more activity than in the higher end, but the pending to active ratio is a little worse than last week. My expectation is that once the conforming loan limit goes back to $729,500, which the 2009 Stimulus Package has promised to do, the market will be active up to the 800K mark.

If you are interested in finding the final selling price of any home, anywhere, you can do it on my website. Click here to get to my site--once there, click on Cyberhome Home Valuation. You can then type in any address to get the county records.

If you need anything else please, feel free to contact me--I'm always here to help you.

Marcy Moyer, Intero Real Estate
marcy@marcymoyer.com
650-619-9285

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