20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

607

$1,2

15,0

00

$2,3

70,0

00

$1,1

74,5

02

9 810

574618

573 566

$1,0

08

,739

$1,3

71,8

96

$1,4

59,2

42

$1,7

04,

84

4

$1,4

00,

00

0

$1,4

90,

00

0

$1,7

25,5

00

$1,0

30,8

75

910 9

Median Price

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

607

$1,2

15,0

00

$2,3

70,0

00

$1,1

74,5

02

9 810

574618

573 566

$1,0

08

,739

$1,3

71,8

96

$1,4

59,2

42

$1,7

04,

84

4

$1,4

00,

00

0

$1,4

90,

00

0

$1,7

25,5

00

$1,0

30,8

75

910 9

Average Price

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

607

$1,2

15,0

00

$2,3

70,0

00

$1,1

74,5

02

9 810

574618

573 566

$1,0

08

,739

$1,3

71,8

96

$1,4

59,2

42

$1,7

04,

84

4

$1,4

00,

00

0

$1,4

90,

00

0

$1,7

25,5

00

$1,0

30,8

75

910 9

Median Days on Market

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

607

$1,2

15,0

00

$2,3

70,0

00

$1,1

74,5

02

9 810

574618

573 566

$1,0

08

,739

$1,3

71,8

96

$1,4

59,2

42

$1,7

04,

84

4

$1,4

00,

00

0

$1,4

90,

00

0

$1,7

25,5

00

$1,0

30,8

75

910 9

Number of Sales

Dear Sunnyvale Homeowner:

I am pleased to present you with my Sunnyvale Real Estate Review for 2017 – the most comprehensive and up-to-date report for Sunnyvale homeowners. This information is designed to help you understand the market trends and property valuations in Sunnyvale, a town in which I specialize in selling homes. The data included in this report is based on sales of single-family homes that were publicly marketed through the Multiple Listing Service (MLS) and does not include sales of condominiums or townhomes. If you are interested in those sales, I can certainly provide you with details.

On a personal note, I am honored to be part of The Troyer Group, the #1 Realtor at Intero Real Estate Services and #27 Team in the United States. We attribute our success to a passion for selling homes for more than 20 years, an in-depth knowledge of this community, and an unparalleled level of service in this industry.

Even in a strong market, one of the most important things you can do when buying or selling a home is to be represented by an agent with local experience. I have the experience and knowledge that it takes to successfully sell your Sunnyvale home in 2018, or to find you the perfect home. Please contact me with any questions and for a free market analysis of your home. It would be my pleasure to represent you.

Sincerely,

Mini Kalkat

2017 SUNNYVALE REAL ESTATE REVIEW

ALL OF SUNNYVALEMINI KALKAT 650.823.7835 MINI@MINIKALKAT.COM MINIKALKAT.COM

TROYERGROUP

THE

Your home is where our heart is

RECAP OF 2017• Average price $1,624,918 – up 15%

• Prices up 136% since recession low in 2010

• Far fewer homes for sale

PRICESThe average price of a home sold in 94086 increased 15% to a new record high of $1,624,918. Since the recession and the most recent low in 2010 when the average price was $684,879, the average price is up by 136%. The median price (half of all homes sold above and below this price) also set a new record at $1,625,000, 16% higher than in 2016. Additionally, a new record was set for an individual sale at $2,525,000 for a new home in Washington Park that sold for 5% more than asking price. An incredible 91% of all homes sold for more than list price.

PRICES BY SCHOOL DISTRICTThe average price in 94086 in the Sunnyvale School District was $1,594,359, up 13% from 2016. Homes in the Santa Clara Unified School District sold for an average of $1,667,194, an increase of 18%.

NUMBER OF SALESThere were 128 sales of single-family homes reported through the Multiple Listing Service in 94086, far fewer than in 153 sales in 2016. The low number of sales is directly attributed to the low number of homes available for sale. There were only 143 new listings, the lowest number on current records going back to 2001. There has been a steady decline in new listings since 2010, which has directly resulted in the steady increase in prices.

LENGTH OF TIME TO SELLIt’s no surprise that with demand like we had, that more than half of all sales were in 8 days or less. This is the lowest number in current records dating back to 2001 when the median days on market was 35. Only 10 of the 128 sales were on the market more than 3 weeks.

2017 SUNNYVALE REAL ESTATE REVIEW – ZIP 94086

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

143

$1,1

25,0

00

$2,3

70,0

00

$1,11

1,50

5

9 89

150

168153

128

$90

9,30

6

$1,2

74,2

38

$1,4

08

,37

7

$1,6

24,9

18

$1,2

93,0

00

$1,4

00,

00

0

$1,6

25,0

00

$905

,00

0

910 9

Median Price

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

143

$1,1

25,0

00

$2,3

70,0

00

$1,11

1,50

5

9 89

150

168153

128

$90

9,30

6

$1,2

74,2

38

$1,4

08

,37

7

$1,6

24,9

18

$1,2

93,0

00

$1,4

00,

00

0

$1,6

25,0

00

$905

,00

0

910 9

Average Price

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

143

$1,1

25,0

00

$2,3

70,0

00

$1,11

1,50

5

9 89

150

168153

128

$90

9,30

6

$1,2

74,2

38

$1,4

08

,37

7

$1,6

24,9

18

$1,2

93,0

00

$1,4

00,

00

0

$1,6

25,0

00

$905

,00

0

910 9

Median Days on Market

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

143

$1,1

25,0

00

$2,3

70,0

00

$1,11

1,50

5

9 89

150

168153

128

$90

9,30

6

$1,2

74,2

38

$1,4

08

,37

7

$1,6

24,9

18

$1,2

93,0

00

$1,4

00,

00

0

$1,6

25,0

00

$905

,00

0

910 9

Number of Sales

85

94089

94085

94086

94087

SUNN

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RATO

GA R

D WOL

F RD

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LDA

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EL CAMINO REAL

CENTRAL EXPY

LAW

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We could not have asked for a better agent during the process of selling our house… It is undeniable how knowledgeable she is and she made the process very seamless for us even though it all happened earlier and faster than we had planned. Each step of the process was navigated expertly through her guidance. Most importantly, Mini is very accessible and was available at all times to answer any questions we had even beyond closing. She certainly brings a personal touch to the whole experience which is hard to find these days.

– Jacqueline D.

RECAP OF 2017• Average price $1,978,846 – up 17%

• Prices up 120% since recession low in 2009

• Number of sales increases

PRICESPrices increased to dramatic new highs with the average reaching almost $2 million in 94087. Increasing 17% just since 2016, and 120% since the recession low in 2009, the average price of a home sold in 94087 was $1,978,846. The median price (half of all homes sold above and below this price) also set a new record at $1,919,000, 15% higher than in 2016. Additionally, a new record was set for an individual sale at $4,000,000 for home with sub-dividable land not far from Apple Park. An incredible 89% of all homes sold for more than list price in 94087.

PRICES BY SCHOOL DISTRICTThe average price in 94087 in the Santa Clara Unified School District was $1,798,391, up 18% from 2016. Homes in the Sunnyvale School District sold for an average of $1,961,375, an increase of 18%. And, in the sought-after Cupertino School District, the average price was a dramatic $2,060,685, an increase of 16%.

NUMBER OF SALESThere were 304 sales of single-family homes reported through the Multiple Listing Service in 94087, up from 292 sales in 2016. Overall, there has been a steady decline in new listings since the recession, which has directly resulted in the steady increase in prices.

LENGTH OF TIME TO SELLMore than half of all sales were in 9 days or less, about the same number of days on market we have seen in the past 6 years as demand remains incredibly high. Only 30 of the 304 sales were on the market for 3 weeks or more.

2017 SUNNYVALE REAL ESTATE REVIEW – ZIP 94087

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

324

$1,4

25,0

00

$2,3

70,0

00

$1,4

33,6

79

9 910

282 298 292 304

$1,2

16,1

09

$1,6

70,2

12

$1,6

90,

828

$1,9

78,8

46

$1,6

53,5

00

$1,6

70,0

00

$1,9

19,0

00

$1,2

10,5

00

99 9

Median Price

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

324

$1,4

25,0

00

$2,3

70,0

00

$1,4

33,6

79

9 910

282 298 292 304

$1,2

16,1

09

$1,6

70,2

12

$1,6

90,

828

$1,9

78,8

46

$1,6

53,5

00

$1,6

70,0

00

$1,9

19,0

00

$1,2

10,5

00

99 9

Average Price

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

324

$1,4

25,0

00

$2,3

70,0

00

$1,4

33,6

79

9 910

282 298 292 304

$1,2

16,1

09

$1,6

70,2

12

$1,6

90,

828

$1,9

78,8

46

$1,6

53,5

00

$1,6

70,0

00

$1,9

19,0

00

$1,2

10,5

00

99 9

Median Days on Market

20172016201520142013

2017201620152014201320172016201520142013

20172016201520142013

MED. DAYS ON MARKET NUMBER OF SALES

AVERAGE PRICE MEDIAN PRICE

324

$1,4

25,0

00

$2,3

70,0

00

$1,4

33,6

79

9 910

282 298 292 304

$1,2

16,1

09

$1,6

70,2

12

$1,6

90,

828

$1,9

78,8

46

$1,6

53,5

00

$1,6

70,0

00

$1,9

19,0

00

$1,2

10,5

00

99 9

Number of Sales

85

94089

94085

94086

94087

SUNN

YVAL

E SA

RATO

GA R

D WOL

F RD

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ATHI

LDA

AVE

EL CAMINO REAL

CENTRAL EXPY

LAW

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Mini helped us sell our home. She is very experienced and provided good input to the selling. She is our key contact for all the activities and we found her very reliable. She is great at doing open house and negotiating with other agents. Because of her we have achieved our goal within small time window and with good offer price. I highly recommend her.

– Peter S.

PRSRT STDU.S. Postage

PAIDSan Francisco, CAPermit No. 2001Mini Kalkat • Intero Real Estate Services

496 First Street, # 200 • Los Altos, CA 94022

If your home is currently listed for sale, this is not intended as a solicitation of that listing. Information in this report is deemed reliable, but not guaranteed. ©Marketing Designs, Inc. 650.802.0888 marketingdesigns.net

2017 SUNNYVALE REVIEWRecord Breaking Prices

Average & Median Exceeded $1.7 Million

88% Sold Over List Price

Half Sold in 8 Days or Less

2017 SUNNYVALE REAL ESTATE REVIEW

A Berkshire Hathaway Affiliate

Why do so many Sunnyvale home sellers choose Mini Kalkat? The power of a real estate team, value added services like staging (paid for by Mini), inspections, and property preparation, plus marketing at the highest level with a professional advertising agency on retainer. All of this frees up Mini’s time to spend directly with her clients.

Mini Kalkat is an avid real estate enthusiast and has been working in real estate for over 25 years. In 2011, Mini joined The Troyer Group, the #1 agent at Intero Real Estate, #8 team in California, and #27 in the United States. Since 2015, Mini is personally recognized as one of the top 1% of all Realtors nationwide.

Mini also excels at MINI MAKEOVERS™ – putting your home in tip-top shape for the market. Her training comes from years of experience in London managing and restoring historic buildings and here locally where her passion for remodeling is on-going.

Solid market knowledge, excellent property preparation with her MINI MAKEOVERS™, strategic pricing, innovative online and print marketing, plus strong negotiating skills have always been at the heart of Mini’s success. While technology is great, Mini is still a strong believer in one-on-one personal contact with each and every client.

I anticipate this upward market trend to continue in 2018, particularly with the strength of the financial markets and our job market, including the new Apple Park so close by and others like Microsoft, Kaiser, and Google. Selling a home can be stressful if you choose the wrong agent. Be sure Mini Kalkat is one of your choices to interview. You have nothing to lose.

MINI KALKAT License# 01112790

650.823.7835 | MINI@MINIKALKAT.COM

MINIKALKAT.COM

MINI KALKAT THE REAL ESTATE AGENT

OF CHOICE IN SUNNYVALE

Want more reasons to choose Mini? Check out reviews on Yelp or at minikalkat.com.

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