Predictions for Sunnyvale, Cupertino


#885

SOLD!! AT ASKING PRICE


#886

Homestead High School Zone
11 days later, 16 homes available for sale.
9 new. 7 previous. So 5 out of previous 12 available are sold or delisted over the last 11 days.
Doesn’t feel hot :thinking:


1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018 Below $2M :disappointed_relieved: for a bigger built-in and nicer number than 1062, about 8% higher than 1059
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.35M Active for 36 days Still around :roll_eyes:


#887

Are we back?
started seeing price increases? Maybe because people were listing low, and getting offers around listing range, but seller needed more and iuncreased the price to reflect that?


#888

Stabilizing. Market is finding its feet. The disruption caused by Trump’s victory, Fed’s planned rate increase and trade wars are about to be discounted or accounted (not sure which one is the right word) for. From here, is about economy and job growth baby.


#889

Homestead High School Zone
13 days later, 19 homes available for sale.
12 new. 7 previous. So 9 out of previous 16 available are sold or delisted over the last 13 days.

1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.35M Pending


#890

Starting to come back. Hope people BTFD.


#891

Its sure is stagnating. We were asked to provide my best offer for a property we were asked to counter during bid (with just 2 offers). The house is still in Market and the listing agent called my agent to check if we are still interested.


#892

Flipper probably sold with a loss :scream:


#893

Looks like the case though it was sold within 2 weeks. May be the flipper saw the line on the wall.

I think the properties would good school district will hold price now. Others will have to re-adjust the price.


#894

No, check zillow it stayed on market for long.


#895

I know, i am pretty bummed for them, but good for the market :slight_smile:


#896

I don’t think so. Same numbers as the Brown one that @Ironduke posted. This is probably right around their break even number. Probably saw the market moving down and were happy to unload without a loss I’m guessing.


#897

Ok, flippers sold with no profit made :scream:


#898

Better home than the other svl.


#899

there is high voltage transmission lines in the backyard


#900

Homestead High School Zone
7 days later, 24 homes available for sale.
7 new. 17 previous. So 2 out of previous 19 available are sold or delisted over the last 7 days.
Sale slow down quite a bit.


1082 Plymouth Dr 3/1/1 1154/6000 $1.71M May 03, 2017
1059 Plymouth Dr 5/2/1 1435/6000 $1.78M Oct 12, 2017
1062 Plymouth Dr 2/1/1 0848/6034 $2.00M Feb 20, 2018
1074 Plymouth Dr 3/2/1 1680/6000 $2.21M Mar 29, 2018
1118 Plymouth Dr 3/1.75/1 1433/6206 $1.918M Jun 22, 2018
1137 Plymouth Dr 4/3.5/1 2300/6000 $2.35M Pending


#901

I think Sales are slowing down too. Plus I think inventory level is good. New Inventory is still coming.

If someone can compare with last year same time that would give clear indication.


#902

At national level, Housing starts tumble to 9-month low as market headwinds crush momentum, In a note published Tuesday, before the data release, BTIG analysts noted that their BTIG/HomeSphere Builder Survey found sales trends were sluggish in June. One-quarter of survey respondents said they had lower sales volumes than a year ago, while 51% saw traffic that was flat or lower than in June 2017.


#903

I was told this is all seasonal and a microtrend. I heard it will go up forever :slight_smile:


#904

I said seasonality was another possible cause. I also said there would be a slowdown that would likely be caused by rising rates and tax policy. I don’t think many people here dispute that in the short term things could soften.

That doesn’t change the longer term trend of technology infiltrating more industries and being centrally located in the San Francisco Bay Area.