Predictions for Sunnyvale, Cupertino


#1026

Homestead High School Zone
7 days later, 28 homes available for sale.
3 new. 25 previous. So (27-25) = 2 out of previous 27 available are sold or delisted over the last 7 days.
Over the last few months, Inventory has edged up from 24-25 available to 27-29 available.
So few sale? So few new listings?

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 $2.90M Jul 31, 2018


#1027

Created a graph to show the trend:
https://docs.google.com/spreadsheets/d/e/2PACX-1vQRR4gO0-sfH3s8HA4CfKpWUYySCN1yeMGOIqpulcqhNP7CVVHrkMXiTFbZ0r8rN97a4I6mFkqzwm9Z/pubhtml

This is inline with what I saw in other areas. Big slowdown starting mid April, picked up a bit and then slowing down again.


#1028

Thank you for the analytics :hugs: How about myo’s delayed dates (can’t remember exactly) on sale and list… something to do with how many newly listed got sold with 1 week, 2 weeks, 3 weeks.


#1029

We all like data and want to see where this trend is headed. Where is @myo’s data? I didn’t catch it. Are there enough data points?


#1030

I think I didn’t capture sufficient data :hugs:


#1031

Need to start doing other areas! :slight_smile:


#1032

Isn’t “Days On Market” better indicator for slowdown than “number of listings”?


#1033

Sold for 600K over asking.
https://www.redfin.com/CA/Cupertino/10530-Barnhart-Ct-95014/home/1013636


#1034

This is Rancho Rinconada, the least desirable part of Cupertino.
I guess LA did a good job.


#1035

Which is the better part of Cupertino? I dunt know this area well.


#1036

Monta Vista HS district and around Foothill are the nicer areas.


#1037

Its still a 3000sqft new(ish) house on 9k lot. These houses are at least 3M+. Especially with mouch older and smaller SVL homes selling for 2.5.


#1038

Rancho Rinconada was unincorporated area and got annexed by Cupertino in 90s. Most of the homes are on 5k lots except few streets that have bigger lots. Earlier there was no zoning and there are some monster homes built on 5k lots which would not be approved today. The old homes are all basically shacks that are tear down (look at the street view around this house) eventually all of them will get replaced by new homes.


#1039

Kennedy and Lawson middle area is good.
Recently, people prefer Lawson middle neighborhood due to proximity to Apple park and shopping/retaurants on Stevens Creek.


#1040

https://www.zillow.com/homedetails/8157-Park-Villa-Cir-Cupertino-CA-95014/19632732_zpid/

Is this condo over bidding? 1.62m?

Also, another Rockefeller dr house is listed. Let’s see how much it can fetch this time
https://www.redfin.com/CA/Sunnyvale/1073-Rockefeller-Dr-94087/home/1281372?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link


#1041

Hmmmmmm, long back 10 years before, my friend sold his home for 820k which he bought at 500k around.

They are Town homes, but almost like independent houses, walk-able distance to all three Top Monta Vista area schools.

Above all, this is Single story, 3Bd, 2BH TBH, but looks like SFH style. Location is premium, no wonder 1.62M range as real SFH ranges around 2.5M level.


#1042

Photos here.

I looked at the last few pictures but couldn’t understand the set-up well.
In this way, doesn’t each unit face multiple windows with other unit without fence?
What is the benefit of such setting compare to typical townhomes?

Although small, I like its interior design. Lots of books in cozy set-up.


#1043

https://www.redfin.com/CA/Cupertino/8078-Park-Villa-Cir-95014/home/1313562?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link
Another unit in the same community with 2br still looking for a buyer. With more updated interior and no more pop corn ceiling.


#1044

Homestead High School Zone
7 days later, 25 homes available for sale.
2 new. 23 previous. So (28-23) = 5 out of previous 28 available are sold or delisted over the last 7 days.
Inventory stays at 25-28, fairly stable, no signs of panic selling.


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 $2.90M Jul 31, 2018


#1045

Homestead High School Zone
7 days later, 26 homes available for sale.
8 new. 18 previous. So (25-18) = 7 out of previous 25 available are sold or delisted over the last 7 days.
Inventory stays at 25-28, fairly stable, no signs of panic selling.


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 $2.90M Jul 31, 2018