Sunnyvale CA real estate ends 2013!
2013 was another strong year for Sunnyvale real estate total home sales were up 5.35% compared to 2012. This continues the trend for the last few years where homes sales have climbed 13.32 % in 2012 and 7.27% in 2011. In addition, the Median Home Price for Sunnyvale CA single family homes increased 20.1% ($1,026,000 from $865,000) in 2013.
The demand for Sunnyvale CA condos / townhouses was also strong in 2013. Condo /townhouse sales jumped 24.5% and the Median Home Price also increased 23.32 %.
Sunnyvale CA home sales and the median home price have jumped every year since 2011.
Sunnyvale CA is a Great Place to Live
So why is Sunnyvale CA such a desirable destination for home buyers? Sunnyvale continues to be ranked one of the most livable communities in California due to low crime, great employment opportunities, terrific weather and close proximity to Palo Alto, Mountain View, Cupertino and San Jose.
Sunnyvale, CA continues to feature four terrific school districts: Sunnyvale School District, Cupertino Unified School District, Santa Clara Unified School District and the Fremont Union High School District.
Housing Forecast for Sunnyvale CA
For 2014, I expect Sunnyvale CA real estate will continue to be very strong as demand stays high and inventories remain consistent to 2013 levels.