Balanced Market
▼ Cooling DownLakewood, Sunnyvale Market Update
Lakewood is a balanced market — a good environment for thoughtful decisions on both sides:
- Homes sit for about 18 days — enough time to tour, but don't wait too long
- Selling at or just above list price — fair offers still win here
- Monthly payment: $8,031 at 6.37% (20% down on a $1.61M median home)
- Bidding wars persist (54% sell above list) but inventory is growing — competition may ease soon
- Lakewood pricing is near the Sunnyvale city-wide median ($1.61M vs. $1.87M)
Competition is easing. Conditions may improve in coming months.
Median Sale Price
$1.61M
▼ -5.3% YoY
13 sold this month
Down $90K from last year
Days on Market
18 days
▲ +5d YoY
Typically sells within a month
Sale-to-List Ratio
101.6%
▼ from 103.3%
Selling at or just above asking
Active Inventory
15
Very low — limited options for buyers
Sold Above List
54%
▼ -17pp YoY
More than half sell above asking
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
57%
▲ 12pp YoY
Most go pending within 2 weeks
Monthly Payment
$8,031
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $1.61M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$823/mo on the median Lakewood home. Your actual rate depends on your credit, down payment, and loan type.Lakewood Trends
Median Sale Price
Down 5.3% year-over-year. The market is adjusting.
What You'd Actually Pay Per Month
Monthly cost has eased 13% year-over-year.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Lakewoodwell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Lakewood
Market data: Redfin Data Center · Rates: FRED / Federal Reserve · Updated weekly · Data through Feb 2026
© 2026Melanie Tan, 8 Blocks Real Estate · DRE #02014153
© 2026Melanie Tan, 8 Blocks Real Estate · DRE #02014153