Strong Seller's Market
▼ Cooling DownOrtega, Sunnyvale Market Update
Ortega is one of the most competitive markets in the Bay Area right now. Here's what you need to know:
- Homes go pending in about 9 days — move quickly or you'll miss out
- Selling 10% above asking — budget above list price to compete
- Monthly payment: $12,596 at 6.37% (20% down on a $2.52M median home)
- Ortega pricing is 35% above the Sunnyvale median ($2.52M vs. $1.87M)
Competition is easing. Conditions may improve in coming months.
Median Sale Price
$2.52M
▲ 15.7% YoY
9 sold this month
Up $342K from last year
Days on Market
9 days
▼ -1d YoY
Homes sell in a week or two
Sale-to-List Ratio
109.7%
▼ from 111.0%
Selling 10% above asking
Active Inventory
12
Very low — limited options for buyers
Sold Above List
78%
▲ 28pp YoY
2 in 3 homes get competing offers
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
80%
▲ 15pp YoY
8 in 10 go pending within 2 weeks
Monthly Payment
$12,596
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $2.52M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$1,290/mo on the median Ortega home. Your actual rate depends on your credit, down payment, and loan type.Ortega Trends
Median Sale Price
Up 15.7% year-over-year in Ortega.
What You'd Actually Pay Per Month
Monthly cost is up 7% year-over-year in Ortega.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Ortegawell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Ortega
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