Strong Seller's Market
▲ Heating UpSerra, Sunnyvale Market Update
Serra 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 14% above asking — budget above list price to compete
- Monthly payment: $16,536 (20% down) — 1.7x the Bay Area average
- Serra pricing is 77% above the Sunnyvale median ($3.31M vs. $1.87M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$3.31M
▲ 27.5% YoY
12 sold this month
Up $715K from last year
Days on Market
9 days
▲ +1d YoY
Homes sell in a week or two
Sale-to-List Ratio
114.2%
▲ from 108.6%
Selling 14% above asking
Active Inventory
6
Very low — limited options for buyers
Sold Above List
75%
▼ -3pp YoY
2 in 3 homes get competing offers
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
76%
▲ 45pp YoY
8 in 10 go pending within 2 weeks
Monthly Payment
$16,536
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $3.31M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$1,694/mo on the median Serra home. Your actual rate depends on your credit, down payment, and loan type.Serra Trends
Median Sale Price
Up 27.5% year-over-year in Serra.
What You'd Actually Pay Per Month
Monthly cost is up 17% year-over-year in Serra.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Serrawell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Serra
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