Seller's Market
▼ Cooling DownWashington, Sunnyvale Market Update
Washington favors sellers, but smart buyers can still win. Here's the picture:
- 23 days on market gives buyers time to be selective and negotiate
- Selling 5% above asking — budget above list price to compete
- Monthly payment: $11,603 at 6.37% (20% down on a $2.33M median home)
- Washington pricing is 24% above the Sunnyvale median ($2.33M vs. $1.87M)
Competition is easing. Conditions may improve in coming months.
Median Sale Price
$2.33M
▼ -0.1% YoY
18 sold this month
Down $3K from last year
Days on Market
23 days
▲ +14d YoY
Typically sells within a month
Sale-to-List Ratio
104.7%
▼ from 116.8%
Selling 5% above asking
Active Inventory
11
Very low — limited options for buyers
Sold Above List
50%
▼ -36pp YoY
More than half sell above asking
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
50%
▼ -3pp YoY
Most go pending within 2 weeks
Monthly Payment
$11,603
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $2.33M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$1,189/mo on the median Washington home. Your actual rate depends on your credit, down payment, and loan type.Washington Trends
Median Sale Price
Down 0.1% year-over-year. The market is adjusting.
What You'd Actually Pay Per Month
Monthly cost has eased 8% year-over-year.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know Washingtonwell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about Washington
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