Strong Seller's Market
▲ Heating UpWest Murphy, Sunnyvale Market Update
West Murphy 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 7% above asking — budget above list price to compete
- Monthly payment: $8,231 at 6.37% (20% down on a $1.65M median home)
- West Murphy pricing is near the Sunnyvale city-wide median ($1.65M vs. $1.87M)
More competitive than last year. Waiting will likely mean paying more.
Median Sale Price
$1.65M
▲ 10.0% YoY
23 sold this month
Up $150K from last year
Days on Market
9 days
▼ -4d YoY
Homes sell in a week or two
Sale-to-List Ratio
107.1%
▼ from 107.7%
Selling 7% above asking
Active Inventory
15
Very low — limited options for buyers
Sold Above List
83%
▲ 13pp YoY
2 in 3 homes get competing offers
Price Drops
—
Sellers rarely reduce their price
Off Market in 2 Wks
69%
▲ 26pp YoY
Most go pending within 2 weeks
Monthly Payment
$8,231
— 6.37% · 30yr fixed
Principal & interest only on a 20% down $1.65M home. Add ~30–40% for property taxes, insurance, and HOA.
30-yr Fixed6.37%
15-yr Fixed5.74%
A 1% rate drop would save ~$843/mo on the median West Murphy home. Your actual rate depends on your credit, down payment, and loan type.West Murphy Trends
Median Sale Price
Up 10.0% year-over-year in West Murphy.
What You'd Actually Pay Per Month
Monthly cost is up 1% year-over-year in West Murphy.
Melanie Tan
8 Blocks Real Estate · DRE #02014153
“I know West Murphywell. Let me help you understand what the numbers mean for your specific situation.”
Let's talk about West Murphy
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