Market Report - The Brasil Group

Mountain View, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Mountain View, CA

Tue Jun 06 2023
This week the median list price for Mountain View, CA is $1,399,900 with the market action index hovering around 64. This is about the same as last month's market action index of 64. Inventory has increased to 25. Click here to stay informed with the Mountain View market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mountain View, CA

Tue Jun 06 2023
This week the median list price for Mountain View, CA is $1,399,900 with the market action index hovering around 64. This is about the same as last month's market action index of 64. Inventory has increased to 25. Click here to stay informed with the Mountain View market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mountain View market.
Median List Price $1,399,900
Median Price of New Listings $1,348,000
Per Square Foot $949
Average Days on Market 66
Median Days on Market 35
Price Decreased 16%
Price Increased 4%
Relisted 0%
Inventory 25
Median Rent
Market Action 64
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,013,000 1,971 8,000 - 10,000 sqft 4 3 2 1 2 24
$1,585,000 1,431 0 - 4,500 sqft 3 2.5 25 1 2 10
$1,093,444 1,184 0 - 4,500 sqft 2 2.3 37 2 3 227
$719,950 864 0 - 4,500 sqft 1 1 51 0 1 35