Market Report - The Brasil Group

Mountain View, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Mountain View, CA

Fri Sep 30 2022
This week the median list price for Mountain View, CA is $1,034,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has increased to 34. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Mountain View, CA

Fri Sep 30 2022
This week the median list price for Mountain View, CA is $1,034,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has increased to 34. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Mountain View market.
Median List Price $1,034,000
Median Price of New Listings $1,298,500
Per Square Foot $944
Average Days on Market 25
Median Days on Market 7
Price Decreased 18%
Price Increased 0%
Relisted 3%
Inventory 34
Median Rent
Market Action 63
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,893,000 1,674 0 - 4,500 sqft 3 3 6 2 1 10
$1,274,000 1,315 0 - 4,500 sqft 2 3 40 2 1 7
$895,000 1,083 0 - 4,500 sqft 2 2 47 2 2 7
$609,888 662 0 - 4,500 sqft 1 1 51 0 0 14