Market Report - The Brasil Group

Mountain View, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Mountain View, CA

Thu Sep 21 2023
This week the median list price for Mountain View, CA is $1,263,500 with the market action index hovering around 63. This is less than last month's market action index of 68. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Mountain View, CA

Thu Sep 21 2023
This week the median list price for Mountain View, CA is $1,263,500 with the market action index hovering around 63. This is less than last month's market action index of 68. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Mountain View market.
Median List Price $1,263,500
Median Price of New Listings $999,950
Per Square Foot $952
Average Days on Market 38
Median Days on Market 18
Price Decreased 24%
Price Increased 0%
Relisted 6%
Inventory 34
Median Rent
Market Action 63
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,916,500 1,860 0 - 4,500 sqft 4 3 1 0 0 38
$1,663,500 1,654 0 - 4,500 sqft 3 2.8 9 4 0 7
$999,950 1,100 0 - 4,500 sqft 2 2 49 4 1 7
$825,000 1,012 0 - 4,500 sqft 2 2 54 3 1 28