Market Report - The Brasil Group

Mountain View, CA

Condos/Townhomes

The Brasil Group | info@theBrasilGroup.com



Mountain View, CA

Tue Jul 16 2024
This week the median list price for Mountain View, CA is $1,074,000 with the market action index hovering around 57. This is less than last month's market action index of 61. Inventory has decreased 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Jul 16 2024
This week the median list price for Mountain View, CA is $1,074,000 with the market action index hovering around 57. This is less than last month's market action index of 61. Inventory has decreased 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,074,000
Median Price of New Listings $1,298,000
Per Square Foot $886
Average Days on Market 77
Median Days on Market 32
Price Decreased 32%
Price Increased 3%
Relisted 3%
Inventory 34
Median Rent
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,984,000 1,771 0 - 4,500 sqft 3 4 0 1 2 24
$1,413,944 1,477 0 - 4,500 sqft 3 3 39 2 3 31
$920,000 1,100 0 - 4,500 sqft 2 2 51 2 1 28
$699,000 843 0 - 4,500 sqft 2 1 55 0 1 70