Mary Pope-Handy's Market Report

Mountain View, CA

Single-Family Homes

Christie's International Real Estate Sereno | 408 204-7673 | ValleyOfHeartsDelight.com/blog



Mountain View, CA

Wed Feb 21 2024
This week the median list price for Mountain View, CA is $2,488,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has increased to 14. 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 achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Mountain View, CA

Wed Feb 21 2024
This week the median list price for Mountain View, CA is $2,488,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has increased to 14. 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 achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Mountain View market.
Median List Price $2,488,000
Median Price of New Listings $2,419,000
Per Square Foot $1,293
Average Days on Market 116
Median Days on Market 11
Price Decreased 21%
Price Increased 0%
Relisted 14%
Inventory 14
Median Rent
Market Action 59
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
$4,698,000 3,910 8,000 - 10,000 sqft 6 5.5 1 1 1 147
$2,650,000 1,327 8,000 - 10,000 sqft 3 2 72 2 1 0
$2,393,500 2,110 0 - 4,500 sqft 4 3.5 0 1 1 7
$1,948,000 1,323 4,500 - 6,500 sqft 3 2 65 2 1 7