Mary Pope-Handy's Market Report

Mountain View, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Mountain View, CA

Sun Jul 21 2019
This week the median list price for Mountain View, CA is $1,914,500 with the market action index hovering around 58. This is less than last month's market action index of 63. Inventory has held steady at or around 30. Click here to stay informed with the Mountain View market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. 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

Sun Jul 21 2019
This week the median list price for Mountain View, CA is $1,914,500 with the market action index hovering around 58. This is less than last month's market action index of 63. Inventory has held steady at or around 30. Click here to stay informed with the Mountain View market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. 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 $1,914,500
Per Square Foot $1,334
Days on Market 88
Price Decreased 37%
Price Increased 7%
Relisted 13%
Inventory 30
Median House Rent $4,750
Most Expensive $6,000,000
Least Expensive $1,295,000
Market Action Index
Strong Seller's Market
58

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
$2,789,000 2,425 0.25 - 0.5 acre 4 2 67 0 1 87
$2,098,000 1,364 4,500 - 6,500 sqft 3 2 66 1 2 135
$1,887,500 1,547 4,500 - 6,500 sqft 4 2 59 0 1 88
$1,482,500 1,154 0 - 4,500 sqft 3 2 50 0 0 48