Mary Pope-Handy's Market Report

Mountain View, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Mountain View, CA

Wed Mar 20 2019
This week the median list price for Mountain View, CA is $2,046,500 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has held steady at or around 22. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Wed Mar 20 2019
This week the median list price for Mountain View, CA is $2,046,500 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has held steady at or around 22. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $2,046,500
Per Square Foot $1,291
Days on Market 85
Price Decreased 27%
Price Increased 0%
Relisted 14%
Inventory 22
Median House Rent $3,500
Most Expensive $6,000,000
Least Expensive $1,398,888
Market Action Index
Strong Seller's Market
49

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
$2,798,000 2,078 8,000 - 10,000 sqft 4 2 67 1 1 44
$2,349,000 1,788 4,500 - 6,500 sqft 3 2 67 2 2 166
$1,943,000 1,831 4,500 - 6,500 sqft 3 2 39 2 1 32
$1,599,500 1,117 4,500 - 6,500 sqft 3 2 65 0 1 106