Mary Pope-Handy's Market Report

Mountain View, CA

Single-Family Homes

Sereno Group| 408 204-7673 | ValleyOfHeartsDelight.com



Mountain View, CA

Fri May 29 2020
This week the median list price for Mountain View, CA is $2,199,999 with the market action index hovering around 48. This is less than last month's market action index of 54. Inventory has held steady at or around 29. 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

Fri May 29 2020
This week the median list price for Mountain View, CA is $2,199,999 with the market action index hovering around 48. This is less than last month's market action index of 54. Inventory has held steady at or around 29. 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 $2,199,999
Per Square Foot $1,225
Days on Market 84
Price Decreased 34%
Price Increased 7%
Relisted 21%
Inventory 29
Median Rent $4,100
Most Expensive $5,500,000
Least Expensive $1,588,000
Market Action 48
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
$3,688,000 2,425 8,000 - 10,000 sqft 4 3 65 1 0 112
$2,513,000 2,080 6,500 - 8,000 sqft 4 3 11 1 3 47
$2,055,000 1,839 4,500 - 6,500 sqft 3 3 58 1 1 108
$1,723,995 1,475 4,500 - 6,500 sqft 3 3 41 2 1 70