How’s the Mountain View real estate market? This is one of the very hottest areas within Silicon Valley and is home to a myriad of high tech companies and in a stone’s throw of others. With a charming and walkable downtown, easy access to CalTrain and a vibrant atmosphere conducive to both work and play, it is no wonder that people relocating to the San Francisco Bay Area or Silicon Valley place Mountain View squarely in their target.

All that popularity comes at a cost, though. Prices have been sky high here for years, both for rentals and for home purchasing. The good news, though, for those with property or those who take the plunge and buy: it doesn’t look like Mountain View is going to lose its appeal anytime soon.

In this article, which is updated periodically, we will include live Altos Charts which automatically update weekly (so bookmark this page!) as well as monthly insights from the Real Estate Report for Mountain View. And time to time it will be enhanced with “in the trenches” commentary, too.

Overview of the city of Mountain View’s residential real estate market for houses:

Here are the statistics for sales in the last few months. You can see that the average days on market have dropped to 13 days and inventory is up slightly. Prices are up slightly month-over-month with homes on average selling over list price at 109.0%. Overall, there’s been some warming in the Mountain View housing market, but this is still a steady seller’s market. See the whole Mountain View Real Estate Report online here.

Mountain View Stats At A Glance:

Year-Over-Year

  • Median home prices increased by 14.2% year-over-year to $2,005,000 from $1,755,000.
  • The average home sales price rose by 12.8% year-over-year to $2,058,790 from $1,825,710.
  • Home sales fell by 20.8% year-over-year to 19 from 24.
  • Active listings fell 17.1% year-over-year to 29 from 35.
  • Sales price vs. list price ratio rose by 0.8% year-over-year to 109.0% from 108.1%.
  • The average days on market fell by 17.4% year-over-year to 13 from 16.

Compared To Last Month

  • Median home prices improved by 12.6% to $2,005,000 from $1,780,000.
  • The average home sales price rose by 8.4% to $2,058,790 from $1,900,050.
  • Home sales down by 9.5% to 19 from 21.
  • Active listings dropped 0.0% to 29 from 29.
  • Sales price vs. list price ratio increased by 2.8% to 109.0% from 106.1%.
  • The average days on market dropped by 53.3% to 13 from 28.

Mountain View real estate market trends and data by neighborhood

My Real Estate Report drills down the data by neighborhood in Mountain View (and also Palo Alto and San Jose – the latter being very understandable as it’s almost 1 million people, rather than Mountain View’s 75,000 people). Want to check out these areas? Then visit popehandy.rereport.com, select Santa Clara County, then under city choose Mountain View, and under ZIPS select the area you want. Here are your options there:

Please continue reading to see the data for condominiums and townhouses, plus also the live Altos Research charts for both single family homes and also condos and townhomes.

RE Report for the Mountain View Condo Market

There’s tons of activity in the Mountain View condo market. Normally the condo market falls short of the housing market in the bay area, but not this time. These condos are selling well above list price (108.5% over), and in a speedy 11 days. With 29 condos pending, 30 sold and closed, and 12 active, inventory and turnover is slightly higher in the condo market than in the housing market! Usually in condo markets, smaller inventory provides less reliable data, but steady trends over the past months plus steadily increasing inventory tells us this is is a fairly accurate look at the current market.

Altos Research Charts:
Single Family homes by price quartile

Median List price

Real Estate Market Chart by Altos Research www.altosresearch.com

Average days on market for single family homes in Mountain View

Real Estate Market Chart by Altos Research www.altosresearch.com

Inventory of single family homes (showing in quartiles but these will always have the same pattern per quartile)
Real Estate Market Chart by Altos Research www.altosresearch.com

Townhouse and condo market in Mountain View:
Altos Research Charts

Median list price:

Real Estate Market Chart by Altos Research www.altosresearch.com

Average days on market:

Real Estate Market Chart by Altos Research www.altosresearch.com

Inventory

Real Estate Market Chart by Altos Research www.altosresearch.com

Mountain View zip codes include 94040, 94041, 94043 (related area 94035,94039,94042 – post office and other non-housing areas)

 

Homes for sale in Mountain View, California

  1. 0 beds, 0 baths
    Home size: 15,326 sq ft
    Lot size: 24,045 sqft
    Year built: 1963
  2. 0 beds, 0 baths
    Home size: 7,291 sq ft
    Lot size: 13,242 sqft
    Year built: 1959
  3. 2 beds, 1 full bath
    Home size: 917 sq ft
    Lot size: 914 sqft
    Year built: 1972
  4. 4 beds, 3 full baths
    Home size: 2,128 sq ft
    Lot size: 1,001 sqft
    Year built: 2002
  5. 2 beds, 2 full baths
    Home size: 998 sq ft
    Lot size: 2,395 sqft
    Year built: 1978

See all Real estate in the city of Mountain View.
(all data current as of 5/29/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


Selling homes in
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2007: Mary Pope-Handy and Frances Flynn Thorsen win the Project Blogger Contest for Mary's Live in Los Gatos blog. The contest was sponsored by
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