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Mountain View CA real estate market trends and statistics on Mary Pope-Handy's Valley of Heart's Delight blogThe Mountain View CA real estate market was stronger than most of the valley in August, especially for single family homes.

Quick summary on the realty market in Mountain View, CA

  • Prices are up month-over-month and also year-over-year
  • Properties are selling fairly quickly with 26 days on the market, down from last month’s 31 days on the market. Things are warming up!
  • The sales to list price ratio rose to 104.5%, up from 101.7% in September (this has been rising since August)

 

Mountain View CA real estate market trends at a glance

First let’s have a look at the Real Estate Report  for residential sales data. (From that link you can also view Palo Alto real estate trends 2022 or any other section of the 3 counties covered.)

Trends At a Glance Oct 2022 Previous Month Year-over-Year
Median Price $2,685,000 (+24.5%) $2,157,000 $2,502,500 (+7.3%)
Average Price $2,621,300 (+8.6%) $2,414,460 $2,588,210 (+1.3%)
No. of Sales 15 (-34.8%) 23 28 (-46.4%)
Pending 38 (-11.6%) 43 44 (-13.6%)
Active 23 (-11.5%) 26 17 (+35.3%)
Sale vs. List Price 104.5% (+2.8%) 101.7% 116.4% (-10.2%)
Days on Market 26 (-16.5%) 31 13 (+92.7%)
Days of Inventory 46 (+40.3%) 33 18 (+152.5%)

 


Mountain View CA real estate market trends and data by neighborhood or district

Click here for neighborhood stats within the Mountain View CA real estate marketThe Mountain View CA real estate market is more complicated than most areas as it is comprised of a number of neighborhoods and school districts, each with different appeal and amenities. If you’re planning to buy or sell a home, it’s important to hone in and pinpoint the property’s micro market to understand the trends and pricing.

You can check these out by going to the Mountain View page on the RE Report, and then select “All Neighborhoods” to see a list and select the one you’d like to view.

Here are some of those Mountain View neighborhoods:

More Mountain View CA real estate market data points! Altos Research provides (to us subscribers) all kinds of tools. The chart below is one of them and it’s updated automatically each month (using list prices not sale prices). Check out the Altos Report for ALL of Mountain View at this link, or go there and then navigate to your desired zip code or other area as mentioned above.

Altos Research weekly chart for Mountain View housing market trends

 

Mountain View, CA Altos Real-Time Market Profile

This chart updates in real time, about once a week.

Altos Research Charts: Single Family homes by price quartile

Median List price graphed by quartiles:

Please remember that Altos uses LIST prices. The charts will give you a sense of which price points are the most competitive there.

 

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:

Forty homes for sale in the city of Mountain View would often be considered low inventory, but over the last few years we haven’t seen inventory come anywhere near that level.

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

Please continue reading to see the Mountain View real estate market data for condominiums and townhouses, plus the live Altos Research charts for condos and townhomes.

Mountain View Real Estate: Condo & Townhouse Statistics

We’ll start with the RE Report data again.

The Mountain View condo market is a cooling market, with prices down, days on market up – but inventory has shrunk and most homes are still selling over list price!

Mountain View CA Real Estate Market Trends at a Glance

The Mountain View median home price for townhomes and condos is $1,215,000 – meaning half of them sell for more and half for less this amount.

Trends At a Glance Oct 2022 Previous Month Year-over-Year
Median Price $1,215,000 (-8.0%) $1,320,000 $1,475,000 (-17.6%)
Average Price $1,302,310 (+2.6%) $1,269,320 $1,402,470 (-7.1%)
No. of Sales 16 (-27.3%) 22 30 (-46.7%)
Pending 40 (+14.3%) 35 53 (-24.5%)
Active 49 (+44.1%) 34 25 (+96.0%)
Sale vs. List Price 100.4% (-1.2%) 101.6% 103.3% (-2.8%)
Days on Market 18 (-30.7%) 26 17 (+3.6%)
Days of Inventory 92 (+105.0%) 45 25 (+267.5%)

 

 

Altos Research data for Mountain View:

 

Condos of Mountain View, CA Altos Real-Time Market Profile

The most recent update shows that condos in Mountain View are in a strong seller’s market with a declining market action as some cooling kicks in. Even so, it’s still a strong seller’s market.

Townhouse and condo market in Mountain View: Altos Research Charts

First – a longer view of the housing market in Mountain View.

 

Average days on market:

Again, the days on market for condos, like for houses, appear unruly and unpredictable. They are usually all over the place, and a number of them switched places over time.

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

Inventory:

With inventory rising, we might expect prices to come down. And that’s what is happening. (What we have right now is seasonally normal – for now.)

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

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

Are you interested in buying or selling a home in Mountain View? I work with nice folks all over Santa Clara County and would welcome the opportunity to talk with you about possibly working together – no obligation, no pressure. (I truly dislike pushy people, probably as much as you do.)

 

 

Mountain View, CA homes for sale:

Check out the single family homes for sale in Mountain View, CA

  • List View
  • Map View
  • Grid View

See all Mountain View, California Real Estate.
(all data current as of 12/5/2022)

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

 
 

 

Authors

  • Mary Pope-Handy

    Silicon Valley Realtor, selling homes in Los Gatos, Saratoga, San Jose, Silicon Valley, and nearby since 1993. Prolific blogger with a network of sites.

  • Clair Handy

    Realtor, GREEN | DRE 02153633 | Christie's International Real Estate - Sereno