Mountain View CA real estate market trends and statistics

Mountain View real estate market trends - by Mary Pope-Handy and Clair Handy - blue house with wordsThe Mountain View CA real estate market was a strong market and continued heating up, even breaking some recent records!

Quick summary on the realty market in Mountain View, CA

  • Just 12 sales of houses / single family homes in March – this may be wonky due to the low number
  • The average sale price for houses is down month over month but up 9.8% year-over-year.
  • The median sale price is down monthly and annually
  • Days on market shrunk from 25 to just 9, making it a “VERY hot market”
  • The sales to list price ratio slipped a little but is still quite high at 111.3%
  • The condo market is also fairly strong, though the prices have softened a little

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.

 

Trends At a GlanceMar 2024Previous MonthYear-over-Year
Median Price$2,521,000 (-1.5%)$2,560,000$2,595,000 (-2.9%)
Average Price$2,691,250 (-5.0%)$2,831,430$2,451,000 (+9.8%)
No. of Sales12 (+71.4%)7(+100.0%)
Pending27 (+170.0%)10(+200.0%)
Active20 (+11.1%)1812 (+66.7%)
Sale vs. List Price111.3% (-1.1%)112.6%109.9% (+1.3%)
Days on Market(-65.4%)2516 (-45.9%)
Days of Inventory50 (-30.6%)7260 (-16.7%)

 

 

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

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