Is Mountain View, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Mountain View has remained a Seller's Market.
Key Takeaway
Mountain View is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mountain View, CA
How much do homes in Mountain View, CA cost?
Median Sold Price
$1,805,000
$1,166/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Mountain View have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Mountain View was $1,805,000 in June 2024, up 5.8% from last year, and the median price per square foot was $1,166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $601K | $616.9K | +2.7% |
| 2 Bedrooms | $1.1M | $1.1M | +6.3% |
| 3 Bedrooms | $1.8M | $2.0M | +10.1% |
| 4 Bedrooms | $2.6M | $2.8M | +5.7% |
| 5+ Bedrooms | $3.6M | $3.7M | +1.9% |
Summary: Mountain View housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in Mountain View, CA
How many homes are available in Mountain View, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 155 | 139 | -10.3% |
Summary: The Mountain View real estate market had 139 homes for sale in June 2024, a 10.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 11 | -26.7% |
| 2 Bedrooms | 45 | 43 | -4.4% |
| 3 Bedrooms | 62 | 55 | -11.3% |
| 4 Bedrooms | 27 | 22 | -18.5% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Mountain View housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 26.7%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 70 | 60 | -14.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mountain View, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in Mountain View in June 2024, down by 14.3% month-over-month. Of the 56 sold homes, 29% were sold under asking, 9% were sold at asking, and 63% were sold over asking.
Days on Market for Mountain View, CA
How long does it take to sell a home in Mountain View, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 14 Days | 19 Days | +35.4% |
Summary: Homes in Mountain View had an average of 19 days on market in Jun 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mountain View are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 60 homes were sold in Mountain View; 78% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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