Is Mountain View, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain View is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Mountain View, CA cost?

Median Sold Price

$1,748,125

$1,128/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$41,982(+2.5%)

Key Takeaway

Homes in Mountain View have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $611K$650K
+6.4%
2 $1.1M$1.1M
+7.1%
3 $1.7M$1.9M
+8.2%
4 $2.5M$2.6M
+2.0%
5+ $3.4M$3.5M
+3.7%

Median Sold Price Compared To Nearby Cities

Sunnyvale
+10.0%
Los Altos
+5.9%
Palo Alto
+3.5%
Mountain View
+2.5%

How many homes are available in Mountain View, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
11593-19.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 98
-11.1%
2 4233
-21.4%
3 3931
-20.5%
4 2018
-10.0%
5+ 53
-40.0%

Number of Homes Sold

Oct 2022Nov 2022%
3227-15.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain View, you may be able to get a good deal. 48% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days31 Days+32.2%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mountain View are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Mountain View, CA

Mountain View, CA has 93 homes for sale to choose from. In November 2022 in Mountain View, CA there were 19.1% less homes for sale than in October 2022. In November 2022 median list price was $1,748,125 and the average listing age was 31 days. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 6.4%, the cost of 2 bedrooms properties went up by 7.1%, the cost of 3 bedrooms properties went up by 8.2%, prices of 4 bedrooms properties increased by 2%, the cost of 5 bedrooms properties went up by 3.7%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 11.1%, volume of 2 bedrooms homes went down by 21.4%, 3 bedrooms homes inventory decreased by 20.5%, the quantity of 4 bedrooms homes went down by 10%, 5 bedrooms homes inventory decreased by 40%. In November 2022, from all listings sold in Mountain View, CA there were more than 10 sold above asking price, over 12 sold below and more than 3 were sold right at the asked price.

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