Is Mountain View, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mountain View has remained a Seller's Market.
Housing Prices in Mountain View, CA
How much do homes in Mountain View, CA cost?
Median Sold Price
$1,800,000
$1,150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mountain View was $1,800,000 in March 2024, up 4.7% from last year, and the median price per square foot was $1,150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $630K | $595.5K | -5.5% |
2 Bedrooms | $1.1M | $1.2M | +4.3% |
3 Bedrooms | $1.8M | $1.9M | +4.5% |
4 Bedrooms | $2.6M | $2.9M | +11.9% |
5+ Bedrooms | $3.4M | $3.7M | +7.2% |
Summary: Mountain View housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in Mountain View, CA
How many homes are available in Mountain View, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
97 | 123 | +26.8% |
Summary: The Mountain View real estate market had 123 homes for sale in March 2024, a 26.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 15 | +66.7% |
2 Bedrooms | 27 | 32 | +18.5% |
3 Bedrooms | 38 | 47 | +23.7% |
4 Bedrooms | 16 | 22 | +37.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Mountain View housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 33 | +26.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Mountain View in March 2024, up by 26.9% month-over-month. Of the 31 sold homes, 13% were sold under asking, 10% were sold at asking, and 77% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 12 Days | -47.5% |
Summary: Homes in Mountain View had an average of 12 days on market in Mar 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 33 homes were sold in Mountain View; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.