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 October 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

$656,400

$598/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,900(+6.6%)

Key Takeaway

Homes in Mountain View have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Mountain View was $656,400 in October 2024, up 6.6% from last year, and the median price per square foot was $598.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $407.5K$350K
-14.1%
2 $520K$577.5K
+11.1%
3 $630K$723K
+14.8%
4 $757.5K$752.5K
-0.7%
5+ $1.7M$617.5K
-65.2%

Summary: Mountain View housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 65.2%.

Median Sold Price Compared To Nearby Neighborhoods

Mountain View
+6.6%
Lincoln Park
+2.2%
Mount Hope
+1.7%

Housing Supply in Mountain View, CA

How many homes are available in Mountain View, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2227+22.7%

Summary: The Mountain View real estate market had 27 homes for sale in October 2024, a 22.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 66
0.0%
3 1112
+9.1%
4 22
0.0%
5+ 24
+100.0%

Summary: The Mountain View housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mountain View in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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

Oct 2023Oct 2024CHANGE
30 Days34 Days+15.2%

Summary: Homes in Mountain View had an average of 34 days on market in Oct 2024, up by 15.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

Summary: During October 2024, 5 homes were sold in Mountain View; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Mountain View, CA

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