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 buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Mountain View was a Seller's Market.

Key Takeaway

Mountain View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mountain View, CA

How much do homes in Mountain View, CA cost?

Median Sold Price

$665,000

$587/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$56,000(+9.2%)

Key Takeaway

Homes in Mountain View have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Mountain View was $665,000 in September 2024, up 9.2% from last year, and the median price per square foot was $587.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $415K$350K
-15.7%
2 $530K$577.5K
+9.0%
3 $630K$722.5K
+14.7%
4 $785K$752.5K
-4.1%
5+ $604K$862.5K
+42.8%

Summary: Mountain View housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 42.8%.

Median Sold Price Compared To Nearby Neighborhoods

Mountain View
+9.2%
Mount Hope
+2.4%

Housing Supply in Mountain View, CA

How many homes are available in Mountain View, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
27270.0%

Summary: The Mountain View real estate market had 27 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 33
0.0%
2 88
0.0%
3 1212
0.0%
4 22
0.0%
5+ 22
0.0%

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

Number of Homes Sold

Aug 2024Sep 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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 could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Mountain View in September 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Sep 2023Sep 2024CHANGE
17 Days14 Days-16.2%

Summary: Homes in Mountain View had an average of 14 days on market in Sep 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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.

Summary: During September 2024, 3 homes were sold in Mountain View; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in Mountain View, CA

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