Mountain View Real Estate Market Update April 2011 – Miramonte Neighborhoods (MLS Area 209)
According to MLS Listings Inc. data, there currently are 15 homes for sale in the Mountain View MLS area 209. Eight are active listings and the other seven are under contract. The most expensive home on the market (at $1,825,000.) is the sole home remaining in the Satake Estates development.
The least expensive home ($850,000) is a small 3 bedroom 2 bath home on Cuesta (directly across from Cuesta Park).
Sixteen homes closed escrow in April at an average of 100.86% of the list price. The average days on the market for these homes was 23 days. Note: one house took over 108 days to sell, so the average days on market is a little skewed. So what does this all mean?
In short, the market in this desirable west of El Camino neighborhood is picking up and properties are selling rather briskly. Relative to the prior three year’s, the market appears to be much stronger. However, take that with a grain of salt because properties in these neighborhoods don’t turn over that much thereby making the sample size is small.
Click Miramonte neighborhoods market update – April 2011 for a detailed 24-month history of home sales activity in the Miramonte neighborhood’s of Mountain View.
Are you curious to know what the homes sold for?
Click on Miramonte neighborhoods residential market update – April 2011 for details (address, sales price, size etc.) on the 16 properties that closed escrow in April in the Miramonte neighborhoods of Mountain View. Note: all data was taken from our local MLS and is deemed accurate but not guaranteed.
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Should you have any questions about the value of you home in today’s market, please contact me directly at 650 917-4250 for a confidential conversation.
