Mountain View Real Estate Market Update December 2009 – Miramonte Neighborhoods (MLS Area 209)
The Multiple Listing Service area 209 consists of housing tracts with names like Cuesta Park, Varsity Park, St. Francis Acres, and Gest Ranch. Lots average about 6500 sf and homes average about 1400 sf. Gest Ranch lots and houses are about 1/2 larger. See neighborhood map at bottom of post.
Depending on neighborhood, elementary school aged children would attend schools in the Mountain View/Whisman School District or the Los Altos Elementary School District. Note, there is a buyer’s premium for homes purchased within the Los Altos Elementary School District. Real estate in all of area 209’s neighborhoods is always in high demand and short supply.
According to MLS Listings Inc. data, there currently are 6 active listings for sale in the Mountain View MLS area 209. The most expensive home on the market (priced at $1,994,000) is a 5 bedroom 3+ bath new construction home in the Satake Estates development. This home is yet to be built.
The least expensive home in area 209 is a 3 bedroom 2 bath home in Blossom Valley Estates . It is priced at $1,098,000. Currently there are eight homes under contract in area 209. There prices range from $699,000 – $1,537,000.
Four homes closed escrow in December at an average of 97.5% of the list price. The average days on the market for these homes was 60 days. Note: one house took over 114 days to sell, so the average days on market is a little deceptive.
Click on the link below for a detailed real estate report for the Miramonte neighborhoods of Mountain View.
Mountain View real estate update for the Miramonte neighborhoods – December 2009
MLS Area 209 neighborhoods
