According to MLS Listings Inc. data there currently are 94 single family homes for sale in Mountain View. 56 homes are active and available to purchase. The remaining 38 homes are under contract. The 38 homes under contract is a positive sign that the Mountain View Market may be picking up.
February sales of single family homes continued to be sluggish in Mountain View with only six homes closing escrow. This is slightly above last years total of four, but far below the 12 years average sales number of 18.
Oddly enough, listings in Mountain View were up. Therefore, February’s slow sales activity can’t be blamed on a lack of inventory. In February, homes located west of El Camino Real had the highest interest.
Click Mountain View Real Estate Update – February 2010 for a detailed 24-month history of home sales activity in Mountain View. Note: all data was taken from our local MLS and is deemed accurate but not guaranteed.
Should you have any questions about your home and/or its value relative to our current market, please contact me directly at 650 917-4250. Thanks for reading.