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July 04, 2007

Mountain View, CA Market Update for May 2007

Here are the latest real estate market statistics for Mountain View, CA  area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 18.0%*

Average April 2007 May 2007 % Change
Asking Price $820,945 $775,582 -5.5%
Sales Price $861,732 $803,759 -6.7%
% of Asking Price 105% 104% -1.0%
$/SQFT $575 $548 -4.7%
Days on Market 30 34 13.3%
Total Transactions 45 29 -35.6%

Search for homes in Mountain View, CA and read a neighborhood overview of the Mountain View, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/27/2007: 89 properties on the market with 16 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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