Mountain View, CA Real Estate News

By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Condo/Townhome Home Market Update 03-29-09 As of today this is the snapshot of the Mountain View condo/town home market:   83 Active listings 27 Pending sales 10  Closed sales this month   What does this mean? There has not been an increase  in inventory this month, with 83  active listings  instead of in the high 60's. The ratio of pending sales to active listings is holding at about 2.5 to 1. There are 37 listings under $500,000 and 21 pending sales in this price range and only 6 pending sales over 550K with the highest one being $629K at the new development Gables End. This is pretty consistent throughout the bay area with most of sales happening under 550K.     If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site....
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Condo/Town Home Market Update 03-14-09   As of today this is the snapshot of the Mountain View Condo/Town Home Market   •75    Active listings 22 Pending sales 6  Closed sale this month   What does this mean? There has not been much increase in inventory this week. Active listings are up by 1 and pending sales are down by 1 in the last week. The ratio of pending to active is about 1 to 3 ratio which is not too bad.  Unless this changes the market should stay fairly stable at soft but not horrible. Buyers are very price sensitive, but at least there is money available for loans and the banks will hopefully slow down on the foreclosure spree, which has not hit Mountain View too hard thankfully.   If you are interested in finding the final selling price of any home, anywhere,...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Single Family Home Market Update 03-14-09 As of today this is the snapshot of the Palo Alto single family home market:   91 Active listings 22 Pending sales 4   Closed sales this month   What does this mean? There has not been much change in inventory this week, either in active listings or pending sales.  The single family home market continues to be weaker than the condo market, but that is to be expected since most of the sales activity in the Silicon Valley is happening under 500K.        If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.   If you need anything els...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Condo/Town Home Market Update 03-07-09   As of today this is the snapshot of the Mountain View Condo/Town Home Market   •74    Active listings 23 Pending sales 1 Closed sale this month   What does this mean? There has not been some increase in inventory this month. Active listings are up by 8 and pending sales are up by 7 in the last 3 weeks. The ratio of pending to active is about 1 to 3 ratio which is not too bad.  Unless this changes the market should stay fairly stable at soft but not horrible.     If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon and get the county records.   If you need an...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Single Family Home Market Update 03-07-09   As of today this is the snapshot of the Mountain View single family home market:   •91    Active listings 17 Pending sales 2 Closed sales this month   What does this mean? There has not been much change in inventory this month. Active listings are up by 3 and pending sales are down by 1 in the last 2 weeks. The ratio of pending to active is   1 to 5 ratio when the ratio at the beginning of the Feb. was about 1 to 6 pending to active. if inventory continues to increase without a similar increase in pendings we will see more softening in the market.     If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can...
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By David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro
(Coldwell Banker - Downtown Los Altos Office)
The Mountain View Whisman School district receives the core of its financing based on the average daily attendance of it's students.  In short, it is a Revenue Limit funded district.  Revenue limit income is a combination of local property taxes and state money.  As property taxes increase, they are offset by a reduction in state money.  A district that relies solely on local taxes becomes a basic aid funded school district (ie. Palo Alto Unified).  For further information, read the Guide to California's School Finance System and/or California's school finance system. In the video below, Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District, discusses the district's finances, parcel taxes and foundation monies. 
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By David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro
(Coldwell Banker - Downtown Los Altos Office)
In part two of the Magical Mystery (bus) Tour of the Mountain View Whisman School District (MVWSD),  Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District, shares his thoughts about the district's core values.  It's these core values of (1) academic excellence, (2) a strong collaborative community and (3) a broad world view that make the MVWSD so successful! Note: I took this video a few months ago (fall 2008).  The Mountain View Whisman School District was hosting a morning event designed to inform local Realtors about the benefits of the MVWSD and the Mountain View Educational Foundation (MVEF).    According to the MVEF web site, "the MVEF provides financial support for essential enrichment programs and educational materials district wide, for which not ...
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By David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro
(Coldwell Banker - Downtown Los Altos Office)
The Multiple Listing Service is the most reliable source of local real estate market information.  The following information was take from our local MLS provider (ProMLSlistings.com) and is deemed reliable but not guaranteed.   There are currently are 91 single family homes for sale in Mountain View.  Of these, 14 are under contract.  Therefore, 77 homes don't have buyers.  At the current rate of absorption, we have over 6 months of inventory. Below is the annual listing and sales activity for single family homes in Mountain View for each year since 1998.  As one can tell, sales numbers are down substantially from the 11 year average of 340 by 105 homes or 30%.  The number of homes listed is also down but not as drastically.  They are down slightly from the 11 year average (452) by 35 h...
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By David Blockhus, Los Altos Realtor and Silicon Valley Real Estate Pro
(Coldwell Banker - Downtown Los Altos Office)
I was fortunate to attend the Magical Mystery (bus) Tour of the Mountain View Whisman School District.  Below is one (of many) video clips taken during a morning tour of the district.  Our tour guide was Dr. Maurice Ghysels, the Superintendent of the Mountain View Whisman School District.  In this video, he shares some of his thoughts about Crittenden Middle School. Note: I took this video a few months ago (fall 2008).  The Mountain View Whisman School District was hosting a morning event designed to inform local Realtors about the benefits of the MVWSD and the Mountain View Educational Foundation (MVEF).   According to the MVEF web site, "the MVEF provides financial support for essential enrichment programs and educational materials district wide, for which not other funding source exi...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Single Family Home Market Update 01-25-09   As of today this is the snapshot of the Mountain View single family home market:   •65    Active listings •12    Pending sales 2    Closed sale in last week   What does this mean? There has not been much change since last week. Active listings are up  by 3 and pending sales are the same. The ratio of pending to active is still not very healthy with over a 1-4 number, but the sky is not falling either.     If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address and get the county records.   If you need anything else please feel free to contact me. I am here to help you.   Marcy Moye...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View, Ca. Condo Market Update 01-25-09   As of today, here is a snapshot of the condo market in Mountain View:   •62     Active Listings •28     Pending Sales •2        closed sales in last week   What does this mean?  Well, there has been another big jump this week in pending sales. Last week there were 61 active sales, and 19 pending sales. The active sales only increased by 1, but the pending sales went up by 9. Not only that, but we are very close to the 1-2 ratio of active to pending sales that I think will stop the bleeding of home sale price decreases and if continues may portend an increase in sales, at least at the lower end. However, this only 2 weeks, so it is too early to see if this is a trend.     If you are interested in finding the final selling price of any hom...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View, Ca. Condo Market Update 01-17-09   As of today, here is a snapshot of the condo market in Mountain View:   •61    Active Listings •19    Pending Sales •2        closed sales in last week   What does this mean?  Well, there has been a big jump this week in pending sales. Last week there were 58 active sales, and 9 pending sales. The active sales only increased by 3, but the pending sales went up by 10. Not only that, but we are very close to the 1-3 ratio of active to pending sales that I think will stop the bleeding of home sale price decreases. However, this only one week, so it is too early to see if this is a trend.     If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyb...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Single Family Home Market Update 01-17-09   As of today this is the snapshot of the Mountain View single family home market:   •61    Active listings •12    Pending sales 1 closed sale in last week   What does this mean? There has not been much change since last week. Active listings are down by 2 and pending sales are up by 2. Not enough for me to say the market is turning around, but at least this week it is not getting worse.     If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then typed in any address and get the county records.   If you need anything else please feel free to contact me. I am here to help you.   Marcy Moyer Intero Real E...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View, Ca. Single Family Home Market Update 01-09-09   As of this evening this is a snapshot of the Mountain View single family home market:   63 Active listings 10 Pending sales 2 closed sales in the last week     What does mean?  We are probably at the bottom of inventory for a while. The number of homes for sale should increase over the next few months, whether the market is good or bad. The thing to watch is will be, is the inventory of homes over 80 active listings, and how are the pending sales going? Even if the active sales stay under 70, if the pending sales do not go up to at least 3 active for every pending listings we will see some more price decreases. If we can get up to 3 to1 we won't see much change in prices. If we go better than 3 to 1 we will see appreciation....
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View, Ca. Market Update 01-09-09   As of this evening, here is the snapshot got the Mountain View condo/town home real estate market:   •58    Active Listings •9        Pending Sales 0    Closed sales in the last week     What does mean?  We are probably at the bottom of inventory for a while. The number of condos for sale should increase over the next few months, whether the market is good or bad. The thing to watch is will be, is the inventory of condos over 90 active listings, and how are the pending sales going? Even if the active sales stay under 70, if the pending sales do not go up to at least 3 active for every pending listings we will see some more price decreases. If we can get up to 3 to1 we won't see much change in prices. If we go to better than 3 to 1 we will see ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Market Update 01-02-09   As of this morning this is the snapshot of the Mountain View real estate market   Single family homes:   Active listings:  57 Pending sales:   9 Sold last week: 1   Condos/town homes   Active listings:   57 Pending sales:    12 Sold last week:   4     So what does this mean? Not too much. There would normally not be too many closed sales at the end of the year because of the holidays. The condo market and the single family home market have a similar ratio of pending to active listings, although it is a little better for single family homes. The results may be a little off though because there are more new condo/town homes on the market than single family homes, so these numbers are not an exact picture since not every new home in a development is o...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Ten Reasons to Love Mountain View   Schools, Schools, Schools! Like Palo Alto, Mountain View has excellent schools. The Whisman School District is renowned for challenging academics that encourage students to reach their highest potential. Several magnet programs are offered throughout the district, including opportunities for dual language immersion. All schools are equipped with cutting-edge technology. Students consistently achieve some of the highest average test scores in the nation. Making the choice to raise your child in Mountain View guarantees a they'll get a good education, and it also reinforces the property value of your home--houses in good school districts are always better investments. Castro Street. This downtown Mountain View centerpiece was designed with leisure in mi...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Ca. Market Update 12-26-08   As of today here is a snapshot of the Mountain View inventory of homes:   Single Family Homes:   64  active Listings 7  Pending Sales 3  closed sale in the last 7 days   Condos/Town homes:   60 Active Listings 17 pending sales 1 closed sale in last 7 days   So what does this mean? Not too much. There would normally not be too many closed sales at the end of the year because of the holidays. The condo market is still better than the single family home market with a significantly better ratio of pending to active listings in condos than single family homes. The inventory of both classes is shrinking, but that is to be expected as most sellers do not put their homes on the market at this time of year, preferring to wait until after the New Year. I...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Mountain View Market Update 12/17/08   As of this morning this is the Mt. View market activity   Single family homes:   71 Active Sales 11 Pending Sales 2 closed sales in last week   Condos/Town homes   65 Active Sales 17 Pending Sales 3 closed sales in the last week   So, the single family home market continues to be very slow in Mountain View.  The ratio of 11 pending homes to 71 active sales is similar to last week, with the number of active homes extremely high for Mountain View.   Condo/Town home sales continue to outpace single family home sales. The ration of pending to active is much healthier than the single family homes ratio.  There is such a difference between conforming loan rates and jumbo loan rates that it may be why there is so much more activity in the lower costing co...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  As of Dec 8, 2008 the Mountain View market looked like this: Single family homes:   71 homes for sale 12 pending sales 4 closed sales in the previous week     Condo/Town homes   70 for sale 20 pending sales 2 closed sales in the previous week   What does this mean?   First of all there are a lot of homes for sale in Mountain View, which traditionally has more condo/town homes for sale at any given time because there are a lot more of those than single family homes. 70 is not a huge number for condos, but it is for single family homes. The ration of single family homes for sale to pending sales also shows a lot of softness in the market. For condos, the ratio is better. I would attribute this to the fact the less expensive condos are easier to sell because money is easy and cheaper to ...
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