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)
The market is hot in Mountain View, inventory is down to almost nothing, homes get multiple offers, and Mountain View home sellers are in the driver's seat. So Does this mean it is ok to just put a home on the market in any condition and you will get offers 20-30% over list price? Unfortunately not always.  While it is true that there is a lot of cash out in the world, assuming that you will have multiple excellent cash offers to chose from when selling your Mountain View home is not always the case. I recently listed a home that had 12 offers, and not one was all cash. Very often cash offers are not the best offers. Many investors as well as end users feel if they are going to pay cash they want something back, that is a lower price. A financed offer may be the best or sometimes only o...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
  Anyone trying to buy a condo in Moutain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View condos sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay? The good news is that as you can see from the above chart prices are not going as far over list price as earlier in the year, but it is still a challenge. The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc. But for right now, let's just discuss price. Here are some things to keep in m...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
Condo/Townhome Sales in Mountain View, CA for November 2013* 33 Condo/Townhomes sold in Mountain View, CA November 2013 Mountain View Condo/Townhouses by the numbers 3 Condo/Townhomes sold for 1M or over 9 Condo/Town homes sold for more than $750,000 but less than 1M 14 Condo/Town homes sold for over $500,000 but less than $750,000 7 Condo/Town homes sold for under $500,000 Highest price sold: $1,200,000 Lowest price sold: $ 310,000    33 Condo/Townhomes Sold in All Mountain View, CA Zip Codes November 2013 Average List Price: $644,000 Average Sales Price: $687,000 Average Sales price is 7% over the list price Median Sales Price: $690,000 Average days on market: 17 days    11 Condo/Townhomes sold in Mountain View, CA Zip Code 94040 November 2013 Average List Price: $644,000 Average Sale...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
Single Family Home Sales in Mountain View, CA for November 2013*   By the numbers 23 Single Family Home sold in Mountain View, CA November 2013 3 homes sold for 2M or over 7 homes sold for 1.5M but less than 2M 12 homes sold for over a 1M but less than 1.5M  1 home sold for under a 1M Highest price sold: $2,530,123 Lowest price sold: $ 635,000    23 Single Family Homes Sold in All Mountain View, CA Zip Codes November 2013 Average List Price: $1,345,000 Average Sales Price: $1,452,000 Average Sales price is 8% over the list price Median Sales Price: $1,350,000 Average days on market: 16 days   14 Single Family Homes sold in Mountain View, CA Zip Code 94040 November 2013 Average List Price: $1,468,000 Average Sales Price: $1,541,000 Average Sales price is 5% over the list price Median Sal...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
38 Condos/Townhomes were sold in Mountain View, CA October 2013* 2 Condo/Townhomes sold for 1M or over 10 Condo/Townhomes sold for more than $750,000 but less than 1M 18 Condo/Townhomes sold for over more than $500,000 but less than $750,000 8 Condo/Townhomes sold for under $500,000 Highest price sold: $1,300,000 Lowest price sold: $ 395,000    38 Condos/Townhomes sold in All Mountain View, CA Zip Codes October 2013 Average List Price: $637,000 Average Sales Price: $673,000 Average Sales price was 6% over the list price Median Sales Price: $700,000 Average days on market: 12 days   16 Condos/Townhomes sold in Mountain View, CA Zip Code 94040 October 2013 Average List Price: $690,000 Average Sales Price: $738,000 Average Sales price was 7% over the list price Median Sales Price: $697,000...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
I know what you are thinking, I am going to wait till after the first of the year or the spring to sell my Mountain View home. It would be stupid to list a home during the holidays, no one does that. Or no one is looking for a home during the holidays. - I need to respectfully disagree with those sentiments. I believe December is a great month to sell a home in Mountain View, especially right after Christmas. Here are the reasons I think selling  a Mountain View home on Dec 26th this year is a great idea. 1. The inventory has never been lower. As of today there are only 7 homes for sale in Mountain View. A buyer's market doesn't even happen until there are over 50 homes for sale. List this month and you will have no compettion. 2. There are many people who are planning on moving to Moun...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
General Facts about 30 Single Family Home sold in Mountain View, CA October 2013 4 homes sold for 2M or over 9 homes sold for 1.5M but less than 2M 11 homes sold for over a 1M but less than 1.5M  6 homes sold for under a 1M Highest price sold: $2,450,000 Lowest price sold: $ 685,000    30 Single Family Homes Sold in All Mountain View, CA Zip Codes October 2013 Average List Price: $1,369,000 Average Sales Price: $1,422,000 Average Sales price is 4% over the list price Median Sales Price: $1,447,500 Average days on market: 19 days   Single Family Homes sold in Mountain View, CA Zip Code 94040 October 2013 18 Single Family Home were sold in Mountain View, CA 94040  Average List Price: $1,560,000 Average Sales Price: $1,628,000 Average Sales price is 4% over the list price Median Sales Pric...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
28 Condos/Townhouses were sold in Mountain View, CA September 2013* 4 Condos/Townhouses sold for over 1M 4 Condos/Townhouses sold for over $750,000 but less than 1M 15 Condos/Townhouses sold between $500,000 and $750,000 7 Condos/Townhouses sold for under a $500,000 Highest price sold: $1,160,000 Lowest price sold: $ 405,000 Average List Price: $638,000 Average Sales Price: $684,000 Average Sales price was 9% over the list price Median Sales Price: $ 634,000 Average days on market: 15 days   12 Condos/Townhouses sold in Mountain View, CA Zip Code 94040 in September 2013 Average List Price: $689,000 Average Sales Price: $745,000 Average Sales price was 8% over the list price Median Sales Price: $652,500 Average days on market:  12 days   1 Condos/Townhouses sold in Mountain View, CA Zip ...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
There are currently 15 single family Mountain View homes for sale,  down from 16 last week. There are currently 20 Mountain View town homes/condos for sale,  down from 23 last week. There are currently 36 pending sales of Mountain View single family homes,  up from 32 last week. There are currently 26 pending sales of Mountain View Town homes/Condos, down from 34 last week.   In Sept 2013 there were 22 single family Mountain View homes sold ranging in price from $635,000 to $2,318,000. This does not include sales in the new development in Waverley Park. The lowest price sale is down over 100K from July, but in an industrial neighborhood. The lowest price single family home in a residential neighborhood was $704,000. Down $146,000 from the lowest price in August. In September, 2013  ther...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
22 Single Family Home were sold in Mountain View, CA September 2013* 3 homes sold for 2M or over 2 homes sold for over 1.5M but under 2M 12 homes sold for over a 1M but under 1.5M  5 homes sold for under a 1M Highest price sold: $2,138,000 Lowest price sold: $ 635,000    Single Family Homes Sold in All Mountain View Zip Codes Average List Price: $1,162,000 Average Sales Price: $1,266,000 Average Sales price is 9% over the list price Median Sales Price: $1,075,000 Average days on market: 27 days   Single Family Homes sold in Mountain View, CA Zip Code 94040 17 Single Family Home were sold in Mountain View, CA 94040 September 2013 Average List Price: $1,498,000 Average Sales Price: $1,626,000 Average Sales price is 9% over the list price Median Sales Price: $1,660,000 Average days on mark...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
There are currently 16 single family Mountain View homes for sale,  up from 13 last week. There are currently 23 Mountain View town homes/condos for sale,  up from 19 last week. There are currently 32 pending sales of Mountain View single family homes,  up from 31 last week. There are currently 34 pending sales of Mountain View Town homes/Condos, the same as last week.   In Sept 2013 there were 22 single family Mountain View homes sold ranging in price from $635,000 to $2,318,000. This does not include sales in the new development in Waverley Park. The lowest price sale is down over 100K from July, but in an industrial neighborhood. The lowest price single family home in a residential neighborhood was $704,000. Down $146,000 from the lowest price in August. In September, 2013  there wer...
Comments 0
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Anyone trying to buy a condo in Moutain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View condos sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay? The good news is that as you can see from the above chart prices are not going as far over list price as earlier in the year, but it is still a challenge. The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc. But for right now, let's just discuss price. Here are some things to keep in min...
Comments 3
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
There are currently 13 single family Mountain View homes for sale,  down from 15 last week. There are currently 19 Mountain View town homes/condos for sale,  up from 18 last week. There are currently 31 pending sales of Mountain View single family homes,  up from 24 last week. There are currently 34 pending sales of Mountain View Town homes/Condos, down from 37 last week.   In Sept 2013 there were 22 single family Mountain View homes sold ranging in price from $635,000 to $2,318,000. This does not include sales in the new development in Waverley Park. The lowest price sale is down over 100K from July, but in an industrial neighborhood. The lowest price single family home in a residential neighborhood was $704,000. Down $146,000 from the lowest price in August. In September, 2013  there ...
Comments 1
By Carla Dimond, (Silicon Valley)
(CATARRA)
Glücklich Oktoberfest! At first I thought I may not be the right person to be writing about the Oktoberfest in Mountain View, CA- I am not much of a beer drinker.  I know a few times that when I have gone out with serious beer aficionados they look at me at the same way that serious wine drinkers look at someone who orders a White Zinfandel glass of wine. You know the "You have got to be kidding me, you are going to drinking that!?" look.. I don't order a major light beer at a brew pub but I do favor very light pale beers that most real beer drinks just scoff at.  However after going out tasting beers with real beer drinkers I do have a favorite beer now that is one of the Steins regular tap offerings that real beer drinkers do not snicker at when I order it.  I can see the value in ord...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
There are currently 15 single family Mountain View homes for sale,  down from 20 last week. There are currently 18 Mountain View town homes/condos for sale,  down from 19 last week. There are currently 24 pending sales of Mountain View single family homes,  up from 22 last week. There are currently 37 pending sales of Mountain View Town homes/Condos, up from 35 last week.   In Aug, 2013 there were 29 single family Mountain View homes sold ranging in price from $685,000 to $2,425,000. This does not include sales in the new development in Waverley Park. The lowest price sale is down over 100K from July, but in an industrial neighborhood. The lowest price single family home in a residential neighborhood was the same as in July, $850,000. In June, 2013  there were 28 Mountain View Town Home...
Comments 1
By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
There are currently 20 single family Mountain View homes for sale,  up from 16 last month. There are currently 19 Mountain View town homes/condos for sale,  up from 15 last month. There are currently 22 pending sales of Mountain View single family homes,  down from 37 last month. There are currently 35 pending sales of Mountain View Town homes/Condos, up from 30 last month.   In Aug, 2013 there were 29 single family Mountain View homes sold ranging in price from $685,000 to $2,425,000. This does not include sales in the new development in Waverley Park. The lowest price sale is down over 100K from July, but in an industrial neighborhood. The lowest price single family home in a residential neighborhood was the same as in July, $850,000. In June, 2013  there were 28 Mountain View Town Ho...
Comments 0
By Carla Dimond, (Silicon Valley)
(CATARRA)
29 Single Family Home were sold in Mountain View, CA August 2013* All Zip Codes Average List Price: $1,278,000 Average Sales Price: $1,390,000 Median Price: $1,312,000 On average sold for 9% over list price Average days on market: 14 days   Zip Code 94040 17 Single Family Home were sold in Mountain View, CA 94040 August 2013 Average List Price: $1,498,000 Average Sales Price: $1,626,000 Median Price: $1,660,000 On average sold for 9% over list price Average days on market: 9 days   Zip Code 94041 1 Single Family Home was sold in Mountain View, CA 94041 August 2013 Again only one house sold! List Price: $1,575,000 Sales Price: $1,590,000 Days on market: 6 days   Zip Code 94043 11  Single Family Home were sold in Mountain View, CA 94043 August 2013 Average List Price: $912,000 Average Sal...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
The much anticipated Bay Area Bike Share was launched at the end of August this year.  The Bay Area Bike Share program goes from San Francisco to San Jose. Already FOUR times as many people have signed up for the program than there are bikes.  Membership costs are $88/year, $22 for a 3 day pass or $9 for a daily pass. The Bay Area Bike Share program is intended for short rides. The Bay Area Bike Share is great for the days you are runninng a little late to Caltrain and need to get there sooner. There are currently five Bay Area Bike Share racks in Mountain View, CA right now and two more planned.  Give it a try next time you want to go somewhere that is too far to walk and too close to drive. See you on a Bay Area Bike Share green bike around Mountain View, CA! Current Mountain View, CA...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
28 Condo/Townhouse were sold in Mountain View, CA in August 2013* All Zip codes Average List Price: $653,000 Average Sales Price: $713,000 On Average 9% over listing price Average Days on the Market: 11 Days Most expensive condo sold for $1.3M and was on the market for a "negative" day.... Zip Code 94040 10 Condo/Townhouse were sold in Mountain View, CA 94040 in August 2013 Average List Price: $649,500 Average Sales Price: $706,000 On Average 9% over listing price Average Days on the Market: 9 Days Zip Code 94041 Once again 1 Condo/Townhouse was sold in Mountain View, CA 94041 in August 2013 List Price: $898,000 Sold Price: $920,000  2% over list price Days on Market: 7 days  Zip Code 94043 17 Condo/Townhouse were sold in Mountain View, CA 94043 in August 2013 Average List Price: $641,0...
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By Carla Dimond, (Silicon Valley)
(CATARRA)
  22 Single Family Homes were sold in Mountain View, CA in July 2013* All Zip codes Average List Price: $1,291,000 Average Sales Price: $1,396,000 Average Days on the Market: 16 days Highest Price: $2,450,000 ALL CASH Lowest Price: $685,000 and longest days on market at 134 days 94040 Zip code 12 Single Family Homes were sold in Mountain View, CA 94040 in July 2013 Average List Price: $1,525,000 Average Sales Price: $1,650,000 Average Days on the Market: 9 days 94041 Zip code 1 Single Family Home was sold in Mountain View, CA  94041 in July 2013 Listed for: $1,575,000 Sold for: $1,590,000 Days on the Market: 6 days  94043 Zip code 9 Single Family Homes were sold in Mountain View, CA 94043 in July 2013 Average List Price: $948,000 Average Sales Price: $1036,000 Average Days on the Market...
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