The questions that Buyers ask most today are “What price shall I offer in this real estate market?” and “How much above the list price do I need to offer?”
As demand continues to exceed supply, the bidding wars continue. On average, during the month of January, homes in Mountain View Sold for 114% of the List Price.
Jan. 2015 List to Sales Price_Mountain View CA
Here are the highlights of home prices in Mountain View, CA as of January 2015:
- Condo: The average sales price to list price ratio was 107%. Average Sold Price was $666,815.
- Single Family Homes: The average sales price to list price ratio was 114%. Average Sold Price was $1,488,833
- Townhouse: The average sales price to list price ratio was 114%. Average Sold Price was $1,048,750
THINKING OF BUYING OR SELLING A HOME IN MOUNTAIN VIEW?