Category Archives: Mountain View Housing

Jan. 2015 – Mountain View Home Sales Climb Selling 114% of the List Price

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

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?

Mountain View Increases Impact Fees

Courtesy SILVAR

The Mountain View City Council voted to increase fees on new rental, office, high-tech, and industrial development, but made no change to fees on new ownership housing. In making its decision, the council discussed the serious lack of available ownership housing in Mountain View and the need to keep ownership an attractive option for developers. The City dedicates these fees to funding Mountain View’s affordable housing programs. Continue reading