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 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 condo market.
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