Single family homes--
71 homes for sale
12 pending sales
4 closed sales the previous week
Condo/Town homes--
70 for sale
20 pending sales
2 closed sales the previous week
What does this mean?
First of all, there are a lot of homes for sale in Mountain View. Traditionally this area has more condo/town homes for sale as opposed to single family homes. 70 is not a huge number for condos, but it really 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 that less expensive condos are easier to sell because money is easy and cheaper to get for these sales.
I am an expert on the Mountain View market, so if you have any real estate questions or needs, please feel free to contact me.
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