Mountain View Market Update, Jan 17th: Condos and Town Houses

Here's today's snapshot of the condo market in Mountain View--

61 active listings

19 pending sales

2 closed sales in last week

What does this mean? First of all, there's been a huge jump this week in pending sales. Last week there were 58 active sales, and 9 pending sales. The active sales only increased by 3, but pending sales skyrocketed up by 10. Not only that, but we're very close to the 1-3 ratio of active to pending sales that I think will stop the bleeding of home sale price decreases. However, this is only one week--so it's still to early to decide if this is the start of a trend.

If you are interested in finding the final selling price of any home, anywhere, you can do it on my website. Click here to get to the site. Once there, type in Cyberhome Home Valuation. You can then type in any address to get the county records. 

Please contact me if you have any questions whatsoever. I am always here to help.

Marcy Moyer Intero Real Estate

marcy@marcymoyer.com

650-619-9285