Sunday, March 8, 2009

Mountain View Market Update, March 7: Single Family Homes

Here's today's snapshot of the Mountain View single family home market--

91 active listings
17 pending sales
2 closed sales this month

What does this mean? There hasn't been much change in inventory this month. Active listings are up by 3 and pending sales are down 1 in the last 2 weeks. The ratio of pending to active is 1 to 5--at the beginning of Feb. the ratio was 1 to 6 (pending to active). If inventory continues to increase without a similar increase in pending sales we will see more softening in the market.

If you're interested in finding the final selling price of any home, anywhere, you can do it on my website. Go to www.marcymoyer.com and click on Cyberhome Home Valuation. You can then type in any address next to the search icon to get the county records.

If you need anything else, please contact me. I'm here to help you. 

Marcy Moyer, Intero Real Estate
marcy@marcymoyer.com
650-619-9285

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