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Mountain View, Ca. Condo/Townhome Market Update 01-25-09
Mountain View, Ca. Condo Market Update 01-25-09
 
As of today, here is a snapshot of the condo market in Mountain View:
 
•62     Active Listings
•28     Pending Sales
•2        closed sales in last week
 
What does this mean?  Well, there has been another big jump this week in pending sales. Last week there were 61 active sales, and 19 pending sales. The active sales only increased by 1, but the pending sales went up by 9. Not only that, but we are very close to the 1-2 ratio of active to pending sales that I think will stop the bleeding of home sale price decreases and if continues may portend an increase in sales, at least at the lower end. However, this only 2 weeks, so it is too early to see if this is a trend.
 
 
If you are interested in finding the final selling price of any home, anywhere, you can do it on my web site. Go to www.marcymoyer.com and click on Cyberhome Home
Valuation. You can then type in any address and get the county records.
 
If you need anything else please feel free to contact me. I am here to help ... more

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