91 Active listings 22 Pending sales 4 Closed sales this month
What does this mean? There has not been much change in inventory this week, either in active listings or pending sales. The single family home market continues to be weaker than the condo market, but that is to be expected since most of the sales activity in the Silicon Valley is happening under 500K.
If you are interested in finding the final (0 comments)
As of today here is a snapshot of the Mountain View inventory of homes:
Single Family Homes:
64 active Listings 7 Pending Sales 3 closed sale in the last 7 days
Condos/Town homes:
60 Active Listings 17 pending sales 1 closed sale in last 7 days
So what does this mean? Not too much. There would normally not be too many closed sales at the end of the year because of the holidays. The condo market is still better than the single family home market with a significantly better (2 comments)
As of this morning this is the Mt. View market activity
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 the 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 (0 comments)
As of Dec 8, 2008 the Mountain View market looked like this: Single family homes:
71 homes for sale 12 pending sales 4 closed sales in the previous week
Condo/Town homes
70 for sale 20 pending sales 2 closed sales in the previous week
What does this mean?
First of all there are a lot of homes for sale in Mountain View, which traditionally has more condo/town homes for sale at any given time because there are a lot more of those than single family homes. 70 is not a huge number for condos, (0 comments)