Area 209 (Mountain View) is Selling Better Than Area 51 (Nevada Desert)… I Think!

By
Real Estate Agent with Coldwell Banker - Downtown Los Altos Office

As we all rush out to get those last minute gifts for family and friends (only 5 more shopping days until Christmas!), lets take one last area-51.jpglook at the year end sales figures for one of my favorite areas of Mountain View - Area 209. 

Not to be confused with Area 51 in the Nevada Desert (see photo to the right), Area 209 (as it is defined by our local multiple listing service) is a series of smaller neighborhoods located west of El Camino Real in Mountain View (see map below).  

map-of-209.jpgArea 209 consists of tracts with names like Blackfield, Cuesta Park, Varsity Park, the Todd/Gilmore area, and the Trees (unofficially named that way because the streets are named after trees).  Lots average about 6500 sf and homes average about 1400 sf.  There are several streets where both the homes and the lots are either larger or smaller than the average.  Depending on neighborhood, elementary school aged children would attend schools in the Mountain View/Whisman School District or the Los Altos Elementary School District.  Note, there is a buyer's premium for homes purchased within the Los Altos Elementary School District.  Real estate in all of area 209's neighborhoods is always in high demand and short supply.  

Currently there only three homes for sale in area 209.  The most expensive home (priced at $1,149,000) is a 3 bedroom 2 bath remodeled home on a 6500 sf lot. It is located within the Los Altos School District.  The least expensive home is a 3 bedroom 2 bath home on a substandard sized lot (approx. 4,000 sf).  It is priced at $959,000.   Currently 7 homes are under contract in area 209, ranging in price from $900,000 - $1,998,000.

I've detailed the last two years of sales activity for area 209 in the graphs below.  Due to a small sample set (only 75-85 homes sell each year in area 209) it is hard to determine a clear trend.  But due to low inventory and high demand, the market is still active and slightly favors sellers.  Appreciation continues to be relatively strong as well.  Most sellers of homes within the Los Altos school district neighborhoods of area 209 continue to received multiple offers.    Take a look and see for yourself.  All statistics taken directly from our local multiple listing service - MLSListings.com 

Note: I could not verify any single family sales within area 51!

2006-stats-area-209.jpg

2007-stats-area-209.jpg

2006-avemed-sales-prices.jpg

2007-avemed-sales-prices209.jpg

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
California Santa Clara County Mountain View Miramonte Avenue
Tags:
home sales
statistics
maps
graphs
sales
median sales
average sales
mountain view real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
85,510
Lance Winslow
The Car Wash Guy - Malibu, CA
Yes, but the Aliens have a stronger currency, at least that is what the folks at Coast-to-Coast AM tell us? - Lance
Dec 29, 2007 03:00 PM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
16,143

David Blockhus

Los Altos Realtor and Silicon Valley Real Estate Pro
Ask me a question
*
*
*
*
Spam prevention