Mountain View Ca Market Update Dec. 8, 2008

By
Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194

 

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, but it is for single family homes. The ration of single family homes for sale to pending sales also shows a lot of softness in the market. For condos, the ratio is better. I would attribute this to the fact the less expensive condos are easier to sell because money is easy and cheaper to get for these sales.

 

I am an expert on the Mountain View market, so if have any real estate questions or needs, please feel free to contact me.

 

Marcy Moyer

Keller Williams Realty

marcy@marcymoyer.com

650-619-9285

www.marcymoyer.com

Posted by

Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties

 

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