Mountain View Homes

December 2024

Mountain View, home to Google, is a very desirable community with top schools, convenient access to freeways and CalTrain and a fun downtown area on Castro Street. Click here for more information about Mountain View community and its schools.

Mountain View home values rose by 2.4% during 2024. The annual increase in the median price for Mountain View homes has averaged 6.9% per year (CAGR) since 1998 and has doubled in value over the past 10 years.

Market demand for Mountain View homes remains strong. Average days on market continues at historically low levels. Final sales prices are at historic highs.

The supply of new listings have returned to 2014-2019 levels after a significant jump in 2020-21.

Mountain View homes start at $1M. The above chart shows the distribution single family residences by price range and number of bedrooms. 

The above chart shows both the distribution of home sizes and how the $ per SQFT varies.

The quarterly median price provides insight into the annual averages.

Monthly median price averages may reflect a change in the mix of homes.

The monthly average days on market are seasonal with Nov-Jan being the slowest.

The average sales price over/under list price percentage suggests an a change in the number of competing offers driving the price over list.

Homes selling during the first week or two on market typically sell for well over list, while homes on the market typically sell for under list.

Note the seasonality with December typically being the low-point during the year. The “high-season” for new listings is typically Feb-Apr.

The inventory of Active listings is seasonal.

The number of Sales is also seasonal.

Sources: The data above is obtained directly from MLSlistings, the multiple listing service (MLS) serving Santa Clara and San Mateo counties. The information is deemed to be accurate, however is not guaranteed.