Mountain View Sales Statistics Now Available Through 2009

by Deniece Watkins Smith, Realtor, ePro, SRES

Mountain View average single family home prices fell to $946,438 in 2009 from $1,067,009 in 2008 and an all-time high of $1,085,372 in 2008.

Average days on market increased from 32 in 2008 to 62 in 2009, meaning homes spent almost twice as long on the market before they were sold.

Total sales volume peaked in 2005 for Mountain View, totaling $383,675,000 (rounded). From that peak, sales volume has decreased to $240,395,000 (rounded), or by 37%.

Area Year No. Sales Average Price Yr/Yr $ Change Yr/Yr % Change Total Vol/ $1,000 Yr/Yr $ Change Avg DOM

Mountain View 2009 254 $ 946,438 $ (120,571) -12.74% $ 240,395 $ (10,353) 62

Mountain View 2008 235 $ 1,067,009 $ (18,363) -1.72% $ 250,748 $ (42,302) 32*

Mountain View 2007 270 $ 1,085,372 $ 94,577 8.71% $ 293,050 $ (22,022) 19

Closed sales statistics since 1997 are now available for Mountain View and all other cities in Santa Clara County and San Mateo County now at my website at http://dsoldit.com/area_information.html.