We analyze several housing market indicators in order to present an in-depth breakdown of Mountain View Real Estate Market comparing February 2009 to February 2010.

Summary of Key Points

Mountain View Real Estate has started showing strong signs of improvement with houses  selling faster.Sellers received more than asking price and number of units sold also increased.Mountain View Real estate saw a small decrease in median sales price as compared to last year.

Key Statistics, Mountain View, CA: Median Sales Price (-3.42%), Median Days on Market (-66.71%), and Number of Units Sold (39.13%), Sales Price to List Price Ratio (Feb 09 97% - Feb 10 101%)

Mountain View Real Estate

The city of Mountain View experienced a 3.42% decrease in median sales price from last year going down from $760,992 (Feb. 09) to $734,931 (Feb. 2010). Median days on market data for Mountain View shows that houses are selling faster than Feb 09. It took 60 days in Feb 09 for a house to sell and for Feb 10 that number has gone down to 20 days (a 66.71% improvement). Another important factor to consider is total number of units sold. In the month of Feb 09, 23 units were sold compared to 32 for Feb 10 (39.13% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Mountain View. SP/LP ratio for Feb 09 was 97% compared to 101% for Feb 10.

Let’s take a brief look at neighbors Cupertino and Campbell.  Cupertino Real Estate featured an 8.49% increase in median sales price ($920,823 Feb 09 - $999,006 Feb 10) and Campbell Real Estate saw a 22.04% increase ($522,915 Feb 09 - $638,177 Feb 10). Are houses in Cupertino and Campbell selling faster or slower this year? Well, Cupertino experienced a 4.30% decrease (46 to 44 days) in median days on market and Campbell saw a 58.72% decrease (82 to 34 days). In the units sold category, Cupertino sold 11 units more (45.83%) in Feb 2010 than 09 and Campbell sold 2 units more (10.00%) in Feb 2010 than Feb 09.

Consult latest research and find Homes in all major cities in California including Mountain View Real Estate, Cupertino Real Estate, Campbell Real Estate.

You can also access Mountain View Real Estate for viewing the latest market inventory

• Homes for sale for MLS Search,
• Bank REO / Short Sale Search
• Foreclosure Search ( Outside MLS)
• Just Listed Properties
• Income Properties (1-4 units)
• Condo searches
• New Construction Homes

In addition you will find comprehensive Lending information on FHA, VA, USDA, and Conventional Loans. There are web pages for each major city in California with loan products specific to the city including City Down Payment assistance offered.

HomeSearchFinder.com provides a Proprietary Affordability Mortgage Calculator. It matches your profile against the programs our lenders offer and instantly communicates the PreQual Mortgage amount and the Purchase price you are eligible for.

Access the PreQual Affordability Mortgage Calculator now.

 

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