Brady and Son Realty

A Real Estate Team from Keller Williams Silicon City

Building Dreams, one Home at a Time.

Our Goal is to help you navigate the complexities of Silicon Valley Real Estate such that you are happy to recommend us to your family and friends.

2221 Oakland Road #268, San Jose, CA 95131

Phone: 408-868-8052

Mountain View, California

Mountain View Civic Center

Mountain View Area Profile

Nestled between the Santa Cruz Mountains and San Francisco Bay, Mountain View is a diverse community, ideally located in the heart of the Silicon Valley (10 miles north of San Jose and 35 miles south of San Francisco). At just over 12 square miles, the City is home to many nationally and internationally known corporations, and a thriving small business base.

Demographics: (2015)

  • Population: 77,973
  • Median Age: 35.4
  • households: 32,714
  • Median household Income: $103,488
  • Mean Property Value: $822,300

Business

  • Employees: 44,221
  • Top 3 professions: Computer and Mathematical’ Management; Architecture and Engineering
  • Top 3 industries by # of employees: Professional, Scientific, and Tech; Manufacturing; Information
  • Average Commute: 21.2 Minutes

City Government

The City of Mountain View is governed by a city council comprised of 7 members elected to 4-year terms. The government itself is managed by a City Manager.

Mountain View Civic Center

Things to Do in and around Mountain View

GOLF:

 

Boating:

Other:

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Hiking:

Parks and Rec:

Cycling

 

  • UNDER CONSTRUCTION

Mountain Biking

  • UNDER CONSTRUCTION

Theater, Concerts, and Museums

Area Theater and Concert Venues and Organizations:

Area Galleries and Museums:

Dining and Shopping in Mountain View

Places to Eat:

  • There are a number of restaurants on Castro Street that range from casual dining to formal, with cuisine from around the world.
  • UNDER CONSTUCTION

Places to Shop:

  • Mountain View Farmer’s Market: 600 W Evelyn Ave, Mountain View, CA 94041-1315  925-465-4690
  • UNDER CONSTRUCTION

Mountain View Education Opportunities

K-12 Schools Serving Mountain View

Public schools include links to ratings on Greatschools.org; private schools include links to their website.

UNDER CONSTRUCTION

Mountain View Real Estate Market

Mountain View Real Estate Trends: Average Sales Price and Average Sales to List Price Ratio by Month

The graph above shows average sales price and sales price to list price ratio for sales in Mountain View in the past 12 months. Average sales prices have climbed over 15% this year, erasing the dip experienced in the fall, but off the peak in May. Bidding activity is brisk with sales peaking above 20% over list price in April. Like much of the County, bidding has tailed off, here down from over 20% to about 11% over list.

Mountain View Real Estate Trends: Sales by Price Ranve for the Past 12 Months

The histogram above breaks down Mountain View home sales by price range. Here we see the dominant values are $2,000,000 to $3,000,000. About half of the homes sold for less than $1,600,000

Mountain View Real Estate: 6-month Average: Days to Sell versus Price Range

The second rule of real estate after Location: Timing. Buyers and Sellers need to understand the time trends in the market. 

Sellers need to be aware of how long it might take to sell their home. Many variables affect this time, not the least of which is list price. 

For the buyers, it is important to understand how fast you have to move – not just in responding to a home you like, but in how frequently you need to check the market and how quickly you need to make arrangements to view the home. 

Here we see that for most price categories, average time on market is still two weeks or less, This means buyers have to work with their agents to identify prospects quickly, and sellers have to be ready to move.

Understanding Price is imperative both form the Seller’s and Buyer’s perspectives.

For the seller, pricing too high can be disastrous. Buyers will focus their attention on lower-priced listings first. So can pricing so low that buyers wonder what is wrong with the property.

Much the current Silicon Valley Market is deliberately priced low to spark interest, often resulting in multiple offers driving the price up as evidenced by the ratios over 100%. 

Here we see that sales for homes in all price ranges average between 12.6% to 22.1% over list, down from 13.1% and 23% over list in May.

Mountain View Real Estate:6-month Average Sale Price to List Price Ratio by Price Range

The photos below show the lowest and highest sale price homes in Mountain View in the past 12 months

Mountain View Single Family Home Sales in the past 12 months:

This 976 sf 2br/1ba home on a 7,500 sf lot that sold for $1,100,000 in September, 2017 hols the ​low price mark for single family home sales in Mountain View for the period.

This 3,885 sf 5br/5.5ba concept home set on a 11,100 sf lot that sold for $4,500,000 in November, 2017 holds the high price mark Mountain View single family homes for the period.

Mountain View Condo and Town Home Sales in the past 12 months:

This 551 sf 1br/1ba condo that sold for $535,000 in October, 2017, holds the low price mark for Mountain View condominiums and townhouses for the period.

This 1,782 sf 3br/2.5ba townhouse that sold for $2,030,000 in July, 2018, set a new high price mark for Mountain View condominiums and townhouses for the period.

Help me with Mountain View Real Estate

The accuracy of the information displayed in this site is not guaranteed. The user is advised to conduct their own investigations to validate any information on which purchase or sale decisions are made. Data from the Multiple Listings Service subject to applicable limits on accuracy and content.

Original content ©2018 Brady and Son Realty Team @ KW Silicon City . Referenced images and data subject to originator copyrights.