Mountain View fared pretty well in 2008 compared to many cities. Interestingly, Average and median sales prices seem to have improved later in the year, a trend that is opposite to what most cities in this area experienced.

 

 

                    2008 Sales, Mountain View, Single Family Homes

#Sales

Avg. SP

Med. SP

%SP/LP

Avg. DOM

Year:
2008

235

1,067,010

982,000

100

27

2007

270

1,087,580

1,060,000

104

19

Change (%)

-13

-1.9

-7.4

-3.5

47.3

4th Quarter:
2008

46

1,038,910

954,950

97.1

36

2007

72

1,030,150

1,012,500

101.1

22

Change %

-36.1

0.9

-5.7

-3.9

66.6

December Only:
2008

48

1,196,730

950,000

97.6

48

2007

28

994,890

975,000

101.2

28

Change %

94.9

20.3

-2.6

-3.6

94.9

 

 

 2008 Sales,Mountain View, Condominiums

 

 

 

 

 

 

 

#Sales

Avg. SP

Med. SP

%SP/LP

Avg. DOM

Year:          
2008

101

$868,116

$801,000

99.8

30

2007

127

$816,744

$760,000

102.1

25

Change

 

-20.5

6.3

5.4

-2.2

19

4th Quarter:
2008

14

$833,786

685,000

97

40

2007

29

860,030

799,000

99.5

33

Change %

-52%

-3.1

-14.3

-2.6

24

December Only:
2008

6

540,330

524,500

97.5

47

2007

9

808,342

800,000

100.7

25

Change %

-33.3

-33.2

-34.4

-3.11

85.4