July 31, 2007

Mountain View Housing Market is UNSTOPPABLE

Mountain View Voice : Housing market through the roof
In the second quarter of 2007, single-family homes sold in Mountain View within 13 days — consistently the shortest time on the market of any city in the South Bay or lower Peninsula within the last nine months. Sunnyvale and Palo Alto were close behind.

Days on the market is the best way to gauge demand, experts say, making Mountain View the most sought-after property in the region.

The median price of homes has jumped to $1.1 million, up from $882,000 in the first quarter of 2006. Homes in the Monta Loma neighborhood, for example, are now in the $850,000 range and typically sell within eight days.

Go Mountain View! Congrats!

Click here to post a comment -- Posted by: burbed @ 10:23 am

No Responses to “Mountain View Housing Market is UNSTOPPABLE”

  1. Kenji Says:

    Do you think this is because Google is in Mountain View and they are hiring like mad?

  2. burbed Says:

    Probably!


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