RECAP OF 1ST HALF 2025
NUMBER OF SALES
There were 121 single-family homes sold through the Multiple Listing Service, 39 in the 1st quarter and 82 in the 2nd quarter. This compares to 126 in the 1st half of 2024 and 97 sales in the 1st half of 2023. There were still few number of homes for sale and any decline in sales was not because of low demand.
In addition to the 121 single-family home sales, there were also 128 condo/townhome sales compared to 140 in the same period last year. If you would like further details on condo/townhome sales this year, which are not included in this report, I would be happy to provide you with my separate report on them or you can download a copy at davidtroyer.com/MVreport.
PRICES
Prices reached record highs. Both the median and average price increased 3% compared to last year. Half of all sales were in the $2 million price range. Only 12 sales, or 10%, were for less than $2 million and 16 sales, or 13%, were for more than $4 million. A significant 79% of the homes sold for more than list price – a clear indication of demand.
The price per square foot in the 1st half was $1,689 – a new record high and 1% higher than last year.
LENGTH OF TIME TO SELL
Strong demand was also evidenced by how quickly homes sold. 74% sold in 2 weeks or less and 45% sold in one week or less. Only 12% took longer than 30 days to sell.
OUTLOOK
As I reported to you in my 1st Quarter Report (find it at DavidTroyer.com/mvreport), the market growth this year has exceeded my expectations. The 2nd quarter began with uncertainty in the financial markets due to global trade policy shifts. While some uncertainty remains, the stock market has since rebounded to new highs – a positive indicator for the real estate market, especially in our area. Based on the incredibly strong demand we have seen so far this year, I now expect the next several months to continue at this accelerated pace. Given the strong demand and limited inventory, my outlook remains especially favorable for sellers in Mountain View.
Mountain View continues to be one of the most desirable places to live in the Bay Area. The presence of excellent schools, a vibrant downtown area, and its convenient location in the heart of Silicon Valley make it a smart investment for buyers, which is why property prices remain high.
With just 18 homes actively for sale (and another 4 homes being privately marketed), now is an opportune time to list your home for sale with The Troyer Group. Our team has a proven track record of helping sellers prepare their homes for sale quickly and effectively, and we are committed to getting you your price or more. Please do not hesitate to contact us. You have nothing to lose.
PRICES
Prices reached record highs. Both the median and average price increased 3% compared to last year. Half of all sales were in the $2 million price range. Only 12 sales, or 10%, were for less than $2 million and 16 sales, or 13%, were for more than $4 million. A significant 79% of the homes sold for more than list price – a clear indication of demand.
The price per square foot in the 1st half was $1,689 – a new record high and 1% higher than last year.
LENGTH OF TIME TO SELL
Strong demand was also evidenced by how quickly homes sold. 74% sold in 2 weeks or less and 45% sold in one week or less. Only 12% took longer than 30 days to sell.
OUTLOOK
As I reported to you in my 1st Quarter Report (find it at DavidTroyer.com/mvreport), the market growth this year has exceeded my expectations. The 2nd quarter began with uncertainty in the financial markets due to global trade policy shifts. While some uncertainty remains, the stock market has since rebounded to new highs – a positive indicator for the real estate market, especially in our area. Based on the incredibly strong demand we have seen so far this year, I now expect the next several months to continue at this accelerated pace. Given the strong demand and limited inventory, my outlook remains especially favorable for sellers in Mountain View.
Mountain View continues to be one of the most desirable places to live in the Bay Area. The presence of excellent schools, a vibrant downtown area, and its convenient location in the heart of Silicon Valley make it a smart investment for buyers, which is why property prices remain high.
With just 18 homes actively for sale (and another 4 homes being privately marketed), now is an opportune time to list your home for sale with The Troyer Group. Our team has a proven track record of helping sellers prepare their homes for sale quickly and effectively, and we are committed to getting you your price or more. Please do not hesitate to contact us. You have nothing to lose.
Rollover or click map to see more information for each area.
Rollover or click map to see more information for each area.
There were 16 sales in the 1st half, compared to 9 in the 1st half of last year. 14 of the 16 sales were for more than list price and by as much as 13% more. The average and median price were each record highs exceeding $2.2 million. Only 3 homes took longer than 2 weeks to sell.
Only 3 homes sold, the same as in the 1st half of last year. All 3 homes sold for more than list price and 2 sold in 7 days. The average price was slightly lower than last year and the median price was down 13%.
There were 14 sales in the 1st half compared to 16 in the same period last year. Both the average and median price were down compared to last year, however demand was strong as evidenced by 11 of the homes selling over list price.
There was just 1 sale in this area that sold for 6% over list price at $2,750,000. This represents a 25% increase in average price compared to last year.
11 homes sold in this area compared to 13 in the same period last year. 9 of the homes sold for more than list price. Average and median price were significantly higher than last year and there were 2 sales over $3 million. Only 3 homes took longer than 9 days to sell.
There were 4 sales in the 1st half, the same as in the 1st half of last year. The average and median prices were down compared to last year but all homes sold for more than list price and in 9 days or less.
This popular area had the greatest number of sales for any area in Mountain View. There were 21 sales, compared to 25 in the same period last year; 15 of them sold for more than list price. The average and median price were lower than last year, 3 homes sold for more than $3 million, and 11 homes sold in 9 days or less.
There were 16 sales in this area compared to 12 in the same period last year. 12 of the homes sold for more than list price. Only 3 homes took longer than 2 weeks to sell. The median price reached a record high exceeding $4 million for the first time.
This high-demand area had 17 sales, the same number as in the same period last year. 14 of the homes sold over list price and only 1 sold for less than list price. Only 3 homes took longer than 2 weeks to sell. The average price was 2% higher than last year.
This area had 18 sales in the 1st half of the year compared to 23 sales in the same period last year. 14 homes sold for more than list price and only 1 home sold for less than list price. Just 4 homes took longer than 2 weeks to sell. Both the median and average price were higher than last year.
RECAP OF 1ST HALF 2025
NUMBER OF SALES
There were 128 condos/townhomes sold through the Multiple Listing Service, 43 in the 1st quarter and 85 in the 2nd quarter. This compares to 140 sales in the 1st half of 2024 and 105 sales in the 1st half of 2023. Inventory has increased but there are still few number of homes for sale and lower number of sales is not
because of low demand.
In addition to the 128 condo/townhome sales, there were 121 single-family home sales. If you would like further details on single-family home sales this year, which are not included in this report, I would be happy to provide you with my separate report on them or you can download a copy at davidtroyer.com/MVreport.
PRICES
The average price reached a record high at $1,373,491, representing a 7% increase since last year. The median price was also a record high at $1,425,000, representing a 9% increase.
63% of the homes sold for more than list price, compared to 66% in the same period last year. This includes 8 homes that sold for more than 20% over list price.
9 homes sold for more than $2 million and 31 homes sold for less than $1 million.
The average price per square foot in the 1st half was $985 – a new record high and a 1% increase from last year when it was $973 per square foot.
LENGTH OF TIME TO SELL
Strong demand was also evidenced by how quickly homes sold. 59% sold in 2 weeks or less and 33% sold in one week or less. Only 23% took longer than 30 days to sell.
OUTLOOK
As I reported to you in my 1st Quarter Report (find it at DavidTroyer.com/mvreport), the market growth this year has exceeded my expectations. The 2nd quarter began with uncertainty in the financial markets due to global trade policy shifts. While some uncertainty remains, the stock market has since rebounded to new highs – a positive indicator for the real estate market, especially in our area. Based on the strong demand we have seen so far this year, I now expect the next several months to continue at this accelerated pace. Given
the strong demand and limited inventory, my outlook remains especially favorable for sellers in Mountain View.
Mountain View continues to be one of the most desirable places to live in the Bay Area. The presence of excellent schools, a vibrant downtown area, and its convenient location in the heart of Silicon Valley make it a smart investment for buyers, which is why property prices remain high.
With 48 homes actively for sale (and another 6 homes being privately marketed), now is the time to list your home for sale with The Troyer Group before inventory levels rise any further. Our team has a proven track record of helping sellers prepare their homes for sale quickly and effectively, and we are committed to getting you your price or more. Please do not hesitate to contact us. You have nothing to lose.
Rollover or click map to see more information for each area.
Rollover or click map to see more information for each area.
This popular area had the second highest number of sales in the 1st half at 31, only 15 of which were in the 1st quarter. 20 of the homes, or 65%, sold for more than list price. One home sold for more than $2 million and just 6 homes sold for less than $1 million. Both the median and average price reached new record highs.
There were 6 sales compared to 5 sales in the 1st half last year. Only 1 sale was for more than list price, 2 sales exceeded $1 million, and 3 sales were in 6 days or less. The median price was up from last year but the average was down.
There were 15 sales in this area compared to 28 sales in the same period last year. 9 sales were for more than list price and only 3 homes sold below list price. Only 4 homes took longer than 2 weeks to sell. This area had the lowest days on market of any area. Both the average and median price were higher than last year.
This in-demand area had 28 sales in the 1st half with only 9 homes sold in the 1st quarter. 22 of the homes, or 79%, sold for more than list price including the most expensive sale, $2,998,000, that sold for 50% over list price. Half of the homes sold in 2 weeks or less.
There are often no sales in this area and yet in the 1st half of this year there were 2 sales, 1 of which sold over list price in just 6 days. The average price was higher than last year, but the median price was lower.
More homes sold in this area than in any other. There were 32 sales in the 1st half, the same number as in the same period last year. 53% of the homes sold for more than list price. The average and median price were higher than last year. 20 homes sold in 2 weeks or less and only 7 homes took longer than 30 days to sell.
There were 9 sales in this area compared to 8 in the same period last year. 7 of the homes sold over list price, including the 2 most expensive sales and 7 homes sold in less than 2 weeks. Both the median and average prices were higher than last year.
There were no sales of condos/townhomes in this area in the 1st half. There have been no sales of condos/townhomes in this area since 2022 when the average price was $1,920,000.
209 MIRAMONTE
There were 5 sales in the 1st half compared to 4 sales in the 1st half of last year. 3 of the homes sold for more than list price. The average and median price were each higher than last year. The 2 most expensive homes sold in 7 days; the other 3 took between 15 and 64 days to sell.