Mountain View, CA: Comparing June 2011 single family home activity to June 2010
By Carla Dimond, (Silicon Valley)
(CATARRA)
In Mountain View, CA there were 31 single family homes sold in June 2011. Homes were listed for 1.085M and sold for 1.11M on average. This represents a selling price of about 2% over asking price. How does this compare to June 2010 in Mountain View, CA? In June 2010, 40 single family homes sold with an average list price of 934K and a sale price of 951K. This also represents a sales price of 2% over asking price. With this data it is so easy to create some crazy headline about how the market is up 17% in June 2011 compared to June 2010 in Mountain View, CA. Is that really a true statement? If you look deeper at the average house sold this year vs. last year in June the difference in price is based on the average size of the house sold. In June 2010 the average house sold was 1585 sq...
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