94040• Updated
Market Pulse: Hot 🔥
94040 is currently a Seller's Market. Homes are retaining 107% of their value (Sale Price to List Price Ratio). With 47 active listings and 7 closed sales this month, inventory remains at 3.1 months of supply. Trends over the last half-year show median values moving up by 30%, while Average Days on Market has decreased by 23%. Local listings are moving 6 days faster than the Mountain View average.
Property Type Spotlight
Detached Homes
Entry Level Detached Home Market Trends Median Price Market Trend The average price in the Entry Level Detached Home segment has softened by 6% over the last 3 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Detached Home is increasing, with homes now staying on market for 98 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Detached Home market is shifting towards buyers, with the Sale Price to List Price Ratio now at 93%.
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Mid-Market Detached Home Market Trends Median Price Market Trend The average price in the Mid-Market Detached Home segment has softened by 20% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Mid-Market Detached Home is increasing, with homes now staying on market for 18 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Mid-Market Detached Home market is strengthening, with the Sale Price to List Price Ratio now at 112%.
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High-End Detached Home Market Trends Median Price Market Trend The average price in the High-End Detached Home segment has softened by 3% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for High-End Detached Home is decreasing, with homes now staying on market for 24 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the High-End Detached Home market is strengthening, with the Sale Price to List Price Ratio now at 112%.
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Condo/Co-op
Entry Level Condo/Co-op Market Trends Median Price Market Trend The average price in the Entry Level Condo/Co-op segment has softened by 2% over the last 6 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Condo/Co-op is increasing, with homes now staying on market for 95 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Condo/Co-op market is shifting towards buyers, with the Sale Price to List Price Ratio now at 99%.
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Townhomes
Entry Level Townhome Market Trends Median Price Market Trend The average price in the Entry Level Townhome segment has softened by 38% over the last 5 months. Days On Market Avg. Market Trend Lower is better Days on market for Entry Level Townhome is increasing, with homes now staying on market for 53 days on average. Sale Price to List Price Ratio Market Trend Higher is better Lower is better Seller leverage in the Entry Level Townhome market is shifting towards buyers, with the Sale Price to List Price Ratio now at 102%.
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Multi-Family (2-4 Unit)
Mobile/Manufactured Homes
Active Inventory Overview
Inventory Breakdown by Segment
| Property Type | Entry Level | Mid-Market | High-End | Ultra-Luxury | Total |
|---|---|---|---|---|---|
| Condo/Co-op | 16 | — | — | — | 16 |
| Detached Home | 1 | 10 | 5 | — | 16 |
| Mobile/Manufactured Home | 2 | — | — | — | 2 |
| Multi-Family (2-4 Unit) | — | — | 1 | 3 | 4 |
| Townhome | 9 | — | — | — | 9 |
Market Insights & FAQ
How is the real estate market in 94040 performing right now?
The data indicates a active environment in 94040. Inventory is at 3.1 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.
What are the current pricing trends for 94040 real estate?
Currently, $3,090,000 represents the median entry point for 94040. Over the past half-year, values have moved upward by approximately 30% based on regional transaction data.
Are sellers in 94040 getting their full asking price?
Sellers hold significant leverage in 94040, with a Sale Price to List Price Ratio of 106.7%. On average, properties are transitioning from active to sold status in 27 days.
How does the 94040 market compare to Mountain View trends?
94040 maintains a distinct profile within the broader Mountain View region. Median home values are currently 50% higher than the regional average, reflecting the unique demand and inventory dynamics of this specific location.
Who is a top listing agent for Mid-Market Detached Home homes in 94040?
If you're selling a Mid-Market Detached Home in 94040, the data points to Eric FischerColbrie as a standout choice. They've built a consistent track record in the Mid-Market Detached Home category specifically — not just broad volume, but demonstrated results in this exact niche in 94040.
Which agent is best for buying a Entry Level Multi-Family (2-4 Unit) in 94040?
Our data flags Jessica Wang as a top buyer's advocate for Entry Level Multi-Family (2-4 Unit) properties in 94040. Our algorithm surfaces Jessica Wang based on actual closed buyer deals in the Entry Level Multi-Family (2-4 Unit) market. That's the kind of specific, verifiable track record buyers should look for in an agent.
Which agent is best for buying a Entry Level Condo/Co-op in 94040?
If you're hunting for a Entry Level Condo/Co-op in 94040, Jennifer Siem Oldham's track record speaks for itself. For buyers competing in the Entry Level Condo/Co-op market in 94040, their track record indicates speed and negotiating strength that outperforms the segment baseline on both counts.
Who is a top listing agent for Mid-Market Multi-Family (2-4 Unit) homes in 94040?
Jarrett Fishpaw has been particularly active in 94040's Mid-Market Multi-Family (2-4 Unit) segment, and the numbers back it up. Their listings in this segment have consistently closed faster than the local average while achieving above-average sale-to-list ratios — a rare combination that directly benefits sellers on both time and final price.
Who is a top listing agent for Entry Level Condo/Co-op homes in 94040?
When looking specifically at Entry Level Condo/Co-op transactions, David Sunny consistently surfaces as a top performer in 94040. The data points to a dual edge here: shorter time on market than is typical for this segment, and sale prices that hold closer to — or above — the asking price compared to local norms.
Who is a top listing agent for High-End Detached Home homes in 94040?
Sellers of High-End Detached Home homes in 94040 have found a reliable partner in Carol Sangster, based on closed deal data. In a category where leaving money on the table is easy, their sale-to-list performance in this segment stands above the local benchmark — reflecting an ability to negotiate and price effectively.
Who is a top listing agent for Entry Level Detached Home homes in 94040?
In the Entry Level Detached Home category, few agents in 94040 can match the track record of Raymond Lee. Their listings in this segment have consistently closed faster than the local average while achieving above-average sale-to-list ratios — a rare combination that directly benefits sellers on both time and final price.
Which agent is best for buying a Entry Level Townhome in 94040?
Ashley Thornton has helped buyers close on Entry Level Townhome properties in 94040 — and the data shows it. The data shows a consistent pattern across their deals here: shorter time to close than the segment average, and acquisition terms that tend to land below-average relative to list price. Two things buyers care about most.