Realtor Jin

10/24/2025

07/24/2024

MARKET TREND
Mountain View
Single Family Home Jun 2024 May 2024
Closed Sales 28 34
Median Sales Price $2,525,000 $2,750,000
Median Days on Market 8 9
New Listings 27 28
Avg % List Price Rec'd 108% 108%
Avg $ per SqFt $1,651 $1,683

The market is experiencing mixed conditions, with changes in different indicators. The number of closed sales has decreased from 34 to 28, while the median sales price has decreased from $2,750,000 to $2,525,000. The median days on market has decreased from 9 to 8. Additionally, the number of new listings has decreased from 28 to 27. In this market, the average time it takes to sell a home is 0.5 months.

07/23/2024

Market Trends
95070
Single Family Home Jun 2024 May 2024
Closed Sales 27 35
Median Sales Price $4,000,000 $4,000,000
Median Days on Market 13 7
New Listings 34 39
Avg % List Price Rec'd 104% 109%
Avg $ per SqFt $1,492 $1,621

The real estate market is showing mixed signals, with the number of closed sales decreased from 35 to 27 and the median sales price no change from $4,000,000 to $4,000,000. The median days on market has also increased from 7 to 13. Meanwhile, the number of new listings has decreased from 39 to 34. Selling a home in this market takes an average of 1.4 months.

07/12/2024

June Housing stats: Price cooled a bit. Down from this year’s peak of April and May. But YTD, price still raised about 7%.
June CPI showed inflation cooled 0.1%, the hope of Fed will cut interest rates gets up again.

04/20/2024

March housing stats shows a strong season starts. Although we still need volume inventory and the demands are forever imminent. The price has not been a factor in Silicon Valley, multiple offers and CASH, yes CASH on multi-million $$$$ houses transactions are still prevailing here.

02/27/2024

Three keys to change the real estate market of 2024.
1. Interest rates
2. Inventory.
3. Recession or not, who cares?
Click Silicon Valley top economist Dr. Elliot Eisenberg's YouTube talk below:

Welcome to Statistically Speaking - our new series covering the economy and its impact on the real estate market. Statistically Speaking is a real estate ser...

02/09/2024

What it means in each of these pictures:
1. In the past 4 years, the media sale price was not in the same (month). - Not as you would think only July is the hottest month to sell house. -
2. The median price is still up in all Silicon Valley Cities in January 2024.
3. Inventory is at all time low!
If you have any questions, please connect with me.

02/05/2024

Santa Clara County Stats: 2/2/2024

01/27/2024

Finish my first book of 2024. ‘LIFESPAN’. It’s very interesting. Basically, it points out that AGING, which charactered by NHI, is a disease. But one can fight for it - and reach a healthy, quality long life by working on it (all life). Healthy life style, eat less, fasting, good social life, exercise etc.
It’s one of its series by Dr. David Sinclair, a Harvard genetic PHD and it’s been listed by New York Times in 2019 as one of the best sellers.

01/27/2024

Here are the most updated stats of Santa Clara County.
ASK ME ABOUT SILICON VALLEY’S HOUSING MARKET.