If you are waiting for a slower pace, the recent numbers are not exactly offering a spa day.
Trying to decide whether you can take your time before making a move in Mountain View, CA? My short answer is no - recent closed activity points to a market where homes are moving quickly and winning offers are landing above asking, so dragging your feet is the real estate version of bringing a spoon to a sword fight.
Over the previous 30 days, a typical sale in Mountain View, CA took 8 days, and recent offers landed at 108.8% of asking. Supply stood at 1.93 months, which sits firmly in seller's market territory in the file, so the pace is not subtle and neither is the competition.
For someone trying to buy, that changes the job from casual browsing to decision-ready touring. When homes are clearing in about a week and accepted offers are coming in above list, I would not confuse a nice open house stroll with an actual strategy. In Mountain View, CA, the recent sold price was $1,952,500, while the typical asking price for active homes was $1,498,000, which is a useful reminder that list price and landing price are not twins. They are cousins who do not return each other's calls.
Get your financing and proof of funds lined up before you start serious tours. Set a hard walk-away number so competition does not turn your budget into performance art. Ask for disclosure packages early and review them fast. Keep your tour list tight and your decision window tighter.
