Silicon Valley real estate, explained by the Property Nerds®

Trading a Mountain View house for a condo or townhome is one of the biggest money moves a longtime owner makes. In the last 12 months the median Mountain View house sold for $2.95M at about 1,820 square feet, and the median condo or townhome sold for $1.43M at about 1,400 square feet. That’s a gap o

The median Mountain View house sold for $2.95M in the last 12 months. With 20% down and a 30-year fixed loan at 7.24%, Freddie Mac’s average for the week of October 29, 2026, the mortgage and property tax come to about $18,930 a month. The median condo or townhome, at $1.43M, runs about $9,140. Here

San Jose’s typical property tax rate for 2025–26 is 1.2197%, the highest typical rate of the six cities in this comparison. On the median San Jose house, which sold for $1.65M in the last 12 months, that’s about $20,100 a year. Here’s where the rate comes from, what you’d pay on a house or a condo,