Kapowich Real Estate Silicon Valley Reports

Belmont, CA

Single-Family Homes

Pat Kapowich | 408.245.7700 | Pat@SiliconValleyBroker.com | Broker's License #00979413



Belmont, CA

Sun Apr 14 2024
This week the median list price for Belmont, CA is $1,998,888 with the market action index hovering around 65. This is an increase over last month's market action index of 62. Inventory has held steady at or around 11. Click here to stay informed with the Belmont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Belmont, CA

Sun Apr 14 2024
This week the median list price for Belmont, CA is $1,998,888 with the market action index hovering around 65. This is an increase over last month's market action index of 62. Inventory has held steady at or around 11. Click here to stay informed with the Belmont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Belmont market.
Median List Price $1,998,888
Median Price of New Listings $1,798,444
Per Square Foot $1,406
Average Days on Market 86
Median Days on Market 7
Price Decreased 18%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 65
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,221,500 3,489 0.25 - 0.5 acre 4 4.5 33 0 0 287
$2,188,000 1,692 0.25 - 0.5 acre 3 1.5 83 1 1 7
$1,998,000 2,230 4,500 - 6,500 sqft 3 2 69 1 0 49
$1,598,000 1,000 4,500 - 6,500 sqft 2 1 77 2 0 0