Intero's Market Report

Belmont, CA

Single-Family Homes



Belmont, CA

Wed Jun 07 2023
This week the median list price for Belmont, CA is $2,595,000 with the market action index hovering around 80. This is an increase over last month's market action index of 73. Inventory has decreased to 7. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Belmont, CA

Wed Jun 07 2023
This week the median list price for Belmont, CA is $2,595,000 with the market action index hovering around 80. This is an increase over last month's market action index of 73. Inventory has decreased to 7. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Belmont market.
Median List Price $2,595,000
Median Price of New Listings $1,998,000
Per Square Foot $998
Average Days on Market 57
Median Days on Market 21
Price Decreased 14%
Price Increased 0%
Relisted 29%
Inventory 7
Median Rent
Market Action 80
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$4,895,000 4,050 0.5 - 1 acre 5 5.5 1 0 0 224
$3,147,500 2,830 0.25 - 0.5 acre 5 4 81 0 1 63
$2,296,500 2,658 4,500 - 6,500 sqft 3 2.8 43 1 2 3
$1,551,155 1,640 4,500 - 6,500 sqft 3 2 69 0 2 21