Intero's Market Report

Belmont, CA

Single-Family Homes



Belmont, CA

Sun Dec 03 2023
This week the median list price for Belmont, CA is $2,100,000 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has decreased to 9. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Belmont, CA

Sun Dec 03 2023
This week the median list price for Belmont, CA is $2,100,000 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has decreased to 9. 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

The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Belmont market.
Median List Price $2,100,000
Median Price of New Listings $0
Per Square Foot $1,406
Average Days on Market 79
Median Days on Market 42
Price Decreased 11%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 61
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$4,297,500 3,035 0.5 - 1 acre 4 4 36 0 0 224
$2,222,500 1,510 8,000 - 10,000 sqft 2 1.8 67 0 0 38
$2,050,000 1,915 8,000 - 10,000 sqft 3 2.3 94 0 1 45
$1,628,000 960 0 - 4,500 sqft 2 1 72 0 1 14