Intero's Market Report

Belmont, CA

Single-Family Homes



Belmont, CA

Wed Apr 24 2024
This week the median list price for Belmont, CA is $2,093,000 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has decreased to 8. 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

Wed Apr 24 2024
This week the median list price for Belmont, CA is $2,093,000 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has decreased to 8. 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 $2,093,000
Median Price of New Listings $1,793,500
Per Square Foot $1,099
Average Days on Market 92
Median Days on Market 32
Price Decreased 13%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 71
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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 0 301
$2,193,000 1,995 4,500 - 6,500 sqft 3 2.5 62 1 1 24
$1,948,000 1,900 4,500 - 6,500 sqft 3 1.8 58 0 0 35
$1,482,000 1,095 4,500 - 6,500 sqft 2 1.5 75 1 2 7