Intero's Market Report

Belmont, CA

Single-Family Homes



Belmont, CA

Mon Jan 24 2022
This week the median list price for Belmont, CA is $1,991,500 with the market action index hovering around 76. This is less than last month's market action index of 86. Inventory has increased to 4. 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 cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Belmont, CA

Mon Jan 24 2022
This week the median list price for Belmont, CA is $1,991,500 with the market action index hovering around 76. This is less than last month's market action index of 86. Inventory has increased to 4. 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 cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Belmont market.
Median List Price $1,991,500
Median Price of New Listings $1,995,000
Per Square Foot $1,114
Average Days on Market 21
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $2,520
Market Action 76
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
$2,498,000 3,160 0.25 - 0.5 acre 4 4 93 1 1 0
$1,995,000 1,780 6,500 - 8,000 sqft 3 2 96 1 1 0
$1,988,000 1,794 4,500 - 6,500 sqft 4 4 90 1 1 0
$1,300,000 630 0.25 - 0.5 acre 1 1 84 0 0 84