Intero's Market Report
Belmont, CA 94002
Single-Family Homes
Belmont, CA 94002
Wed May 06 2026
This week the median list price for Belmont, CA 94002 is $2,399,800 with the market action index hovering around 62. This is less than last month's market action index of 66. Inventory has increased to 25.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.
Real-Time Market Profile
| Median List Price | $2,399,800 | |
| Median Price of New Listings | $2,088,000 | |
| Per Square Foot | $1,285 | |
| Average Days on Market | 71 | |
| Median Days on Market | 14 | |
| Price Decreased | 12% | |
| Price Increased | 0% | |
| Relisted | 4% | |
| Inventory | 25 | |
| Median Rent | ||
| Market Action | 62 | |
| Strong Seller's Market | ||
Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,498,888 | 2,720 | 8,000 - 10,000 sqft | 4 | 3.5 | 36 | 1 | 4 | 49 |
| $2,494,000 | 1,982 | 4,500 - 6,500 sqft | 3 | 2.5 | 56 | 2 | 1 | 21 |
| $2,093,440 | 1,718 | 4,500 - 6,500 sqft | 3 | 2.3 | 51 | 1 | 1 | 31 |
| $1,788,000 | 1,335 | 4,500 - 6,500 sqft | 3 | 1.8 | 69 | 3 | 0 | 3 |