Ken Dara's Market Report

Belvedere, CA

Single-Family Homes

Vanguard Properties | 415-425-3626 | ken@vanguardmarin.com



Belvedere, CA

Thu Aug 06 2020
This week the median list price for Belvedere, CA is $7,350,000 with the market action index hovering around 29. This is less than last month's market action index of 34. Inventory has held steady at or around 15. Click here to stay informed with the Belvedere market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Belvedere, CA

Thu Aug 06 2020
This week the median list price for Belvedere, CA is $7,350,000 with the market action index hovering around 29. This is less than last month's market action index of 34. Inventory has held steady at or around 15. Click here to stay informed with the Belvedere market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Belvedere market.
Median List Price $7,350,000
Per Square Foot $1,584
Days on Market 143
Price Decreased 13%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent
Most Expensive $29,900,000
Least Expensive $2,995,000
Market Action 29
Slight Buyer's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$16,500,000 6,340 0.25 - 0.5 acre 4 6 18 0 0 53
$9,341,500 5,834 0.25 - 0.5 acre 6 6 69 1 0 92
$5,897,500 3,935 0.25 - 0.5 acre 4 5 40 0 0 248
$3,743,500 3,532 0.25 - 0.5 acre 4 3 69 0 0 155