Ken Dara's Market Report

Belvedere, CA

Single-Family Homes

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



Belvedere, CA

Tue Jan 21 2020
This week the median list price for Belvedere, CA is $5,935,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 10. 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

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Belvedere, CA

Tue Jan 21 2020
This week the median list price for Belvedere, CA is $5,935,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 10. 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

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Belvedere market.
Median List Price $5,935,000
Per Square Foot $1,480
Days on Market 138
Price Decreased 30%
Price Increased 10%
Relisted 10%
Inventory 10
Median Rent
Most Expensive $17,950,000
Least Expensive $2,995,000
Market Action 28
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$14,972,500 10,489 1 - 2.5 acres 6 7 33 0 0 192
$8,487,500 3,760 6,500 - 8,000 sqft 4 5 54 1 0 213
$5,875,000 5,150 0.5 - 1 acre 4 5 25 0 0 107
$3,595,000 2,430 4,500 - 6,500 sqft 3 4 68 1 0 81