Ken Dara's Market Report

Belvedere, CA

Single-Family Homes

Engel & Voelkers | 415-425-3626 | ken@vanguardmarin.com



Belvedere, CA

Mon May 17 2021
This week the median list price for Belvedere, CA is $4,495,000 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has decreased to 7. 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 Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Belvedere, CA

Mon May 17 2021
This week the median list price for Belvedere, CA is $4,495,000 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has decreased to 7. 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 Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Belvedere market.
Median List Price $4,495,000
Median Price of New Listings $0
Per Square Foot $2,048
Average Days on Market 108
Median Days on Market 84
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 42
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$23,500,000 6,340 0.25 - 0.5 acre 4 3 19 0 0 315
$13,838,500 5,188 0.25 - 0.5 acre 4 5 13 0 0 73
$4,441,500 4,798 0.25 - 0.5 acre 6 4 48 0 0 70
$3,472,500 2,153 8,000 - 10,000 sqft 3 2 86 0 1 77