Ken Dara's Market Report

Belvedere, CA

Single-Family Homes

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



Belvedere, CA

Fri Feb 28 2020
This week the median list price for Belvedere, CA is $5,037,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. 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

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Belvedere, CA

Fri Feb 28 2020
This week the median list price for Belvedere, CA is $5,037,500 with the market action index hovering around 29. This is an increase over last month's market action index of 28. 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

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Real-Time Market Profile

Never miss important changes in the Belvedere market.
Median List Price $5,037,500
Per Square Foot $1,213
Days on Market 159
Price Decreased 50%
Price Increased 10%
Relisted 10%
Inventory 10
Median Rent
Most Expensive $11,995,000
Least Expensive $2,995,000
Market Action 29
Slight Buyer'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
$10,487,500 7,926 0.5 - 1 acre 5 6 4 0 1 150
$6,995,000 4,754 0.25 - 0.5 acre 5 5 63 0 0 255
$4,200,000 3,220 0.5 - 1 acre 4 4 21 0 0 142
$3,595,000 2,430 4,500 - 6,500 sqft 3 4 68 0 1 116