Garrett Burdick's Market Research
Belvedere, CA
Single-Family Homes
Coldwell Banker Realty | 415-602-2282 | garrett.burdick@cbrealty.com
Belvedere, CA
Wed Apr 02 2025
This week the median list price for Belvedere, CA is $7,972,500 with the market action index hovering around 39. This is less than last month's market action index of 42. Inventory has increased to 10.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $7,972,500 | |
| Median Price of New Listings | $3,945,000 | |
| Per Square Foot | $2,300 | |
| Average Days on Market | 240 | |
| Median Days on Market | 105 | |
| Price Decreased | 10% | |
| Price Increased | 0% | |
| Relisted | 30% | |
| Inventory | 10 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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 |
|---|---|---|---|---|---|---|---|---|
| $26,394,000 | 6,564 | 0.5 - 1 acre | 4 | 5.8 | 25 | 0 | 0 | 647 |
| $10,800,000 | 4,135 | 8,000 - 10,000 sqft | 4 | 4.5 | 31 | 0 | 1 | 38 |
| $7,950,000 | 3,919 | 0.25 - 0.5 acre | 4 | 3.5 | 61 | 0 | 0 | 273 |
| $4,395,000 | 2,905 | 6,500 - 8,000 sqft | 4 | 3.5 | 71 | 2 | 0 | 14 |