Chelsea E. Ialeggio's Report

Belvedere, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Belvedere, CA

Wed Oct 23 2019
This week the median list price for Belvedere, CA is $7,763,500 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 14. 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

Wed Oct 23 2019
This week the median list price for Belvedere, CA is $7,763,500 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 14. 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 $7,763,500
Per Square Foot $1,414
Days on Market 127
Price Decreased 36%
Price Increased 0%
Relisted 7%
Inventory 14
Median House Rent
Most Expensive $29,750,000
Least Expensive $2,500,000
Market Action Index
Slight Buyer's Advantage
28

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$19,500,000 8,625 0.5 - 1 acre 7 8 32 0 0 226
$8,995,000 6,120 0.25 - 0.5 acre 6 6 61 0 0 74
$7,188,500 4,754 0.25 - 0.5 acre 5 5 16 0 0 117
$3,372,500 2,995 0.25 - 0.5 acre 3 3 55 0 0 99