Chelsea E. Ialeggio's Report

Belvedere, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Belvedere, CA

Sun Apr 05 2020
This week the median list price for Belvedere, CA is $5,375,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 11. 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

Sun Apr 05 2020
This week the median list price for Belvedere, CA is $5,375,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 11. 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 $5,375,000
Per Square Foot $1,193
Days on Market 145
Price Decreased 45%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent $10,500
Most Expensive $11,995,000
Least Expensive $2,995,000
Market Action 28
Slight Buyer's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$9,995,000 8,186 0.5 - 1 acre 5 6 51 0 1 280
$5,995,000 4,603 0.25 - 0.5 acre 4 5 17 0 0 86
$3,777,000 3,220 0.25 - 0.5 acre 4 4 21 0 0 144
$3,495,000 2,430 4,500 - 6,500 sqft 3 4 68 0 0 114