Chelsea E. Ialeggio's Report

Belvedere, CA

Single-Family Homes

ChelseaInMarin@gmail.com | ChelseaInMarin.com



Belvedere, CA

Fri Dec 14 2018
This week the median list price for Belvedere, CA is $4,437,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 12. Click here to stay informed with the Belvedere market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Belvedere, CA

Fri Dec 14 2018
This week the median list price for Belvedere, CA is $4,437,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 12. Click here to stay informed with the Belvedere market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Belvedere market.
Median List Price $4,437,500
Per Square Foot $1,389
Days on Market 128
Price Decreased 42%
Price Increased 0%
Relisted 8%
Inventory 12
Median House Rent
Most Expensive $7,995,000
Least Expensive $2,995,000
Market Action Index
Slight Seller's Advantage
37

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
$7,995,000 4,429 0.25 - 0.5 acre 4 4 56 1 0 142
$4,995,000 3,748 6,500 - 8,000 sqft 4 4 44 0 0 191
$4,200,000 3,465 8,000 - 10,000 sqft 3 3 65 0 0 109
$3,199,000 3,020 0.25 - 0.5 acre 4 3 58 0 0 72