Market Report Belmont, Massachusetts
Single Family Homes Y e a r E n d 2 0 13
Belmont Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2013
2 Bed 3 Bed 4 Bed 5 Bed 6+ Bed
Range $492,500 - $862,000 $430,000 - $1,380,000 $515,000 - $2,160,000 $685,000 - $3,050,000 $710,000 - $3,169,000
Number of Listing Sold 5 65 54 14 8
Days on the Market 34 28 35 131 96
Average Sale Price $ 599,900 $ 756,362 $ 949,257 $ 1,328,786 $ 1,440,088
Historical Average Sale Price - Past 10 Years % Change
Year 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
3.411% 10.325% -8.147% -0.048% -9.053% 7.089% 2.865% 3.091% 10.551%
Number of Listing Sold 170 159 144 161 120 148 144 148 168 146
2004
2005
Average Sale Price $ 764,832 $ 790,919 $ 872,582 $ 801,489 $ 801,107 $ 728,585 $ 780,236 $ 802,593 $ 827,401 $ 914,703 $914,703
$872,582 $801,489 $801,107
$764,832 $790,919
Days on the Market 68 76 109 104 81 94 78 58 58 44
$728,585
2006
Source: MLSPIN, as of 02/07/2014
2007
2008
2009
$827,401 $780,236 $802,593
2010
2011
2012
2013
Market statistics
Total Sold - Belmont, MA Single Family Homes, 1/1/2013 - 12/31/2013
Price Range $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999 $2,500,000 - $2,999,999 $3,000,000 - $3,999,999
Total Properties
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings
on Market
Sale Price
List Price
Ratio
Orig Price
Ratio
1 2 12 20 33 30 14 27 2 2 1 2
28 40 45 52 32 25 30 47 73 256 299 177
$430,000 $488,750 $544,542 $655,858 $750,523 $843,500 $925,929 $1,209,748 $1,825,000 $2,130,000 $2,660,000 $3,109,500
$459,900 $499,500 $567,467 $628,180 $723,867 $822,887 $919,921 $1,214,733 $1,995,000 $2,275,000 $2,895,000 $3,275,000
93 98 96 105 104 103 101 100 92 94 92 95
$479,900 $574,000 $579,142 $640,675 $728,715 $831,520 $940,207 $1,238,941 $1,995,000 $2,375,000 $2,995,000 $3,375,000
90 87 94 103 103 102 100 98 92 90 89 92
146
44
$914,703
$911,425
102
$927,970
100
Source: MLSPIN, as of 02/07/2014
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