Market Report Belmont, Massachusetts
Single Family Homes Y e a r E n d 2 0 14
Belmont Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2014 Range 2 Bed $510,000 - $752,500 3 Bed $445,000 - $1,250,000 4 Bed $603,265 - $1,855,000 5 Bed $690,000 - $2,350,000 6+ Bed $950,000 - $2,500,000
Number of Listing Sold 10 49 54 22 7
Days on the Market 13 36 28 52 74
Average Sale Price $ 647,800 $ 805,796 $ 1,082,949 $ 1,374,455 $ 1,557,857
Historical Average Sale Price - Past 10 Years Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
% Change 10.325% -8.147% -0.048% -9.053% 7.089% 2.865% 3.091% 10.551% 12.085%
$872,582 $801,489 $801,107 $790,919
2005
2006
2007
2008
Source: MLSPIN, as of 01/12/2015
Number of Listing Sold 159 144 161 120 148 144 148 168 146 142
Days on the Market 76 109 104 81 94 78 58 58 44 36
Average Sale Price $ 790,919 $ 872,582 $ 801,489 $ 801,107 $ 728,585 $ 780,236 $ 802,593 $ 827,401 $ 914,703 $ 1,025,241 $1,025,241 $914,703
$728,585
2009
$780,236 $802,593
2010
2011
$827,401
2012
2013
2014
Market statistics
Total Sold - Belmont, MA Single Family Homes, 1/1/2014 - 12/31/2014
# of
Avg. Days
Average
Average
SP:LP
Average
SP:OP
Listings on Market Price Range $400,000 - $449,999 1 7 $450,000 - $499,999 1 60 $500,000 - $599,999 4 15 $600,000 - $699,999 16 30 $700,000 - $799,999 25 27 $800,000 - $899,999 22 24 $900,000 - $999,999 9 53 $1,000,000 - $1,499,999 49 33 $1,500,000 - $1,999,999 11 72 $2,000,000 - $2,499,999 3 57 1 197 $2,500,000 - $2,999,999
Sale Price
List Price
Ratio
Orig Price
Ratio
$445,000 $480,000 $546,875 $649,042 $740,405 $849,591 $957,889 $1,187,418 $1,709,906 $2,257,500 $2,500,000
$399,999 $499,900 $544,250 $645,800 $719,752 $820,500 $915,556 $1,165,612 $1,748,455 $2,266,667 $3,250,000
111 96 101 101 103 104 105 102 98 100 77
$399,999 $499,900 $544,250 $647,050 $727,388 $824,318 $937,767 $1,184,265 $1,789,727 $2,308,333 $3,250,000
111 96 101 101 102 104 104 101 96 99 77
Total Properties
$1,025,241
$1,014,736
102
$1,028,735
101
142
36
Source: MLSPIN, as of 01/12/2015
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