Belmont, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family Listing Inventory on October 28
2016
2017
2018
2019
2020
Listing Units
16
7
16
24
19
Average Days on Market
67
50
72
58
88
Average List Price
$1,580,199.00
$1,212,198.29
$1,675,181.25
$1,611,041.67
$2,179,363.16
Average List $ / SqFt
$425.90
$470.63
$553.43
$506.78
$504.82
Approximate Absorption Rate
71.35%
165.48%
77.60%
50.69%
60.53%
Approximate Months Supply of Inventory
1.40
0.60
1.29
1.97
1.65
Listed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Taken)
143
133
157
176
171
Average Original List Price
$1,227,401.93
$1,132,039.10
$1,334,773.24
$1,376,969.89
$1,518,245.49
Average Original List $ / SqFt
$448.57
$486.02
$514.68
$509.91
$531.39
Went Pending (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Went Pending)
116
131
138
141
138
Average List Price
$1,137,881.88
$1,134,626.72
$1,292,996.88
$1,226,584.32
$1,370,965.94
Average List $ / SqFt
$449.90
$480.05
$507.58
$496.54
$528.30
Average Days to Offer
29
27
17
25
24
Listed & Price Changed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Price Changed)
28
26
21
44
39
Average Original List Price
$1,442,703.14
$1,131,411.54
$1,606,261.90
$1,443,386.36
$1,528,014.85
Average Original List $ / SqFt
$435.35
$499.24
$539.68
$503.67
$529.65
Sold (Year to Date)
2016
2017
2018
2019
2020
Closed Units (Sold)
100
114
123
123
105
Average Days on Market
50
40
24
36
39
Average Days to Offer
29
30
18
25
29
Average Sale Price
$1,102,443.53
$1,197,924.91
$1,312,813.41
$1,253,719.52
$1,445,620.22
Average Sale $ / SqFt
$453.09
$487.44
$522.57
$510.66
$526.03
Average List Price
$1,095,902.99
$1,177,377.18
$1,265,150.88
$1,234,484.54
$1,443,859.05
Average List $ / SqFt
$446.30
$474.76
$498.16
$501.61
$523.54
Average Original List Price
$1,110,353.99
$1,193,265.78
$1,274,922.68
$1,253,038.21
$1,469,963.62
Average Original List $ / SqFt
$451.32
$479.75
$501.69
$509.04
$532.50
Average Sale Price as % of List Price
101.59%
102.63%
105.13%
101.95%
100.41%
Average Sale Price as % of Original List Price
100.48%
101.55%
104.46%
100.69%
98.77%
Average Sale Price as % of Assessed Price
N/A
N/A
N/A
2,357,840.48%
N/A
Sold Units - Short Sale
0
0
0
0
0
Sold Units - Lender-Owned
0
0
0
0
0
12-Month Activity as of October 28
2016
2017
2018
2019
2020
Units Listed
156
142
166
189
181
Units Price Changed
32
29
22
46
42
Units Went Pending
132
141
148
154
158
Units Sold
137
139
149
146
138
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Belmont, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Condominium Listing Inventory on October 28
2016
2017
2018
2019
2020
Listing Units
14
11
12
17
19
Average Days on Market
72
40
52
56
60
Average List Price
$768,842.86
$876,263.45
$785,533.33
$811,335.29
$695,307.84
Average List $ / SqFt
$391.96
$454.20
$482.91
$423.36
$517.81
Approximate Absorption Rate
52.98%
63.64%
52.78%
35.29%
39.04%
Approximate Months Supply of Inventory
1.89
1.57
1.89
2.83
2.56
Listed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Taken)
108
76
93
97
104
Average Original List Price
$660,556.94
$718,561.82
$694,032.03
$790,626.78
$735,639.41
Average Original List $ / SqFt
$400.77
$438.83
$458.53
$452.90
$479.71
Went Pending (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Went Pending)
89
65
73
72
77
Average List Price
$608,225.28
$678,881.52
$690,665.59
$765,317.90
$744,620.78
Average List $ / SqFt
$400.16
$434.67
$451.00
$445.10
$464.01
Average Days to Offer
23
20
20
21
17
Listed & Price Changed (Year to Date)
2016
2017
2018
2019
2020
Listing Units (Price Changed)
26
17
22
26
25
Average Original List Price
$773,796.15
$706,564.71
$753,940.91
$874,065.38
$743,816.00
Average Original List $ / SqFt
$412.45
$475.62
$470.24
$451.64
$483.79
Sold (Year to Date)
2016
2017
2018
2019
2020
Closed Units (Sold)
77
62
68
55
69
Average Days on Market
39
35
31
40
26
Average Days to Offer
24
20
23
24
18
Average Sale Price
$623,558.38
$677,874.98
$713,837.49
$749,817.13
$751,286.64
Average Sale $ / SqFt
$399.86
$439.99
$453.86
$454.08
$472.49
Average List Price
$616,846.10
$669,580.63
$698,877.75
$744,463.62
$740,041.88
Average List $ / SqFt
$392.42
$432.76
$440.72
$448.90
$464.04
Average Original List Price
$620,835.71
$678,129.02
$703,274.82
$757,029.07
$748,973.90
Average Original List $ / SqFt
$394.34
$437.61
$443.02
$454.95
$469.26
Average Sale Price as % of List Price
102.08%
101.72%
102.86%
101.25%
101.94%
Average Sale Price as % of Original List Price
101.58%
100.76%
102.32%
99.88%
100.89%
Average Sale Price as % of Assessed Price
N/A
N/A
N/A
N/A
N/A
Sold Units - Short Sale
1
0
0
0
0
Sold Units - Lender-Owned
2
1
0
0
0
12-Month Activity as of October 28
2016
2017
2018
2019
2020
Units Listed
115
83
103
100
111
Units Price Changed
27
19
25
27
26
Units Went Pending
98
78
86
78
90
Units Sold
89
84
76
72
89
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Belmont, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family
Solds / Year
2016
2017
2018
2019
2020
List Price
$1,095,902.99
$1,177,377.18
$1,265,150.88
$1,234,484.54
$1,443,859.05
Original List Price
$1,110,353.99
$1,193,265.78
$1,274,922.68
$1,253,038.21
$1,469,963.62
Sale Price
$1,102,443.53
$1,197,924.91
$1,312,813.41
$1,253,719.52
$1,445,620.22
Solds / Year
2016
2017
2018
2019
2020
List $ / SqFt
$446.30
$474.76
$498.16
$501.61
$523.54
Orig. List $ / SqFt
$451.32
$479.75
$501.69
$509.04
$532.50
Sale $ / SqFt
$453.09
$487.44
$522.57
$510.66
$526.03
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Belmont, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Single Family
Solds / Year
2016
2017
2018
2019
2020
Days on Market
50
40
24
36
39
Days to Offer
29
30
18
25
29
2016
2017
2018
2019
2020
100
114
123
123
105
28
26
21
44
39
Units Taken
143
133
157
176
171
Units Went Pending
116
131
138
141
138
2016
2017
2018
2019
2020
156
142
166
189
181
Category / Year Units Sold Units Price Changed
Category / Year Units Listed Units Price Changed
32
29
22
46
42
Units Sold
137
139
149
146
138
Units Went Pending
132
141
148
154
158
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Belmont, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Condominium
Solds / Year
2016
2017
2018
2019
2020
List Price
$616,846.10
$669,580.63
$698,877.75
$744,463.62
$740,041.88
Original List Price
$620,835.71
$678,129.02
$703,274.82
$757,029.07
$748,973.90
Sale Price
$623,558.38
$677,874.98
$713,837.49
$749,817.13
$751,286.64
Solds / Year
2016
2017
2018
2019
2020
List $ / SqFt
$392.42
$432.76
$440.72
$448.90
$464.04
Orig. List $ / SqFt
$394.34
$437.61
$443.02
$454.95
$469.26
Sale $ / SqFt
$399.86
$439.99
$453.86
$454.08
$472.49
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Belmont, MA Area Market Review 2016 - 2020 As of October 28, 2020 Prepared by Colleen Barry on Wednesday, October 28, 2020
Condominium
Solds / Year
2016
2017
2018
2019
2020
Days on Market
39
35
31
40
26
Days to Offer
24
20
23
24
18
Category / Year
2016
2017
2018
2019
2020
Units Sold
77
62
68
55
69
Units Price Changed
26
17
22
26
25
108
76
93
97
104
89
65
73
72
77
2016
2017
2018
2019
2020
115
83
103
100
111
Units Price Changed
27
19
25
27
26
Units Sold
89
84
76
72
89
Units Went Pending
98
78
86
78
90
Units Taken Units Went Pending
Category / Year Units Listed
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF