Belmont

What's in the Belmont data?

In February, Belmont City had 6 singlefamily homes sold, a median sale price of $1.9m. The median overbid was at 101.4% and the average time on the market was 26 days. In terms of inventory, there are currently 19 homes for sale providing the market with 2.2 months of inventory.

For condos, there were no units sold. The median sale price and the median overbi was 0. The average time on the market increased to 14 days. There were 3 condo for sale providing the market with 1 mont of inventory.

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median Sales Price

Single-Family Homes

The median sales price has decreased from $25m last February 2022, to $19m as of February 2023

Condos & Townhomes

The median sales price has decreased from $900k last February 2022, to $0 as of February 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 124.3% last February 2022, to 101.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 112.7% last February 2022, to 0% a year later.

AVG Days On the Market

Single-Family Homes

The average days on market went up from 8 days last February 2022, to 26 days as of February 2023.

Condos & Townhomes

The average days on market went up from 12 days in February 2022, to 14 days as of February 2023