How's the Market in Belmont, CA 94002?

"How's the market" is a question I hear a lot, so let's take a look at what's going on in Belmont, a city with roughly 26,700 residents:

2129 Pullman - sold 2015

As of Thursday, on our Multiple Listing Service we had:

Single Family Homes:

  • 5 Active listings, with a median list price of $1,488,000
  • 18 Pending sales
  • 26 Closed sales in the last 30 days, 25 of which sold for over asking

Condos/Townhouses:

  •   0 Active listings
  •   3 Pending sales
  •   4 Closed sales in the last 30 days; 3 sold over asking; 1 at asking

We're definitely in a strong sellers' market, and definitely need more inventory to accommodate the demand from buyers.

Our local economy is strong and growing; demand from Pacific Rim countries continues.

In short, people want to live here and we need housing for them.

--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®

Today | Sotheby's International Realty

San Carlos, California, 94070

CA BRE#01215160; 650-465-4547

Lottie@LottieKendall.com;

www.LottieKendall.com

www.SFCondosForMe.com

 

 

Comment balloon 3 commentsLottie Kendall • May 22 2015 08:32AM
How's the Market in Belmont, CA 94002?
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