2013 Home Prices in Belmont CA 94002

Prices of single-family homes in Belmont California, like most towns on the San Francisco Peninsula and Silicon Valley, rose significantly in 2013. A particular challenge to buyers was the lack of homes for sale, and the still competition from other buyers. The local economy is very robust, which shows in the number of well-qualified buyers, actively looking to purchase a home.

So, how did the list prices compare to the sales prices for a home in Belmont, California, in 2013? This list shows the average for each month of 2013. When the average sales price is 7%, 8%, 10%, 11% over asking, you know just how competitive the market is.

Belmont CA 2013 sale & list prices

What does 2014 hold in store for home prices in Belmont, CA? There is no way to know, but as of January 22 there are only 6 single-family homes offered for sale on the Multiple Listing Service; 9 home sales are pending.

Homeowners, if you've been wondering about selling, give me a call and let's talk to see if now is the right time for you.

Buyers, don't be discouraged; be prepared. Armed with knowledge, you'll be in a good position to have your offer accepted. Two of the 2013 sales reflected in the chart above were buyers I helped; they are now settling into their homes, happy to be part of their community of choice and moving forward with their lives. You can achieve that same outcome in 2014. Contact me if I can be of help to you.

--- 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 4 commentsLottie Kendall • January 22 2014 09:31AM

Comments

Lottie  You have clearly showed buyers a good reason to contact you for their next home.  You have a good grasp of the market and a very good method of demonstrating it.  Your market trends are to be envied...I think!  Enjoy your day

Posted by John G. Johnston, An Exclusive Buyer's Agent ~ Westcliffe, CO (John G. Johnston & Associates, LLC) over 3 years ago

Lottie - You show buyers and sellers why you are a top local real estate professional to work with when it comes to the Belmont, CA area.  Your real estate market data and information is what your clients are counting on, and you deliver every time!

Posted by Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com, Tahoe Real Estate Agent Helping Buyers and Sellers (Coldwell Banker, Tahoe City, CA (530) 414-1260) over 3 years ago

In this type of market buyers need the best representation possible and your updates show just how in tune you are to the Bay Area real estate market Lottie.

Posted by Scott Larson, Park City, Utah Real Estate News (BHHS/Utah Properties) over 3 years ago

John, as a buyer's agent, you'd find the market frustrating. But, when we get a buyer's offer accepted, it's time for the happy dance.

Laura, thanks for the kind words. I buyers clearly need to know the trends, and how much over (or under) a list price is common - it helps them be much more successful

Scott, this is a challenging market, for sure, with many more buyers than sellers.

Posted by Lottie Kendall, Serving San Mateo County and San Francisco (Today | Sotheby's International Realty) over 3 years ago

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