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Market Conditions for Belmont, CA 94002 - It's a Seller's Market Here

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Real Estate Agent with Engel & Völkers - Carlsbad Village DRE# 01343201

Belmont sits between San Mateo and San Carlos in the hills above El Camino Real.  It's the kind of town one either loves or hates because of it's unique homes.  They vary from small former summer cottages to huge mansions and these home can reside on the same street and block.  It's very rual in nature with loads of California oak tress and narrow roads running all over the hillsides. <!--{PS..0}-->

Belmont.JPGThe median priced home in Belmont last week was $950,000.  The most expensive home on the market was listed at $1,888,000.  In Belmont it is still possible to find a resonablely priced home, for San Mateo County that is.

The average days on the market is the lowest of any of the towns we cover, 38 days.  There were 47 homes for sale last week and Belmont is a Warm Seller's Market. 

Homes sell for as little as the low $700,000's up to the high one million.  In the hills one can find some very special views that range from San Francisco down to the Silicon Valley.  Homes are generally around 1800 feet, lots can be large but unusable due to hill pitch, so they often are over several levels with multiple decks.

Belmont schools are good, the weather is mild and the commute either to the City or Valley is comvenient.  Altos Research has provide my data and if you want more give us a call.

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