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Know Your Market: Belmont, Massachusetts Market Statistics
In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Belmont, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Belmont, MA market statistics weekly on Tuesdays.

As you can see, year to date there have been 110 sold single family homes in Belmont with an average of 83 days on market. The year-to-date median sales price is $698,725, which is slightly up from last year's $697,500 at this time. Last year, year-to-date there were 138 sold single family homes with an average market tim of 102 days.

Belmont, the single family town, does have many multi-family homes and condominiums available to prospective buyers. Currently this year there have been 20 multi-families sold at an average price of $566,578 and 59 condominiums sold at an average price of $452,000. Compared to last year the market has slowed a bit with less sales and lower average sales prices. Last year for condominiums and multi-family homes the average sales prices were $557,418 and $584,422 respectively.
Now would be a great time to get into Belmont at these "discount ... more

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