Real Estate Market in Belmont, MA
Buyers and investors who are serious about the Real Estate Market in Belmont, MA in April 2014 should now have enough facts to get them started on their real state journey in this community.
The date provided in this report is from Market Insider (MI) published by Market Leader. MI consolidates data from multiple sources and includes current listings, recent sales and more. Whether you are a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
Price Trends - Sold vs. Listed in Belmont, MA
Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you will have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. Some sales are not immediately available from public records. As they become available, the data are updated.
Market Inventory Trends
The number of active listings in Belmont, MA (02478) increased by 69.4% from the previous month. The Median Listing Price for homes and condos in Belmont in March was $1.120,380. The median number of days active properties have been listed in Belmont in March was 39 Days. This is significantly shorter than the national average. There are 26 Active listing in in Belmont.
Belmont real estate is still in a sellers' market. This will continue for remainder of 2014 due to lack of available housing inventory and low interest rates. Like all the real estate market in Boston area suburbs, if you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer.
Your Belmont, MA Real Estate Specialist
For complete details about all the available real estate in Belmont and surrounding towns in Metro Boston area follow the link to get the most current Belmont real estate information.
When you are ready to buy or sell Belmont real estate, let us put our experiencw and expertise to work for you. We stand ready to assist with all your Belmont residential real estate needs and look forward to earning your trust and business.
For a complete list of available Belmont real estate, visit www.MaFindHomes.com or call Noune at (617) 256-7097, or Allen at (617) 256-7102, so we can discuss your housing needs.