While the media is quick to jump on any story which appears sensational, one wonders why the sharp increase in Belmont’s median price of over 19% last month wouldn’t have raised any eyebrows.

Don’t miss this month’s article explaining how this data needs to be interpreted.

We publish these graphs each month in order to keep Belmont homeowners apprised of the market. Of course you are always welcome to visit our web site MorganHomes.com for more detailed graphs and of course our blog for insightful analysis.

And if you are a Belmont resident, help us go green and sign-up for monthly reports. We’ll take you off of our snal mail list and dobate a dollar to school force!

(Click on the picture for a full zized view)

Belmont_october_sales_2007

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