Belmont Housing Activity                             Δ from prior week

New listings                                        3              ↓

Homes that went pending                   2              ↓

Homes that closed escrow                  1              ↓

Total Inventory                                  45             ↑

Only two homes received an offer last week and went pending, three new listings hit the market, and with only one sale the inventory rose slightly. Most closings are scheduled for the end of the month and there are currently have 15 set to close by then.


2503 Read Ave., Belmont 2 Bed/ 2 Bath 950 Sq. Ft. for $799,000.

2818 San Ardo Way, Belmont 3 Bed/ 2 Bath 1420 Sq. Ft. home for $725,000 * Our Belmont’s Best Deal pick of the week! OPEN SAT & SUN 8/9th & 10th from 2:00-4:00


807 Ruth Ave., Belmont 2 Beds/ 1 Bath 1,40 Sq. Ft. home for $719,000


3614 Hillcrest 5 beds/3 baths 2840 Sq. Ft. sold for $850,000.

This home was simply entered for a comp. I’m not sure why because it’s a bad one at that. It never hit the market and apparently was a real contractor’s special.

Information deemed reliable but not guaranteed.

The week ending August 8th of 2008 may have been the luckiest date in this decade but seller’s who wanted to move weren’t quite so fortunate. The Belmont housing activity was rather slow this past week.

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