It seems like forever since the housing market has been in balance. The downturn in 2007-2009 was followed in 2012 by an 11-year run up in Bay Area home values. Are we finally reaching equilibrium?
The first quarter of 2023 is in the books, and the housing numbers are in. If you’ve been listening to local […]
It’s very hard to stare at numbers that are counterintuitive to what you feel about the market around you. This is the case once again in Belmont when we compare last August to August of 2015.
This August felt really slow—like there was a pull-back in the market. Many of our colleagues are still commenting about how […]
Belmont Home Prices in March Are Off the Charts Hitting an All-Time High Water Mark
Just when you thought it was safe to go back in the water—even if it was just to dip in your toe—wham—the market showed its full force and effect in March’s numbers.
SALES
Dropped 32% from […]
September means fall has arrived and nowhere did we see more falling than in the number of home sales in Belmont for this time of year.
(click here for a full-sized image).
Here are the details:
MEDIAN PRICE:
Once again we had an increase in the median price over last September. The median price in Belmont for September 2010 […]
We’ve been swamped with business this year and with rolling out our new web page to boot we are just now able to settle down and look at February’s homes sale price figures for Belmont. Believe me, we’re dutifully aware that March’s numbers are available soon and we promise to deliver them in a more […]
It’s official. Belmont’s median home price dropped 9.4% last year from $920,000 in 2009 to $833,827 in 2009.
(click on the graph to enlarge)
There’s not much good news in the way of these numbers which would hint that the market is improving anytime soon with the exception of the “months of inventory†(*see below).
There seems […]
It’s easy to see the numbers for June are much better for sellers than they were in May. Almost all indicators are up signaling a stronger market for sellers in June as compared to last month (click on the chart to see a full size version).
Looking at the same period over last year a […]
