Is Belmont Country Club Properties, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belmont Country Club Properties is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Belmont Country Club Properties has remained a Seller's Market.

Key Takeaway

Belmont Country Club Properties is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belmont Country Club Properties, CA

How much do homes in Belmont Country Club Properties, CA cost?

Median Sold Price

$2,210,000

$1,210/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,000(+0.9%)

Key Takeaway

Homes in Belmont Country Club Properties have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Belmont Country Club Properties was $2,210,000 in September 2024, up 0.9% from last year, and the median price per square foot was $1,210.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$1.5M
N/A
2 $1.3M$1.7M
+24.4%
3 $2.0M$2.0M
+1.3%
4 $2.5M$2.6M
+2.9%
5+ $2.6M$2.8M
+9.2%

Summary: Belmont Country Club Properties housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Neighborhoods

Belmont Country Club Properties
+0.9%
Cipriani
-0.7%

Housing Supply in Belmont Country Club Properties, CA

How many homes are available in Belmont Country Club Properties, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2028+40.0%

Summary: The Belmont Country Club Properties real estate market had 28 homes for sale in September 2024, a 40.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 812
+50.0%
4 912
+33.3%
5+ 34
+33.3%

Summary: The Belmont Country Club Properties housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
113+1200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belmont Country Club Properties, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in Belmont Country Club Properties in September 2024, up by 1200.0% month-over-month. Of the 13 sold homes, 23% were sold under asking, 8% were sold at asking, and 69% were sold over asking.

Days on Market for Belmont Country Club Properties, CA

How long does it take to sell a home in Belmont Country Club Properties, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
8 Days21 Days+168.3%

Summary: Homes in Belmont Country Club Properties had an average of 21 days on market in Sep 2024, up by 168.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belmont Country Club Properties are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 13 homes were sold in Belmont Country Club Properties; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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