$22,000,000
11,200 SqFt
6 Beds
•7 Full Baths, 3 Partial
Monica Costa Yazbek, Listing Office: Engel & Volkers
Is Belvedere, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Belvedere has remained a Seller's Market.
Key Takeaway
Belvedere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belvedere, CA
How much do homes in Belvedere, CA cost?
Median Sold Price
$5,280,000
$1,624/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$203,000(+4.0%)
Key Takeaway
Homes in Belvedere have sold for 4% more than they did a year ago.
Summary: The median home sold price in Belvedere was $5,280,000 in November 2024, up 4% from last year, and the median price per square foot was $1,624.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $7.8M | - | N/A |
| 2 Bedrooms | $1.8M | $5.0M | +182.1% |
| 3 Bedrooms | $4.1M | $3.0M | -27.9% |
| 4 Bedrooms | $5.5M | $5.2M | -4.0% |
| 5+ Bedrooms | $9.1M | $7.3M | -20.4% |
Summary: Belvedere housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 182.1%, 3 bedroom homes decreased by 27.9%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 20.4%.
Median Sold Price Compared To Nearby Cities
| Tiburon | $2.7M | $2.8M | +4.1% |
| Belvedere | $5.0M | $5.2M | +4.0% |
| Southeast Marin | $2.0M | $2.1M | +3.0% |
| Belvedere Tiburon | $3.5M | $3.3M | -6.1% |
Housing Supply in Belvedere, CA
How many homes are available in Belvedere, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Belvedere real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Belvedere housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belvedere, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Belvedere in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Belvedere, CA
How long does it take to sell a home in Belvedere, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 199 Days | +306.1% |
Summary: Homes in Belvedere had an average of 199 days on market in Nov 2024, up by 306.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Belvedere are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Belvedere; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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