$7,302 Closing Credit*
$614,900
1,973 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73307675, Andrew Kaknes, Listing Office: NextHome Tradition
Is Belvidere, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Belvidere was a Seller's Market.
Key Takeaway
Belvidere is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belvidere, MA
How much do homes in Belvidere, MA cost?
Median Sold Price
$590,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,812(+10.7%)
Key Takeaway
Homes in Belvidere have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Belvidere was $590,000 in October 2024, up 10.7% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $449.9K | $392.5K | -12.8% |
| 3 Bedrooms | $540K | $583.7K | +8.1% |
| 4 Bedrooms | $545K | $600K | +10.1% |
| 5+ Bedrooms | $707K | $876K | +23.9% |
Summary: Belvidere housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 23.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Lower Belvidere | $400K | $465K | +16.3% |
| Centralville | $410.5K | $460K | +12.1% |
| Belvidere | $533.1K | $590K | +10.7% |
Housing Supply in Belvidere, MA
How many homes are available in Belvidere, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Belvidere real estate market had 25 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Belvidere housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belvidere, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Belvidere in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Belvidere, MA
How long does it take to sell a home in Belvidere, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 18 Days | -38.5% |
Summary: Homes in Belvidere had an average of 18 days on market in Oct 2024, down by 38.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belvidere are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Belvidere; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
