$6,055 Closing Credit*
$509,900
1,015 SqFt
3 Beds
•2 Full Baths
#73321062, Borath Men, Listing Office: Homeplace Realty, Inc.
Is Belvidere, MA 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, Belvidere has remained a Seller's Market.
Key Takeaway
Belvidere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belvidere, MA
How much do homes in Belvidere, MA cost?
Median Sold Price
$597,450
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,700(+10.9%)
Key Takeaway
Homes in Belvidere have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Belvidere was $597,450 in November 2024, up 10.9% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $469.9K | $400K | -14.9% |
| 3 Bedrooms | $540K | $595K | +10.2% |
| 4 Bedrooms | $560K | $590K | +5.4% |
| 5+ Bedrooms | $665K | $857K | +28.9% |
Summary: Belvidere 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 decreased by 14.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 28.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Lower Belvidere | $400K | $490K | +22.5% |
| Centralville | $408K | $468K | +14.7% |
| Belvidere | $538.7K | $597.4K | +10.9% |
Housing Supply in Belvidere, MA
How many homes are available in Belvidere, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 21 | -22.2% |
Summary: The Belvidere real estate market had 21 homes for sale in November 2024, a 22.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Belvidere 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 33.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belvidere, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Belvidere in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 25% were sold at asking, and 63% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 67 Days | +131.9% |
Summary: Homes in Belvidere had an average of 67 days on market in Nov 2024, up by 131.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Belvidere are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Belvidere; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
