Home buyers and sellers must be aware of fluctuations in the market. Real estate statistics will help you understand the the market and make important decisions. The 2015 1st quarter Belmont MA single family home statistics in this blog contains some helpful data.
Belmont MA single family Home Prices
Selling prices are a glimpse of a specific market. The average selling price of single family real estate in Belmont MA for the quarterly 2015 was 6,176. During the prior year, the average sale price was $895,791. It therefore decreased -5.54 %. Two years ago, the amount was $1,086,091.
| 2015 |  $846,176 |
| 2014 | $895,791 |
| 2013 | $1,086,091 |
Belmont MA Market Activity
Number of listings sold tell you some things about the market. Few sales normally mean lack of inventory, which could result in pent up demand and increase in home prices. This can be found in a sellers market. Alternatively, a lot of inventory may create a surplus. Home buyers may have the advantage in this situation since sellers must compete to get their real estate sold.
In Belmont MA for the 1st quarter 2015, the number of listings sold was 19. This increased -33.33% from the year before (which was12). Before that, it varied -33.33% from 18 to 12.
| 2015 | 19 |
| 2014 | 12 |
| 2013 | 18 |
Belmont MA Average Listing Time Frame for the 1st Quarter 2015
Average listing time frame details the length of time it requires to find a ready, willing, and able buyer. It can tell you how hot the market is and what advantage you might have as either a buyer or seller. When homes are moving quickly, as a prospective buyer, you might not have the luxury of waiting delaying a decision as the home might be snatched up by another party. As a home seller, it is important to establish sensible expectations on how quickly you can find a home buyer. Remember that the listed price and condition of a particular home will affect that as well.
The Average listing time frame in Belmont MA for the 1st quarter increased 304.76% from 21 to 85. During the previous period, it moved -77.42% from 93 to 21.
| 2015 | 85 |
| 2014 | 21 |
| 2013 | 93 |
2015 1st Quarter Belmont MA Single Family Home Statistics
For more 2015 1st quarter Belmont MA single family home statistics data or statistics for nearby communities, please contact John Montanaroat at Renaissance Realty This information was compiled from the MA MLS Property Information Network, Inc. It is intended to offer a generic overview of the real estate market, is not guaranteed accurate, and might not encompass every single single family sold in Belmont.
