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As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

Belmont Real Estate Market Statistics – January 2009

The Belmont Real Estate Numbers for January 2009:

Belmont Massachusetts 78 properties were on the market in Belmont on January 31, 2009. The lowest priced property was listed for $250,000, the most expensive for $2,995,000. Average days on market was 166.

It was a quiet month in the Belmont real estate market as only 5 properties sold (closed) during January with an average sales price of $725,400.  Average days on market was 123.  These closed sales reflect real estate activity in November and December or before.  In Massachusetts it typically takes six to eight weeks from the time an offer is accepted for the transaction to close.

4 Belmont single families sold in January.  The least expensive sale was for $617,000. The most expensive house sold for $975,000. Average days on market was 152.

There were no condominium sales closed in Belmont in January.

One multi-family sale closed in January for $430,000. The property had been on the market for five days.

Total Belmont residential real estate sales volume closed in January was $3,627,000.

Information based on residential sales data in MLSpin.

Categories: Real Estate Market Info

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