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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 Report – June 2009

Welcome to the Belmont Real Estate Market Report

Welcome to the Belmont Real Estate Market Report

It looks like we hit the sweet spot for real estate activity in Belmont Massachusetts.  There were significantly more real estate closings in June than in previous months in 2009.  Real estate sales reflect properties that went under agreement on average some six to eight weeks earlier.

Real Estate Inventory in Belmont MA:

102 homes were listed for sale in Belmont on June 30, 2009 priced from $209,000 to $2,395,000.  The average days on market was 159.

June Belmont Real Estate Sales:

35 houses sold  in Belmont during June – more than three times as many than closed in May. The average sales price was $668,671 and the median sales price was $579,000.    Average days on market was 74.  Houses sold for an average of 97% of list price. 

25 Belmont single family homes sold in June for prices ranging from $381,500 to $2,050,000.  The median sales price for a single family home was $725,000.  Average days on market was 80.  Single family houses in Belmont sold for an average of 97% of asking price in June.

6 Belmont condos sold in June.  Condominiums sold for prices from $280,000 to $497,500.  Average days on market was 75.  Condos sold for an average of 97% of asking price.

4 Belmont multi-family properties sold in June 2009 for prices between $460,000 and $610,000.  These properties had been on the market an average of just 36 days.

Total residential sales volume for June was $23,438,500.

Check out last month’s Belmont real estate activity here:






 Data about Belmont real estate market activity for June 2009 data from MLSpin.

Categories: Real Estate Market Info

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