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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 MA Real Estate Sales In January 2010

Welcome to the Belmont MA Real Estate Report

Welcome to the Belmont MA Real Estate Report

Already time for another monthly market report! Where do the days go?  Here’s a look at Belmont MA real estate sales in January 2009.

Now that I’ve got a year’s worth of these reports on the blog it’s interesting to look back at last year’s statistics. There’s a striking difference in the year over year Belmont numbers.

Far more sales closed in January in Belmont in 2010 than in 2009. And yet the number of properties for sale at the end of the month is far lower this year than last.  If you’re thinking of selling the numbers look very good – increased demand and less competition.

Belmont Homes On The Market:

53 homes were listed for sale in Belmont on Januray 31, 2010 for prices from $159,900 to $2,275,000.  Homes had been on the market an average of 189 days. At this time in 2009 there were 78 residential properties listed for sale in Belmont.

Belmont MA Real Estate Sales in January 2010:

18 homes sold  in Belmont in January.  Properties had been on the market an average of 124 days and sold for an average of 96% of the asking price.   This is a huge jump over the month of January 2009 when just 5 homes sold in Belmont.

7 single family homes sold in January for prices from $445,000 to $2,010,000.  The median sales price was $745,000.  Houses were on the market an average of 119 days and sold for an average of 96% of list price.

9 Belmont condominiums sold in January 2010  priced betwee $270,000 and $805,000.  The median price was $375,000.   Condos sold for an average of 96% of asking price.

2 multi-family homes sold last month for $572,500 and $740,000. 

Total value of Belmont MA real estate sold in January was $11,674,700.

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Belmont MA real estate sales info is  from MLSpin.

Categories: Real Estate Market Info

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