Centers And Squares
It looks like Belmont will be the next local library to be expanded and renovated.
Belmont made it off the waiting list for state library construction grants and was awarded a grant for $7.5 million.
This weekend the Belmont Public Library will hold a thank you celebration for library supporters on Saturday, October 13, 2012 from 10 a.m. to noon.
The Belmont Public Library is located at 336 Concord Avenue, Belmont MA 02478.
Wondering how real estate is doing in Belmont MA this year? Let’s take a look at real estate market activity in Belmont with sales figures for the first three quarters of 2012.
The numbers for January – September 2011 are in parentheses for comparison.
On September 30, 2012, 70 properties were listed for sale in Belmont. That’s significantly fewer than were available for sale one year before when 90 properties were on the market.
While in the Belmont real estate market as a whole the median price was down over last year that’s only a reflection of the mix of properties sold. When you look at properties by type you see that the median price was up in each category and was up significantly for single family houses and condominiums.
The condo market in Belmont was much busier in 2012 with 101 condos sold in the first three quarters compared to 69 in the same period last year. The median price was way up and days on market was down.
Residential Real Estate Sold in Belmont – Jan-Sept 2012 (2011)
- 254 properties sold (214)
- Average days on market = 64 (63)
- Properties sold for an average of 99% of asking price (98%)
- Median price of $643,000 ($652,500)
Belmont Single Family Sales – Jan-Sept 2012 (2011)
- Total sold: 127 (118 )
- Sale prices ranged from $450,000 – $2,900,000 ($400,000 – $2,675,000)
- Median price: $749,00 ($700,500)
- Average days on market: 59 (48)
- On average, houses sold for 99% of asking price (98% )
Belmont Condo Sales – Jan-Sept 2012 (2011)
- Total sold: 101 (69)
- Sale prices ranged from $160,000 – $1,215,000 ($145,000 – $1,337,500)
- Median price: $512,000 ($385,000)
- Average days on market: 76 (95)
- On average, condos sold for 99% of asking price (98%)
Belmont Multi-Family Sales – Jan-Oct 2012 (2011)
- Total sold: 26 (27)
- Sale prices ranged from $435,000 – $975,000 ($395,000 – $760,000)
- Median price: $575,750 ($565,000)
- Average days on market: 36 (42)
- On average, multi-unit houses sold for 99% of asking price (98% )
Info about the Belmont MA real estate market in 2012 (2011) from MLSpin
Today was our tour day and my favorite stop on the tour was my new listing at 48 Marlboro St Belmont. The condo is brand new to the market and listed for $369,000.
This bright and sunny three-bedroom condo is in sparkling, move-in condition. Conveniently located, 48 Marlboro Street is just blocks from the Cambridge line with easy access to shops, Fresh Pond and public transit.
The condo is part of a two-unit association in a building of much more recent vintage than most. It was built in 1979 and converted to condos in 2008. The owners have done all sorts of upgrades – you can just move in and enjoy! Click on the link above for a list of just some of the updates.
In addition to the three bedrooms, there’s a living room with fireplace, a dining room, a spacious kitchen fully outfitted with stainless steel appliances, and a semi-finished room downstairs with direct access to the garage. There’s a nicely landscaped common yard and deck. Do you have two cars? No problem – you get a driveway space plus the garage parking space.
48 Marlboro St, Belmont MA can be shown by appointment or at the open houses scheduled for Thursday, July 26, 2012 from 11 am to noon and Sunday, July 29, 2012 from noon to 1 pm. See you there!
Liz Bolton, ReMax Destiny, Cambridge
The Boston Globe had a great article today about a house moving in Belmont on Saturday.
The Thomas Clark House, circa 1760, was built by the Clarks, a prominent family in early Belmont history. Sadly, the house had been bought by a developer who wanted to tear it down. After a public outcry, funds were raised to move the house.
Until yesterday, the Thomas Clark House could be found at 59 Common Street in Belmont, MA. Now it’s sitting – temporarily – near the high school on Concord Avenue until its fate is determined.
Here are more photos of the house on its Facebook page. It’s a good thing when a Colonial-era house gets a Facebook page!
And here’s a time-lapsed photo video of the move:
This is my second wild turkey sighting in Belmont. We spotted this big bird on Belmont Hill this afternoon.
What a beautiful bird he is!
When he spreads his feathers (is there a term for this display?) he’s absolutely enormous.
Here’s the tally for sales in the Belmont MA real estate market in 2010 – our year in review post followed by the numbers for December 2010.
The Belmont real estate market was on the upswing in 2010. Numbers of properties sold were up over 2009 and so were median prices. The number of condos sold increased dramatically – by more than 25% over 2009.
Belmont MA Real Estate Market In 2010 – Year In Review
Total residential properties sold in Belmont:
Numbers in parentheses show the change from the year before
- In 2010: 261 ( +7.41%)
- In 2009: 243 (+13.56%)
- In 2008: 214
Average days on market for Belmont real estate:
- 2010: 104
- 2009: 93
- 2008: 100
Total value of Belmont MA real estate sales:
- 2010: $169,907,968 (+11.73%)
- 2009: $152,079,929 (+6.89%)
- 2008: $142,278,688
Here’s a quick look at the Belmont MA real estate market in November 2010.
Belmont MA Real Estate for Sale
73 homes were on the market in Belmont, MA on the last day of November priced between $164,900 and $4,200,000. That’s a substantial decrease from one month before when 94 homes were listed for sale. Many homeowners opt to take their properties off the market for the holidays. Inventory is also down from one year ago when 85 homes were listed for sale on November 30th.
Belmont MA Real Estate Market Activity November 2010
19 residential properties sold in Belmont MA during the month of November 2010. Properties sold for an average of 96% of asking price and had been on the market an average of 73 days.
9 single family houses sold in November for sale prices between $404,000 and $1,100,000. The median sales price was $648,500. Houses were on the market 66 days on average and sold for an average of 95% of the list price.
7 condos sold in Belmont MA in Nov. 2010 for prices between $215,000 and $985,000. The median price paid was $395,000. Condos sold for an average of 98% of the asking price and were on the market 104 days on average.
3 Belmont multi-family houses sold in November priced between $490,000 and $535,000. These houses were on the market an average of just 24 days and sold for 95% of the asking price on average.
Total value of Belmont MA Real Estate Market Sales in November was $11,364,000
Info about the Belmont MA real estate market in November 2010 is from MLSpin.
The numbers are in – here’s the monthly recap with the Belmont properties sold in September 2010.
Belmont MA Properties for Sale
99 residential properties were on the market in Belmont, MA on September 30, 2010 priced between $164,900 and $4,800,000. These properties had been on the market an average of 89 days. There hasn’t been an increase in inventory in Belmont this year – the number of properties on the market at the end of September is exactly the same as last year.
Belmont Properties Sold in September 2010
11 Belmont properties sold during the month of September 2010. Properties sold for an average of 96% of asking price and had been on the market an average of 198 days. That shows how averages can be a bit misleading – days on market for properties sales that closed last month ranged from 7 to 751.
7 single family houses sold in September for sale prices between $320,000 and $1,200,000. The median price was $606,000. Average days on market was 88 and houses sold for an average of 97% of asking price.
4 condos sold in Belmont in September 2010 for prices between $330,000 and $975,000. The median price paid was $619,500. Condos sold for an average of 98% of the asking price. Two of the condos were at the Woodlands and had been on the market for close to two years or more.
No Belmont multi-family sales closed in September.
Total value of Belmont properties sold in September was $7,193,000.
Info about Belmont propeteis sold in September 2010 is from MLSpin.