Belmont Home Sales – March 2010

Belmont MA Home Sales

Belmont MA Home Sales

Belmont Mass Real Estate Activity – February 2010  It’s March already – complete with snow falling on forsythias today. Here’s a look at last month’s real estate activity in Belmont, Mass. 

Belmont Homes On The Market:

79 homes were listed for sale in Belmont on March 31, 2010 for prices ranging from $159,900 to $2,940,000.  Homes had been on the market an average of 128 days.

Belmont MA Real Estate Sales in March 2010:

10 homes sold  in Belmont in March.  Properties had been on the market an average of 141 days and sold for an average of 97% of list price.  

5 single family homes sold in March for prices from $465,000 to $715,000.  The median price was $626,560. Average days on market was 78 and houses sold for an average of 97% of asking price.

4 Belmont condos sold in March 2010  for prices between $335,000 and $850,000.  The median price was $432,500.   Condominiums sold for an average of 98% of asking price.

1 two-family house sold last month for $608,000. 

Total value of Belmont MA real estate sold in March was $5,605,850.

Also see:

BELMONT MA REAL ESTATE ACTIVITY – Feb. 2010

 

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Info about Belmont home sales  in March 2010 is  from MLSpin.

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Belmont Mass Real Estate Activity – February 2010

Belmont Mass Real Estate Activity

Belmont Mass Real Estate Activity

Belmont Mass Real Estate Activity – February 2010  It’s March already – complete with snow falling on forsythias today. Here’s a look at last month’s real estate activity in Belmont, Mass. 

Belmont Homes On The Market:

65 homes were listed for sale in Belmont on February 28, 2010 for prices ranging from $159,900 to $2,275,000.  Homes had been on the market an average of 172 days.

Belmont MA Real Estate Sales in February 2010:

9 homes sold  in Belmont in February.  Properties had been on the market an average of 145 days and sold for an average of 100% of the asking price.  

4 single family homes sold in February for prices from $440,000 to $654,000.  The median sales price was $602,500.  Houses were on the market an average of 70 days and sold for an average of 97% of asking price.

4 Belmont condos sold in February 2010  priced betwee $375,000 and $790,000.  The median price was $485,800.   Condominiums sold for an average of 97% of list price.

1 multi-family property sold last month.  It was a bank-owned two-family. The asking price was $349,900. The sales price was $425,000. 

Total value of Belmont MA real estate sold in February was $4,860,600.

Also see:

BELMONT MA REAL ESTATE ACTIVITY – JAN. 2010

 

belmont-real-estate-search1

 

Info about Belmont Mass. real estate activity is  from MLSpin.

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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.

Also see:

BELMONT MA HOME SALES IN 2009

 

belmont-real-estate-search1

 

Belmont MA real estate sales info is  from MLSpin.

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Documenting Belmont Buildings Destined for Demolition

26 Harris St, Belmont, MA

26 Harris St, Belmont, MA

 Documenting Belmont Buildings Destined for Demolition  Have you ever noticed how difficult it is to visualize a building once it’s gone?

This happens to me even on streets I drive down every day.

When all that’s left is a gaping cellar hole, or there’s a new building on the lot where an old one once stood – you scratch your head and ask “What was here before?”

And in recent years with teardowns becoming all too frequent our architectural memory becomes even more fractured.

The Belmont Historical Society has started a project to photograph the houses destined for demolition.

566 Trapelo Rd in Waverly Square

566 Trapelo Rd in Waverly Square

The program began in 2008 and I would imagine was prompted in part by the outcry about the Belmont Hill School’s demolition of  what may have been New England’s first Modernist house, designed by architect Eleanor Raymond.

There are only two photographs on the Society’s webpage for the project, both from 2008.  Perhaps with the real estate market upheaval demolitions paused in Belmont in 2009 – I don’t know. Hopefully the project is ongoing.

Check out the photos of demolished Belmont houses on the Belmont Historical Society’s website.  One is a sweet bungalow, the other a two-story mansard with turret in Waverley Square.  The buildings that replaced them can be seen at right

Not that a photograph is enough. But it’s a start.  And maybe with enough Before and Afters we’ll think a little longer about allowing our older, smaller houses to disappear one by one.

 

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Belmont MA Home Sales In 2009 and 2008

Welcome to the Belmont Real Estate Year End Review

Welcome to the Belmont Real Estate Year End Review

Here’s the annual review of Belmont MA Home Sales with numbers for 2009 and 2008. Sales info is pulled from the MLS, the Multiple Listing System. 

Belmont MA real estate sales in 2009 bucked local trends.  The number of residential properties sold in 2009 increased by more than 13%. 

Condo sales (and condo sales prices) were essentially flat.  The bulk of the increase in sales came through single family home sales – the number of single families sold in Belmont increased by well over 20% in 2009. 

At the same time the median price for single family homes dipped by 6.5%.  Part of this shift may be because a higher percentage of houses sold in 2008 consisted of homes sold for more than $1,000,000.

At the end of 2009 only 47 homes were on the market in Belmont, substantially fewer than at the end of 2008 when 71 homes were listed for sale.

 

Given the encouraging sales in Belmont and the low inventory  (low inventory = less competition and more enthusiastic buyers) it’s a really good time to put your Belmont home on the market.

 

Belmont MA Real Estate Recap

Properties sold in Belmont:

  • In 2009: 243 (+13.56%)
  • In 2008: 214

Average days on market:

  • 2009: 93 (-7.0%)
  • 2008: 100

Total value of real estate sales:

  • 2009: $152,079,929 (+6.89%)
  • 2008: $142,278,688

Homes sold for:

  • 2009: An average of 97% of asking price and a median price of $555,000 (-6.91%)
  • 2008: An average of 97% of asking price and a median price of $596,195

Belmont Single Family Homes Sold

  • 2009: 148 (+23.34%)
  • 2008: 120

Lowest to highest prices for single family homes:

  • 2009: $338,500 to $2,200,000
  • 2008: $342,000 to $2,600,000

Median price of single family houses sold in Belmont:

  • 2009: $648,500 (-6.52%)
  • 2008: $693,725

On average, single families:

  • In 2009: were on the market 94 days & sold for 97% of asking price
  • In 2008: were on the market 81 days & sold for 96% of asking price

Belmont Condo Sales

  • 2009: 66 (-2.95%)
  • 2008: 68

Price range for condos:

  • 2009: $205,000 to $1,305,375
  • 2008: $190,000 to $1,185,000

Median price of Belmont condominiums sold:

  • 2009: $366,000 (+1.11%)
  • 2008: $362,000

On average, Belmont condos:

  • In 2009: were on the market 106 days and sold for 97% of list price
  • In 2008: were on the market 139 days and sold for 97% of list price

 Belmont Multi-Family Sales

  • 2009: 29 (+11.54%)
  • 2008: 26

Price range for multi-family properties:

  • 2009: $350,000 to $830,000
  • 2008: $290,000 to $770,000

Median price of multi-family houses sold:

  • 2009: $550,000 (-.68%)
  • 2008: $553,750

On average, Belmont multi-families:

  • In 2009: were on the market 62 days and sold for 96% of list price
  • In 2008: were on the market 82 days and sold for 97% of list price

 

And here’s our last monthly report for 2009 –  Belmont MA homes sold during December.

Homes On The Market in Belmont:

47 homes were listed for sale in Belmont on Dec. 31, 2009 for prices from $159,900 to $2,275,000.  Homes had been on the market an average of 173 days.

Belmont MA December 2009 Home Sales:

19 homes sold  in Belmont in the month of December.  Properties had been on the market an average of 78 days and sold for an average of 97% of the asking price. 

12 single family homes sold in December priced between $450,000 and $1,800,000.  The median sales price was $708,500.  Houses were on the market an average of 98 days and sold for an average of 96% of list price.

6 Belmont condos sold in Dec. 2009  for prices ranging from $265,000 to $465,000.  The median sales price was $372,000.   Condominiums sold for an average of 98% of asking price and were on the market an average of 50 days.

Just one multi-family house sold last month for $598,000. 

Total value of Belmont MA Dec. 2009 real estate sales was $13,280,650.

Also see:

BELMONT MA REAL ESTATE SOLD IN NOV 2009

 

belmont-real-estate-search1

 

 Data about Belmont MA real estate sales  from MLSpin.

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Belmont Homes Sold In Nov. 2009

Welcome to the Belmont MA Homes Sold Report

Welcome to the Belmont MA Homes Sold Report

Here’s a look back at Belmont MA homes sold in the month of November 2009.

Belmont Homes On The Market:

87 homes were listed for sale in Belmont on November 30, 2009 for prices from $179,900 to $2,275,000.  Homes had been on the market an average of 152 days.

Belmont MA Homes Sold in November 2009:

22 homes sold  in Belmont in November.  Properties had been on the market an average of 83 days and sold for an average of 97% of the asking price. 

12 single family homes sold in November for prices from $455,000 to $1,495,000.  The median sales price was $674,000.  Houses were on the market an average of 60 days and sold for an average of 96% of list price.

7 Belmont condos sold in November 2009  for prices ranging from $205,000 to $620,000.  The median price was $353,000.   Condominiums sold for an average of 98% of asking price.

3 multi-family homes sold last month for $350,000, $550,000 and $698,000. 

Total value of Belmont MA real estate sold in November was $13,274,130.

Also see:

BELMONT MA HOMES SOLD IN OCTOBER 2009

 

belmont-real-estate-search1

 

 Data about Belmont MA real estate sales  from MLSpin.

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Bye Bye Brigham’s – Restaurants Closing

Belmont Brigham's Still Open

Belmont Brigham's Still Open

Brigham’s Restaurants Closing   The abrupt recent closing of the Brigham’s in Boston’s Financial District didn’t seem to bode well for the the rest of the chain’s restaurants.  Sure enough, the Arlington Brigham’s shop on Mill Street has been shuttered and the Globe reported that many of the other locations will be closing.

 

Bummer! While Brigham’s hasn’t been what it used to be, with local shops offering a limited version of the restaurant, it’s still a decent place for a burger finished off with the tastiest of ice cream – Mocha Almond.  And the Financial District restaurant was my old stomping grounds – when I worked in Post Office Square I’d get my lunch there – tuna on white, a lemonade, and vanilla ice cream – an all white meal before we knew that wasn’t necessarily a good thing – but it sure hit the spot.

Brigham’s is a long time local favorite – the company started in Massachusetts over 90 years ago and the ice cream was manufactured in Arlington.  HP Hood has owned the ice cream operation since last year and will continue to sell the prepackaged ice cream in supermarkets. 

Turns out, according to an employee behind the counter, that the Belmont Brigham’s by the Oakley Country Club is independently owned so will remain open. Hurrah! They make a great burger, there are lots of booths, and the hand scooped ice cream is delicious.  And a reader alerted me to the fact that the Arlington Heights Brigham’s has the same owner so that bodes well for our other local hangout.  And restaurants that serve Brigham’s ice cream, like Colleen’s in Medford Square, won’t be affected by the chain’s difficulties.

When I stopped by this weekend the Belmont shop was busier than ever – I think people were stopping by for what they thought was their last cone or hamburger. Keep coming back – support your local Brigham’s!

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Belmont Real Estate Sales – October 2009

Welcome to the Belmont MA Real Estate Sales Report

Welcome to the Belmont MA Real Estate Sales Report

Here’s a look back at Belmont MA real estate sales in the month of October 2009.

Belmont Real Estate On The Market:

98 homes were listed for sale in Belmont on Oct. 31, 2009 priced between $179,900 and $2,275,000.  Average days on market was 135.

Belmont MA Home Sales in October 2009:

21 homes sold  in Belmont in October.  Properties had been on the market an average of 112 days and sold for an average of 97% of the list price. 

14 single family homes sold in October priced between $385,000 to $935,000.  The median sales price was $606,000.  Houses were on the market an average of 65 days and sold for an average of 97% of list price.

5 Belmont condos sold in October 2009  for prices ranging from $305,000 to $1,305,375.  The median price paid was $410,000.   Condominiums sold for an average of 97% of asking price.

2 multi-family houses sold last month for $669,000 and $830,000. 

Total value of Belmont MA real estate sold in October was $13,776,283.

Also see:

BELMONT MA HOMES SOLD IN SEPTEMBER 2009

 

belmont-real-estate-search1

 

 Data about Belmont MA real estate sales  from MLSpin.

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