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Belmont MA Home Sales In 2009 and 2008
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
Data about Belmont MA real estate sales from MLSpin.
Belmont Homes Sold In Nov. 2009
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
Data about Belmont MA real estate sales from MLSpin.
Bye Bye Brigham’s – Restaurants Closing
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!
Belmont Real Estate Sales – October 2009
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
Data about Belmont MA real estate sales from MLSpin.
Belmont MA Home Sales – Sept. 2009
Welcome to the Belmont MA Home Sale Report
Here’s a look back at Belmont MA home sales during September 2009.
Homes On The Market In Belmont:
100 homes were listed for sale in Belmont on Sept. 30, 2009 for asking prices between $179,900 and $2,300,000. Average days on market was 141 days.
Belmont MA Home Sales in September 2009:
17 homes sold in Belmont in September. September home sales reflect properties that had accepted offers during the summer, traditionally a slower time of the year for real estate. These house had been on the market an average of 71 days and sold for an average of 94% of the asking price.
9 single family houses sold in September for sale priced between $550,000 to $2,200,000. The median sales price was $655,000. Average days on market was 100 and houses sold for an average of 94% of asking price.
3 Belmont condos sold in September 2009 for $390,000, $431,100, and $646,000. Condominiums sold for an average of 97% of asking price.
5 multi-family properties sold last month for prices between $456,000 and $657,000. These properties had been on the market an average of just 15 days and sold for an average of 98% of list price.
Total residential sales volume for September was $11,593,100.
Also see:
BELMONT MA HOMES SOLD IN AUGUST 2009
Data about Belmont MA home sales from MLSpin.
Belmont Homes Sold in August 2009
Welcome to the Belmont MA real estate review
It’s time to look back at Belmont home sales last month. Here’s the review of Belmont homes sold during August 2009.
On Market Snapshot:
103 homes were listed for sale in Belmont on August 31, 2009 priced between $209,000 and $2,295,000. Homes have been on the market an average of 158 days.
Belmont Homes Sold in August 2009:
36 residential properties sold in Belmont during the month of August. The average sales price was $542,006 and the median sales price was $510,850. Average days on market was 66. Properties sold for an average of 98% of list price.
22 Belmont single family homes sold in August for sale prices ranging from $357,000 to $1,195,000. The median sales price for a single family home was $612,500. Average days on market was 60. In August single family houses in Belmont sold for an average of 98% of asking price.
12 Belmont condos sold in August. Condominiums sold for prices between $219,500 and $463,000. The median condo sales price was $308,000. Condos were on the market an average of 77 days and sold for an average of 98% of asking price.
2 Belmont multi-family properties sold in August 2009 for $715,000 and 741,000. Average days on market was 74. The houses sold for an average of 97% of asking price.
Total residential sales volume for August was $19,512,200.
Check out last month’s Belmont real estate activity here:
BELMONT REAL ESTATE MARKET IN JULY 2009
Data about homes sold in Belmont MA from MLSpin.
July 2009 Belmont MA Real Estate Market
Welcome to the Belmont Real Estate Market Report
Time for another market report – here’s a look at the July 2009 Belmont MA Real Estate Market.
On Market Snapshot:
97 homes were listed for sale in Belmont on July 31, 2009. The least expensive was listed for $209,000 and the highest asking price was $2,345,000. The average days on market was 158.
Belmont Real Estate Sales in July:
34 residential properties sold in Belmont during July. The average sales price was $668,121 and the median sales price was $592,500. Average days on market was 105. Houses sold for an average of 98% of list price.
24 Belmont single family homes sold in July for sale prices ranging from $400,000 to $1,365,000. The median sales price for a single family home was $657,500. Average days on market was 105. Single family houses in Belmont sold for an average of 97% of asking price in July.
7 Belmont condos sold in July. Condominiums sold in a wide price range with sale prices between $260,000 and $1,175,000. The median condo sales price was $409,500. Average days on market was 111. Condos sold for an average of 99% of asking price.
3 Belmont multi-family properties sold in July 2009 for $525,000, $555,000 and $565,000. Average days on market was 87. Multi-families sold in July for an average of 97% of asking price.
Total residential sales volume for July was $22,716,100.
Check out last month’s Belmont real estate activity here:
BELMONT REAL ESTATE MARKET IN JUNE 2009
Data about Belmont MA real estate market activity for July 2009 data from MLSpin.
Belmont Real Estate Market Report – June 2009
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:
BELMONT REAL ESTATE MARKET IN MAY 2009
BELMONT MARKET REPORT FOR JULY 2009
Data about Belmont real estate market activity for June 2009 data from MLSpin.
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