Belmont Real Estate Market Statistics – January 2009

The Belmont Real Estate Numbers for January 2009:

Belmont Massachusetts 78 properties were on the market in Belmont on January 31, 2009. The lowest priced property was listed for $250,000, the most expensive for $2,995,000. Average days on market was 166.

It was a quiet month in the Belmont real estate market as only 5 properties sold (closed) during January with an average sales price of $725,400.  Average days on market was 123.  These closed sales reflect real estate activity in November and December or before.  In Massachusetts it typically takes six to eight weeks from the time an offer is accepted for the transaction to close. Read the rest of this entry »

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Buying A Home in Belmont? Better Get A Parking Space

No Overnight ParkingIf you’re searching for a home or condo in Belmont, Massachusetts it’s important to pay careful attention to each property’s parking options. 

Overnight parking is prohibited in Belmont on all public and private ways.  The restriction applies to the hours of 1:00 a.m. to 7:00 p.m.

Most single families in Belmont will have driveway parking.  If you’re in the market for a condominium, however, parking options may be more varied.  If the property listing indicates that parking is included, you will want your attorney to review the condominium documents to confirm that you do in fact have the right to park in a legitimate assigned or deeded parking space.

What are the options if parking is not included with the property?

There are several parking lots in Belmont that allow overnight parking. Cars must be removed before 7 a.m.

  • Waverley Square municipal lot
  • Cushing Square municipal lot
  • Belmont Center municipal lot
  • Belmont Public School parking lots (Cars may not be parked at Chenery Middle School until after 9 pm)

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