Is Belvedere, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belvedere is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Belvedere was a Seller's Market.

Key Takeaway

Belvedere is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Belvedere, CA

How much do homes in Belvedere, CA cost?

Median Sold Price

$4,287,500

$1,486/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$137,500(-3.1%)

Key Takeaway

Homes in Belvedere have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in Belvedere was $4,287,500 in March 2024, down 3.1% from last year, and the median price per square foot was $1,486.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $7.8M-
N/A
2 $2.6M$1.8M
-32.1%
3 $3.4M$4.0M
+14.4%
4 $5.8M$4.5M
-20.9%
5+ $10.9M$6.1M
-43.4%

Summary: Belvedere housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.1%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes decreased by 43.4%.

Median Sold Price Compared To Nearby Cities

Belvedere Tiburon
+6.8%
Belvedere
-3.1%
Southeast Marin
-5.3%
Tiburon
-6.7%

Housing Supply in Belvedere, CA

How many homes are available in Belvedere, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1014+40.0%

Summary: The Belvedere real estate market had 14 homes for sale in March 2024, a 40.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 44
0.0%
5+ 04
+100.0%

Summary: The Belvedere housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belvedere, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Belvedere in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Belvedere, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Belvedere, CA

Nearby Markets to Belvedere, CA

What housing markets are near Belvedere, CA?