Is Belvidere, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Belvidere has remained a Seller's Market.
Key Takeaway
Belvidere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belvidere, MA
How much do homes in Belvidere, MA cost?
Median Sold Price
$571,250
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Belvidere have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Belvidere was $571,250 in April 2024, up 15.4% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | - | N/A |
| 2 Bedrooms | $334K | $491K | +47.0% |
| 3 Bedrooms | $492.5K | $557.9K | +13.3% |
| 4 Bedrooms | $530K | $600K | +13.2% |
| 5+ Bedrooms | $639.5K | $749.4K | +17.2% |
Summary: Belvidere housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 17.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Belvidere | $495K | $571.2K | +15.4% |
| Centralville | $415K | $430K | +3.6% |
Housing Supply in Belvidere, MA
How many homes are available in Belvidere, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The Belvidere real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Belvidere housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belvidere, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Belvidere in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.
Days on Market for Belvidere, MA
How long does it take to sell a home in Belvidere, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 24 Days | +8.8% |
Summary: Homes in Belvidere had an average of 24 days on market in Apr 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belvidere are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Belvidere; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
