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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belvedere is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Belvedere is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belvedere, CA

How much do homes in Belvedere, CA cost?

Median Sold Price

$5,077,000

$1,517/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$652,000(+14.7%)

Key Takeaway

Homes in Belvedere have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in Belvedere was $5,077,000 in April 2024, up 14.7% from last year, and the median price per square foot was $1,517.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $7.8M-
N/A
2 $4.6M$3.4M
-26.4%
3 $3.3M$4.0M
+17.7%
4 $4.6M$5.2M
+13.7%
5+ $10.9M$6.4M
-40.7%

Summary: Belvedere 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 decreased by 26.4%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 40.7%.

Median Sold Price Compared To Nearby Cities

Belvedere
+14.7%
Belvedere Tiburon
+11.9%
Tiburon
0.2%
Southeast Marin
-2.5%

Housing Supply in Belvedere, CA

How many homes are available in Belvedere, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1417+21.4%

Summary: The Belvedere real estate market had 17 homes for sale in April 2024, a 21.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 54
-20.0%
5+ 47
+75.0%

Summary: The Belvedere 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 decreased by 20%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Belvedere in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 28 Days Ago

Newest Listings in Belvedere, CA

Nearby Markets to Belvedere, CA

What housing markets are near Belvedere, CA?