Profile of a Belmont Home Sale - 2011
By Drew & Christine Morgan, Belmont California Real Estate
(RE/MAX Star Properties)
What was the profile of the average home that sold in Belmont last year? The average home which sold had three bedrooms, two baths was 1,925 square feet in size and was located on a 6,430 square foot lot It sold for $879,450 in 44 days BELMONT STATISTICS for 2011 There were 186 single family home sales in 2011 The average time a home was on the market before the seller received an offer was 44 days 32% of Belmont homes sold over the asking price in just 19 days 11% sold at the seller’s asking price in 29 days 57% sold under the asking price and took 60 days to do so 103% was the percent of the asking price the sellers received who sold their homes in 19 days 96% was the percent of asking the sellers whose homes were overpriced received in 60 days It becomes abundantly clear that ...
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