What's the market like in Belmont, CA 94002?

What's the market like in Belmont CA 94002?

With the Labor Day weekend behind us, kids back in school, vacations winding down I'm often asked about the real estate market, and whether or not houses are selling.

Today, we'll take a look in Belmont California where there are:

• 45 active listings, priced between $479,000 and $1,995,000
  
• 24 pending sales, priced between $449,950 and $1,860,000
• 10 homes that have closed escrow since July 15

One of those pending sales, at 2209 Cipriani, is ready to close escrow today, if the County can accommodate a special recording, otherwise we need to wait until Monday. Not only will an excited new buyer be moving into 2209 Cipriani, I'm showing 2 Belmont properties to buyers tomorrow.

I'm working with 3 other buyers, all looking on the mid-Peninsula or Silicon Valley, and getting a San Carlos house ready to come on the market on Monday.

In my opinion, the market is moving right along, without showing signs of stopping.