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Belmont Closed Escrows--Week ending July 10, 2008

With 46 homes for sale, Belmont's inventory is down this week. Twenty six more have a pending sale. Part of the reason the inventory is low this week is the number of new listings was ZERO. That's very unusual for the summer market.

Seven homes went into a pending sale status last week (all but one was under a million dollars) and another six homes closed escrow--two from our Carlmont Associates Brokerage (see below). One of our picks for the "Best Deal of the Week" on Carmelita closed escrow for $710,000--$11,000 over asking.

Belmont Closings--Week ending July 10, 2008

H1

2000 MONROE AV
Detached Single Family (Class 1)

3 bed(s) /2 1/2 bath(s)

3,920 sq ft

Belmont (Belmont)

$998,888

MLS: 80809927
H3

2503 CARMELITA AV
Detached Single Family (Class 1)

2 bed(s) /1 bath(s)

5,829 sq ft

Belmont (Belmont)

$699,000

MLS: 80809521

108 NORTHAMPTON LN
Detached Single Family (Class 1)

3 bed(s) /2 1/2 bath(s)

3,077 sq ft

Belmont (Belmont)

$875,000

MLS: 80810653
H2

1850 ALDEN ST
Detached Single Family (Class 1)

2 bed(s) /1 bath(s)

5,200 sq ft

Belmont (Belmont)

$798,800

MLS: 80813453

1836 EL VERANO WY
Detached Single Family (Class 1)

3 bed(s) /2 bath(s)

6,864 sq ft

Belmont (Belmont)

$799,999

MLS: 80814548

1500 EL VERANO WY
Detached Single Family (Class 1)

4 bed(s) /3 bath(s)

12,580 sq ft

Belmont (Belmont)

$1,325,000

MLS: 80804800

** Information contained on this report is designed for accuracy but is not guaranteed **

Posted Wednesday Jul 09