Buying and Selling a home in the Greater Boston Area

Avenue 3 Week in Review: Pending Sales & Belmont MA Real Estate

Posted by Avenue 3 Real Estate on Wed, Apr 4, 2012

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APRIL 4, 2012
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Week In Review

 

 Belmont MA Real Estate, Belmont MA Homes for Sale, Belmont MA Open Houses

 

The spring Belmont MA real estate market has begun and the recent Sunday open houses in Belmont MA have been very well attended!  Some of the reasons could be: still historically low mortgage interest rates, more "new" exciting inventory entering the market, the continued great weather we're experiencing and very motivated & qualified buyers!!!

 

A few interesting facts/numbers regarding the last 4 weeks for Belmont MA real estate:

 

Belmont Single Family Homes:

 

14 - number of units under agreement

 $745,400 - average list price

50 - average days on market

 

Belmont Condominium Homes:

 

16 - number of units under agreement

$615,356 - average list price

101 - average days on market

 

Belmont Multi - Family Homes:

 

1 - number of units under agreement

$569,000 - average list price

16 - average days on market

     

For a look at the current listings in Belmont MA click here: Avenue 3 Property Search


 

 And here are the pending sales for Belmont and all the Greater Boston communities we track ...

 

  Pending Sales March 25 - April 1

town last week previous week
Arlington 10 12
6 8
 Cambridge 21 27
Concord 3 7
 Lexington 15 3
Lincoln 3 2
Medford 14 11
Somerville 22 13
 Waltham 15 9
Watertown 12 8
 Winchester 12 8
BOSTON 160 144

 

Source:  MLSPIN

 

(Why is it important to for both Buyers and Sellers to follow the pending sales trend? Click on the button for the answers!)

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Topics: single family homes, buying a home in MA, Belmont MA, buying a home in Belmont MA, condos, pending sales, Multi-Family Homes, Greater Boston Communities

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