BELMONT
SAN MATEO COUNTY
MONTHLY AREA REPORT
JULY 2018 | SINGLE FAMILY HOMES
Marilyn Porto
Direct: (650) 737-8178 | Cell: (650) 737-8178
mjporto@aol.com
http://mjporto.cbintouch.com/

SAN MATEO COUNTY | BELMONT    Share
MARKET SUMMARY
July 2018 | Single Family Homes
Market Month to Date Year to Date
Summary July 2018 July 2017 Percent Change Year-To-Date 2018 Year-To-Date 2017 Percent Change
New Listings 20 20 0%  127 131 -3.05% 
Sold Listings 20 15 33.33%  104 108 -3.7% 
Median Listing Price $1,698,000 $1,548,000 9.69%  $1,669,000 $1,498,000 11.42% 
Median Selling Price $1,870,000 $1,625,000 15.08%  $1,861,000 $1,654,000 12.52% 
Median Days on Market 10 11 -9.09%  10 9 11.11% 
List/Sell Price Ratio 105.7% 109.2% -3.21%  113.6% 110.2% 3.09% 
Average Listing Price $1,801,640 $1,571,866 14.62%  $1,728,745 $1,529,008 13.06% 
Average Selling Price $1,877,635 $1,719,313 9.21%  $1,932,859 $1,679,660 15.07% 
Average Days on Market 18 15 20%  16 16 0% 
SOLD AND NEW PROPERTIES (UNITS)
July 2018 | Single Family Homes
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

SAN MATEO COUNTY | BELMONT
MEDIAN SALES PRICE AND NUMBER OF SALES
July 2018 | Single Family Homes
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
July 2018 | Single Family Homes

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SAN MATEO COUNTY | BELMONT
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
July 2018 | Single Family Homes
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
July 2018 | Single Family Homes


Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

SAN MATEO COUNTY | BELMONT
PROPERTIES FOR SALE AND SOLD PROPERTIES
July 2018 | Single Family Homes
AVERAGE ASKING/SOLD/UNSOLD PRICE
July 2018 | Single Family Homes
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

SAN MATEO COUNTY | BELMONT
ABSORPTION RATE
July 2018 | Single Family Homes
MONTHS SUPPLY OF INVENTORY
July 2018 | Single Family Homes
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

The statistics presented in the Area Report are compiled based on figures and data generated by IDC Global and may not be completely accurate. All information should be independently verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Not intended as a solicitation if your property is already listed by another broker. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company.
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