You often hear the phrase “seller’s market”. Most people would say that this means the sellers are exerting their desire for higher prices over the buyers, who wish to pay less. The use of this phrase does not help understand Belmont real estate. The…
Buyer’s Market vs. Seller’s Market In Belmont
You often hear the phrase “seller’s market”. Most people would say that this means the sellers are exerting their desire for higher prices over the buyers, who wish to pay less. The use of this phrase does not help understand Belmont real estate. The…
Belmont Real Estate Trends
The plot of both average and median quarterly Belmont house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the Belmont real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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