$275K  
Price reductions have decreased in the Belmont market, reaching a low that hasn't been seen since July. With the market heading toward a higher price point, there were 12 homes sold over the last 30 days. During the same time frame, Point Breeze county had the most of any other close-by neighborhood with 46 price reductions. The median sales price rose dramatically to $93,250, and there are a fairly average four months of inventory left to be sold.
Comments:

$180K  
The Belmont market showed strong improvement this week as sales climbed 22.2% to reach 11 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. In comparison, the Point Breeze neighborhood had 45 sales in the same time frame, the most of all neighborhoods in the area. The median sales price dropped dramatically to $30,000, down from last week's $177,500.
Comments:

$110K  
In this week's report, the number of homes sold in the Belmont market dropped to seven over the past 30 days, a decrease of 12.5% from last week's report. Within the same time frame, the Point Breeze neighborhood had 47 sales, the most of all neighborhoods in the area. Prices are rising in Belmont, and the median sales price this period increased from $47,450 to $177,500. Along with the slip in sales, a relatively high eight months of inventory indicates that Belmont is a strong buyer's market.
Comments:

$519K  
Belmont has a cost of living adjustment score of 103.9, which is average when compared to others in Philadelphia. Also, the area is considered much less affluent than average with a median income of $20,011 per household. Belmont is made up of homes that are considered older than most with a median of 68 years. Leading the list of best schools in the neighborhood are Middle Years Alternative and Parkway West.
Comments:

$519K  
The number of home sales in the Belmont market climbed 14.3% to eight homes over the last 30 days, coming close to the 10.1 monthly average for the last 12 months. At the same time, the City Center East neighborhood reported 49 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices are coming down in Belmont, and for this period the median sales price slid from $65,000 to $47,450. Belmont is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$110K  
Sales numbers in the Belmont market remain the same with six homes sold over the last 30 days and the market still shows a solid trend downward overall. Pricing in Belmont remains consistent from last week to this week, with the median sales price at $102,500 again. Belmont is a definite buyer's market, due to a downward trend in sales numbers and 11 months of inventory remaining.
Comments:

$499K  
In this week's report, the number of homes sold in the Belmont market dropped to five over the past 30 days, a decrease of 37.5% from last week's report. Within the same time frame, the City Center East neighborhood had 52 sales, the most of all neighborhoods in the area. Prices are rising in Belmont, and the median sales price this period increased from $92,000 to $140,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that Belmont is a definite buyer's market.
Comments:

$499K  
With eight homes sold in the Belmont market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with 16 new listings for buyers to choose from. The median sales price of all transactions in Belmont did not budge this week, remaining at $92,000. Belmont is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$110K  
Over the last 30 days, seven homes were sold in the Belmont market, holding even with last week's numbers. However, the market is still in an emerging downward trend overall. Prices are rising in Belmont, and the median sales price this period increased from $58,000 to $140,000. Belmont is a definite buyer's market, due to a downward trend in sales numbers and 11 months of inventory remaining.
Comments:

$519K  
Belmont is a smaller-than-average neighborhood in Philadelphia with 3,596 residents. Also, it has an average density with 20,588.6 people per square mile. The Belmont market almost exclusively consists of condos and townhouses, accounting for 3% of the current homes in the area. Leading the list of best schools in the neighborhood are Middle Years Alternative and Parkway West.
Comments:
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