$519K  
While home sales in the Belmont market have been above average, in this week's report they fell 7.1% to 13 homes sold over the last 30 days. Meanwhile, the Point Breeze neighborhood reported 52 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $58,000 over the latest reporting period for Belmont, down from $64,000.
Comments:

$550K  
The Belmont market is enjoying a determined upward trend, even as sales fell 6.7% this week to 14 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should take note that the median sales price in Belmont rose to $64,000 and that there are four months of inventory still available.
Comments:

$519K  
Belmont is a smaller-than-average neighborhood in Philadelphia with a population of 3,596 residents, and it has an average density compared to the rest of the city, with 20,588.6 people per square mile. The Belmont market almost exclusively consists of condos and townhouses, accounting for 0% of the current homes in the area. The top schools in the neighborhood are Middle Years Alternative and Parkway West.
Comments:

$250K  
Despite a determined downward trend in sellers reducing price, including 10 markdowns over the last 30 days, sales in the Belmont market rose to 14 over the same stretch of time. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $81,450 this week.
Comments:

$110K  
The Belmont market slowed this week but was still better than normal as sales slid 21.4% to 11 homes sold over the last 30 days. On the other hand, the close-by Point Breeze neighborhood registered 40 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price tumbled to $53,000, down from last week's $94,250.
Comments:

$550K  
The Belmont market has established a confirmed upward trend, even as sales fell 7.7% this week to 12 homes over the last 30 days. Potential buyers should note that prices went up in Belmont, with the median for this period rising from $33,000 to $38,000.
Comments:

$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:
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