$2.2M  
The number of homes coming into the Belmont market climbed to 53 listings over the last 30 days, while sales remained right where they were as once again 18 homes were sold over the same period. Prices are rising in Belmont, and the median sales price this period increased from $173,975 to $225,500. Belmont is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:

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. With a median age of 68 years, homes in Belmont tend to be older than most. Leading the list of best schools in the neighborhood are Middle Years Alternative and Parkway West.
Comments:

$140K  
There have been 17 homes sold in the Belmont market over the last 30 days. During the same period, there were 50 new listings posted, the most since February. During the same time frame, City Center East county had the most new listings of any other close-by neighborhood with 105. However, a three-week downward trend in price reductions is expected to come to an end over the coming weeks. The median sales price jumped to $225,500 over the latest reporting period for Belmont, up from $122,450. Belmont is a solid buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$2.5M  
In this week's report, the number of homes sold in the Belmont market slid to 12 over the past 30 days. It marked a decrease of 40.0% from last week's report and a fall below the monthly average. In comparison, the Point Breeze neighborhood had 63 sales in the same time frame, the most of all neighborhoods in the area. The median sales price jumped to $106,900 over the latest reporting period for Belmont, up from $52,250. Along with the slip in sales, a relatively high 13 months of inventory indicates that Belmont is a definite buyer's market.
Comments:

$695K  
The number of homes coming into the Belmont market fell to 33 listings over the last 30 days, while sales remained right where they were as once again 19 homes were sold over the same period. The median sales price jumped to $59,500 over the latest reporting period for Belmont, up from $45,000. Belmont is a solid buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

Belmont is a smaller-than-average neighborhood in Philadelphia with a population of 3,596 residents. Also, it has an average density with 20,588.6 people per square mile. The Belmont market primarily consists of condos and townhouses, accounting for 14% of the current homes in the area. The best schools in the neighborhood are Middle Years Alternative and Parkway West.
Comments:

$217K  
With 19 homes sold in the Belmont market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 38 new listings for buyers to choose from. The median sales price of all transactions in Belmont did not budge this week, remaining at $45,000. Belmont is a definite buyer's market, thanks to a big eight months of inventory to choose from and the flat sales.
Comments:

$695K  
While home sales in the Belmont market have been above average, in this week's report they fell 21.7% to 18 homes sold over the last 30 days. Meanwhile, the Point Breeze neighborhood reported 84 home sales, the highest number from all of the surrounding neighborhoods. Prices are rising in Belmont, and the median sales price this period increased from $40,000 to $77,500. Belmont is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$2.5M  
Sales in the Belmont market rose to 21 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 38, which continues a budding upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Belmont, and for this period the median sales price slid from $56,249 to $42,500. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Belmont is still a strong buyer's market.
Comments:

$695K  
While home sales in the Belmont market have been above average, in this week's report they dropped 14.3% to 18 homes sold over the last 30 days. Within the same time frame, the Point Breeze neighborhood had 71 sales, the most of all neighborhoods in the area. The median sales price dropped to $56,249, down from last week's $67,500. Belmont is a strong buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:
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