Belmont: Is it a Buyer's or Seller's Market?

Belmont: Is it a Buyer's or Seller's Market?

The headline says 'Market Cooling,' but in Belmont, it still feels pretty hot. Let's look at the data.

The Numbers

Absorption Rate: How long would it take to sell all current homes? In Belmont, we are still under 2 months of inventory (a 'balanced' market is 6 months). The Verdict: It is still a slight Seller's Market. Demand for the school district remains high enough to keep competition steady.

Buyer Advantage

Unlike last year, you likely won't have to compete with 20 other offers. You have more time to breathe and do your due diligence.

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