Belmont, Massachusetts is located 8 miles northwest of downtown Boston, MA on 4.6 square miles of land. Settled in 1630 and incorporated as a town in 1859, Representative Town Meeting is the style of governance. With a population of 24,729 residents, average household size is 2.54 persons and median household income s $ 105,859. Of 10,184 total housing units, 60% are owner-occupied, 35% rented and 5% vacant. The Fiscal Year 2020 residential tax rate for Belmont, MA is 11.00%.
Sources: U.S. Census Bureau 2010-2014; Town of Belmont, MA; MLS Pinergy®
Residential Sales: Belmont, MA
Comparison of market statistics for residential sales of Condo, Single Family, and Multi-Family properties in Belmont, MA by Tamela Roche, Realtor®.
| # Sold | Avg. Sale $ | Median Sale $ | SP:OP | |
| Condo | ||||
| YE 2018 | 85 | $709,388 | $673,000 | 102% |
| YE 2019 | 75 | $761,818 | $674,000 | 99% |
| Single Family | ||||
| YE 2018 | 146 | $1,292,110 | $1,160,000 | 105% |
| YE 2019 | 155 | $1,276,055 | $1,140,000 | 99% |
| Multi-Family | ||||
| YE 2018 | 29 | $1,037,517 | $1,000,000 | 103% |
| YE 2019 | 35 | $959,011 | $975,000 | 98% |
SP:OP = Sales Price to Original Price Ratio. Data Source: MLS Pinergy®
©2020 Intellectual property of Tamela Roche, all rights reserved.
Residential Inventory: Belmont, MA
Comparison of the total number of Condo, Single Family, and Multi-Family homes listed for sale in Belmont, MA by Tamela Roche, Realtor®.
| YE 2018 | YE 2019 | |
| Condo: | 96 | 104 |
| Single-Family: | 170 | 187 |
| Multi-Family | 38 | 43 |
Data Source: MLS Pinergy®
©2020 Intellectual property of Tamela Roche, all rights reserved.
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