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Aerial view of Belmont, September 2019Photo: Pi.1415926535 · CC BY-SA 3.0
Housing in Belmont

180 homes sold in Belmont in the last year, at a typical $2.2M

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Belmont homes are listed.

Homes sold
180
June 2025 to May 2026
Typical sale price
$2.2M
houses $2.3M · condos $829K
Price per square foot
$1,227
California $504
Paid vs. asking
105.1%
64% sold over asking
For sale now
34
May 2026 · 21 sold that month
What sold · last 12 months

8% of Belmont’s sales are condos, at $1.5M less than a house

155 houses and 15 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$2.3M

typical sale · 155 sold in 12 months

Per square foot
$1,289CA $494
Days to sell
15
Sold over asking
68%
Listings with a price cut
34%
Condos$829K

typical sale · 15 sold in 12 months

Per square foot
$773CA $561
Days to sell
168
Sold over asking
20%
Listings with a price cut
42%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $1.8M
Townhouses: 8 sold, typical $1.7M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.5 times the 2016 price

180 sales in the last year, against 313 in 2021 and a low of 156 in 2023. The typical sale went from $1.4M in 2016 to $2.2M.

Homes soldTypical sale price
087175262350$1.2M$1.6M$2.1M$2.5M2012: 269 sold, typical $888K’122013: 295 sold, typical $1M2014: 263 sold, typical $1.2M’142015: 230 sold, typical $1.5M2016: 220 sold, typical $1.4M’162017: 243 sold, typical $1.6M2018: 227 sold, typical $1.8M’182019: 220 sold, typical $1.7M2020: 206 sold, typical $1.9M’202021: 313 sold, typical $2.1M2022: 192 sold, typical $2.3M’222023: 156 sold, typical $2M2024: 216 sold, typical $2.2M’242025: 187 sold, typical $2.3MLast 12 months: 180 sold, typical $2.2MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $2M buys in Belmont

Houseat $1,289 a sq ft
Condoat $773 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Belmont homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Belmont are rarer than before the pandemic, with about as many homes for sale

We read every month of Belmont’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 180 sales.

If you’re buying in Belmont

  • Shop in August. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (72% over asking).
  • You can negotiate. 32% of listings have cut their price, against 18% before the pandemic.
  • Expect to bid over asking. Buyers paid 105.1% of the list price on average; 64% paid over.
  • Move fast on good ones. 55% of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 25 a month), and the most competition: 81% close over asking. July and August offer nearly as much choice with fewer homes bid up (73%). December has the least competition (62%) but only about 5 new listings.

New listings a monthShare sold over asking
06.312.518.82533%67%100%Sweet spotJan: 16 new listings a month, 65% sold over asking, 28 days to sellJFeb: 18 new listings a month, 75% sold over asking, 10 days to sellFMar: 24 new listings a month, 77% sold over asking, 13 days to sellMApr: 25 new listings a month, 81% sold over asking, 11 days to sellAMay: 24 new listings a month, 80% sold over asking, 12 days to sellMJun: 21 new listings a month, 79% sold over asking, 12 days to sellJJul: 21 new listings a month, 73% sold over asking, 14 days to sellJAug: 24 new listings a month, 72% sold over asking, 14 days to sellASep: 23 new listings a month, 73% sold over asking, 15 days to sellSOct: 21 new listings a month, 73% sold over asking, 14 days to sellONov: 13 new listings a month, 71% sold over asking, 15 days to sellNDec: 5 new listings a month, 62% sold over asking, 25 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

Belmont now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price64%76%82%36%
Gone within two weeksShare of homes under contract within 14 days55%59%70%31%
Listings with a price cutShare of homes for sale that cut their price32%18%15%24%
Price paid vs. askingAverage sale price ÷ list price105.1%108.2%111.4%99.7%
Days to sellMedian days from listing to contract16151044
Supply

20 homes for sale on a typical day

That’s 1.6 times the 2015 low (12), about the 2017–19 level and well under 2012’s 29.

2012: 29 for sale’122013: 17 for sale2014: 17 for sale2015: 12 for sale’152016: 18 for sale2017: 15 for sale2018: 18 for sale’182019: 24 for sale2020: 23 for sale2021: 16 for sale’212022: 18 for sale2023: 13 for sale2024: 18 for sale’242025: 17 for saleLast 12 months: 20 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 18% in 2017–19 and 24% across California. More sellers are pricing high and coming down.

2015: 16%’152016: 23%2017: 13%2018: 19%’182019: 20%2020: 20%2021: 15%’212022: 27%2023: 29%2024: 18%’242025: 25%Last 12 months: 32%Now
Prices by type

Since 2019, houses are up 35%, condos -27%

A house typically sold for $2.3M in the last year (155 sales), a condo for $829K (15).

$950K$1.5M$2.1M$2.6M2013201520172019202120232025NowHouses 2013: $1.1M, 265 salesHouses 2014: $1.3M, 225 salesHouses 2015: $1.5M, 202 salesHouses 2016: $1.5M, 193 salesHouses 2017: $1.7M, 216 salesHouses 2018: $1.8M, 190 salesHouses 2019: $1.7M, 177 salesHouses 2020: $1.9M, 180 salesHouses 2021: $2.2M, 254 salesHouses 2022: $2.4M, 154 salesHouses 2023: $2.1M, 134 salesHouses 2024: $2.4M, 175 salesHouses 2025: $2.4M, 161 salesHouses last 12 months: $2.3M, 155 salesHouses $2.3MCondos 2013: $546K, 20 salesCondos 2014: $483K, 19 salesCondos 2015: $624K, 18 salesCondos 2016: $650K, 15 salesCondos 2017: $729K, 15 salesCondos 2018: $1M, 24 salesCondos 2019: $1.1M, 32 salesCondos 2020: $920K, 22 salesCondos 2021: $753K, 40 salesCondos 2022: $886K, 32 salesCondos 2023: $995K, 15 salesCondos 2024: $823K, 21 salesCondos 2025: $816K, 19 salesCondos last 12 months: $829K, 15 salesCondos $829K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Belmont ranks 11th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Belmont is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Belmont

Five things worth knowing

25

New listings in April

The month with the most choice. December has the fewest, about 5.

Best time to buy
A+

Schools

The schools grade for Belmont, from test results, graduation and how much students grow.

Schools in Belmont
29 min

Typical commute

The average one-way trip to work for people who live in Belmont.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

San Mateo and Foster City sell for less a square foot

The busier markets within 25 miles of Belmont, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
San Mateo837$1.6M$1,04054%18
San Carlos328$2.4M$1,28255%15
Foster City227$1.6M$94850%25
Belmont180$2.2M$1,22764%16
Emerald Lake Hills47$3.4M$1,20747%166
Highlands29$2.6M$1,40869%17
Baywood Park26$2.8M$1,34673%44

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

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Questions about buying a home in Belmont

What do homes sell for in Belmont, CA?

180 homes sold in the year to May 2026 at a typical $2.2M, $1,227 a square foot. Houses sold for about $2.3M, condos for about $829K.

Is Belmont a buyer’s or seller’s market?

A seller’s market: 34 homes were for sale in May 2026 and 21 sold, about 1.6 months of supply. Buyers paid 105.1% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Belmont?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Belmont?

Zillow, Redfin, Realtor.com and Homes.com all carry Belmont’s MLS listings; the search links above open each one filtered to Belmont.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).