Monthly market wrap MONTHLY MARKET WRAP Belmont All home types · May 2026 The Belmont market eased in May: most key signals moved the buyer's way. Median sale price $2.3M ▼ -0.9% vs Apr Time to pending 19d ▲ 7 days slower vs Apr Sold over asking 57% ▼ -18 pts vs Apr Active listings 34 ▼ -15.0% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Belmont All home types · May 2026 Most Belmont homes are still selling over asking (57%). Price to invite competition. 104.7% average sale price vs. asking price Sold over asking 57% vs. a year ago -6 pts 107.4% 104.5% 101.6% Sold at asking price 104.7% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Belmont All home types · May 2026 The typical Belmont home closes +4.7% above its asking price. +$50K median sale price minus asking price Median asking price $2.25M Median sale price $2.3M $2.5M $2.13M $1.77M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Belmont All home types · May 2026 Belmont home values are holding steady year over year. $2.3M median sale price Year over year +0.0% Homes sold last month 21 $2.35M $2.02M $1.69M $2.3M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Belmont All home types · May 2026 The typical Belmont home goes pending in 19 days, 9 days slower than last year. 19 days median time to pending Gone within two weeks 46% vs. a year ago 9 days slower 50d 33d 17d 19d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Belmont All home types · May 2026 Belmont inventory is up 13.3% year over year, a steadier supply picture for homes. 34 active listings Year over year +13.3% Months of supply 1.6 34 22 10 34 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Belmont? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Belmont All home types · May 2026 1 in 3 Belmont listings cut its asking price last month, up 12 pts from a year ago. 35% of active listings cut their asking price vs. a year ago +12 pts Active listings 34 40% 30% 20% 35% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Belmont All home types · May 2026 Belmont moves at two speeds: 46% of homes were gone inside two weeks while the rest sat longer. 46% of listings went pending within two weeks Median time to pending 19 days vs. a year ago -19 pts 65% 43% 20% Half of listings 46% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Belmont All home types · May 2026 December is historically Belmont's calmest month for buyers: 5.8 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -5.8 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -2.2 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Belmont All home types · May 2026 A Belmont home bought in 2016 has gained +53% in value since. +53% median sale price growth since 2016 Median price in 2016 $1.5M Average gain per year +4.4% $2.17M $1.88M $1.6M $2.3M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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