COMMUNITY STATISTICS
BELMONT
MARKET STATISTICS
DECEMBER 2024 SALES
(Updated monthly)
| Address | Sold Price | List Price | Difference | Type | Size (Sq. Ft.) | Beds | Baths | Garage | Year | DOM |
|---|---|---|---|---|---|---|---|---|---|---|
| 145 Belmont Villas SW | $750,000 | $769,900 | -$19,900 | Detached | 2,096 | 4 | 3 | Yes | 2022 | 56 |
| 36 Belmont Terrace SW | $720,000 | $729,900 | -$9,900 | Detached | 1,822 | 4 | 3 | Yes | 2020 | 9 |
| 184 Belmont Way SW | $659,999 | $669,900 | -$9,901 | Duplex | 1,443 | 4 | 3 | Yes | 2024 | 47 |
| 173 Belmont Drive | $630,000 | $639,900 | -$9,900 | Duplex | 1,356 | 5 | 3 | Yes | 2022 | 63 |
| 317 Belmont Park SW | $625,000 | $629,900 | -$4,900 | Detached | 1,500 | 3 | 2 | Yes | 2024 | 25 |
| 400 Belmont Street SW Unit#701 | $494,900 | $499,900 | -$5,000 | Townhouse | 1,544 | 3 | 2 | No | 2024 | 10 |
| 442 210 Avenue SW | $481,500 | $489,900 | -$8,400 | Townhouse | 1,276 | 3 | 2 | Yes | 2024 | 53 |
COMMUNITY POPULARITY SCORE
The Community Popularity Score is a measure of online activity, like listing views in this community.
MARKET TEMPERATURE
(ABSORPTION RATE)
Absorption rate indicates how fast homes. are selling. It’s calculated as homes sold divided by homes currently listed.
Summary of December 2024 Sales
In December 2024, 7 properties were sold in Belmont, reflecting a healthy market with a range of property types and price points. Here’s a quick summary:
- Total Sales Volume: $4,361,399
- Average Sale Price: $623,057
- Median Sale Price: $625,000
- Highest Sale Price: $750,000 (Detached Home, 145 Belmont Villas SW)
- Lowest Sale Price: $481,500 (Townhouse, 442 210 Avenue SW)
List Price vs. Sold Price
Belmont homes sold for an average of 98.3% of their list price, showing strong demand for well-priced properties.
Key Observations:
- Detached Homes:
- The highest-priced detached home sold was 145 Belmont Villas SW for $750,000, $19,900 below the list price of $769,900.
- 36 Belmont Terrace SW sold for $720,000, $9,900 below the list price, showing variability depending on property features and demand.
- Duplex (Side-by-Side):
- 184 Belmont Way SW, a duplex, sold for $659,999, $9,901 below its list price of $669,900.
- 173 Belmont Drive, another duplex, sold for $630,000, $9,900 below its list price of $639,900.
- Townhomes:
- The most affordable property was 442 210 Avenue SW, a 3-storey townhouse, selling for $481,500, $8,400 below its list price of $489,900.
- 400 Belmont Street SW Unit#701 sold for $494,900, $5,000 below its list price of $499,900.
Thinking of Selling in Belmont?
Silverado continues to be a desirable community for families and professionals alike. If you’re considering selling, now is a great time! Contact us for a FREE home evaluation and expert advice on maximizing your property’s value—all while saving thousands in commission with our low-cost, full-service approach.
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