Home Values - Belmont Condos

Average and Median Home Price of Belmont Condos Sold

When trying to understand Belmont condo values the first and most often real estate statistic looked at is either average or median condo sales price. The average price can be pushed up by a particularly expensive condo being sold. Much less often an especially low price for several condos can push the average price down. By looking at both average and median price a quick judgment can be made about any unusually high or low prices. When a condominium development is offered for sale, the high number of units offered can shift both average and median prices.

Graph of the Quarterly Median and Average Price of Belmont Condos Sold

Quarterly Average and Median Price of Belmont Condos Sold

Information From http://julianalee.com/belmont/belmont-statistics.htm