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.