Belmont Real Estate Market Trends
Market Overview for Quarter 1, 2026
Median Sale Price
-17.2% YoY
Median Price/Sqft
-3.6% YoY
No. of Transactions
-9.5% YoY
County Median Sale Price
-1.9% YoY
The median home sale price in Belmont was trending down in Q1, coming in at $2M for a year-over-year change of -17.2%. Sales were similarly down, with 38 transactions in Q1 representing a Y-o-Y change of -9.5%. The median price per square foot in Q1 was $1K, a change of -3.6% Y-o-Y. Meanwhile, the median home sale price for San Mateo County was $1.6M.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in San Mateo County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Hillsborough | $5,961,750 |
| 2 | San Carlos | $2,710,250 |
| 3 | Menlo Park | $2,700,000 |
| 4 | Burlingame | $2,600,000 |
| 5 | Belmont | $2,025,000 |
| 6 | Millbrae | $2,000,000 |
| 7 | Redwood City | $1,900,000 |
| 8 | Foster City | $1,528,000 |
| 9 | San Mateo | $1,520,000 |
| 10 | Half Moon Bay | $1,475,000 |
| 11 | Pacifica | $1,300,000 |
| 12 | South San Francisco | $1,260,000 |
| 13 | San Bruno | $1,244,000 |
| 14 | Daly City | $1,100,000 |
Residential Property Types Sold in Belmont
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $2.1M | -19.1% | $1K | -0.9% | 35 |
The median sale price for houses in Belmont in Q1 was $2.1M, up -19.1% year-over-year. While the median for houses was trending down, Belmont condo prices remained stable year-over-year at -.
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