Belmont

Belmont is a wonderful, serene town with a rural feel and a destination for families. Most of the streets do not have sidewalks, and since much of the town is built amidst the hills, many homes offer extraordinary views of the peninsula. Belmont boasts four parks, and is mostly made up of homes and retail stores. The town’s heritage harks back to William Ralston, the founder of the Bank of California and builder of the Palace Hotel in San Francisco, who built his masterful summer residence, Ralston Hall, at the current site of Notre Dame University.

26,147
Population
6,560
Homes
$2.25M
Median Sale Price
$2.32M
Average Sale Price

Belmont Woods home front yard with rocks as borders for the garden

Belmont Woods home with a tile roof and an orange colored chimney

Homeview Belmont home with a basketball hoop on the driveway

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Key Points

Verdant, hilly setting; great hiking and outdoor space at Hidden Canyon and Water Dog Lake

Abundant middle-range housing inventory — many properties with views

Positioned between highways 101 and 280 commute corridors and has a downtown CalTrain station

Highly-rated public schools

Ralston was offered to have the town of Modesto named after him, but at a Spanish ceremony he declined, and a Spanish lady dubbed him muy modesto, or very modest, and that is how the town got its name. To see a high resolution map of the image above, click here.

Neighborhoods

$0k - $0k

Antique Forest Homes

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$1.73M - $2.89M

Belmont Country Club

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Belmont Woods

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$1.77M - $2.94M

Carlmont

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$1.2M - $1.99M

Homeview/Sterling Downs

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Data & Market Conditions

Home Data per tax records

Single Family Homes	6,560
1 Bedroom Homes	33
2 Bedroom Homes	908
3 Bedroom Homes	3,738
4 Bedroom Homes	1,554
5+ Bedroom Homes	327
Condos/Townhomes	427
Duplex	93

Price Data Data per MLS

Year	2020	2021
Number of Sales	181	231
Percent List Price Received	105.8%	114.5%
Median Sales Price	$1,888,000	$2,250,000
Average Sale Price	$1,982,000	$2,321,000
Lowest Sale Price	$815,000	$1,200,000
Highest Sale Price	$3,475,000	$4,950,000

Average Days on Market
Number of Home Sales
Sale Price to List Price Ratio
2021 Home Sales by Price Range
2021 Home Sales by Neighborhood
Sales Prices

Client Stories

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Gigi Gonzales

Antique Forest Homes, Belmont

Pastry Chef / Culinary student

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Working with Raziel was great. I've known him for a few years and when it was time for me to sell my home, I did not hesitate to contact him. From the initial meeting to the close of escrow, he and his team were so knowledgeable and on top of their game. Raziel is always quick to respond if I had any questions or concerns. To be honest, I had a few stressful moments, but was always put at ease which I appreciated. And I cannot forget mentioning his amazing team! Because of them I fell in love with my place all over again, from the staging, to the marketing, to the photography. Once my place sold (within two weeks), it was a bittersweet moment, but I'm thankful that it went to the right buyer and the experience overall was very pleasant.

— Gigi Gonzales