Belvedere, California – Monthly Market Snapshot

The video above shows the continued strength of the Belvedere housing market. A combination of low inventory and high demand has resulted in a strong market for the first half of 2012. Watch the video above and learn about the current state of the Belvedere market.

The Town of Belvedere

The town of Belvedere is island living, without the island. Large historic homes perched on hillsides, with commanding views of San Francisco bay define Belvedere, one of the most desired locations in the Bay Area. With waterfront vistas that rival the Cote de Azur (and prices to match) Belvedere is one of Marin’s most exclusive enclaves.

Waterfront activities are the reason many move to Belvedere. Located on two former islands now filled in with causeways, and separated by a private lagoon popular with kayakers, and kids learning to sail, Belvedere is all about water. The San Francisco Yacht Club is within walking distance.

While the median age of Belvedere was once in the upper 50s, the town manager reports that increasingly families with young children are calling Belvedere home. That’s because Belvedere is pricey. The lowest priced homes, and those that need work, start well north of a million dollars. Those in the upper echelons fetch tens of millions of dollars. That is, when they go on sale.