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Market Conditions in Belvedere : Real Estate Advice

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Thu May 8, 2008
Phillipa Criswell answered:
Since 1965 Belvedere has experienced an annual decrease in home prices nine times, the last two downturns were in 2001 '02 and 03. Average days on the market for a sold home in Belvedere was 100 days for the month of April. One home sold today for $9,500,000 after having been on the market for the past two years starting at $16,000,00. Another home sold last week for $2,500,000, $350,000 less than thanwhat it sold for last August 07. Average asking price in Belvedere for a home this past month is $4,940,714. ... more
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