Plateau-Skymont, Belmont Housing Market · 2026

Data through May 2026

Plateau-Skymont, Belmont Market Snapshot

Plateau-Skymont still favors sellers, but the market is cooling. Here's where things stand:

Based on 9 homes sold in May 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through May 2026

SalesWhat are homes selling for?
Median Sale Price
$2.10M
Down 17.6% from May 2025
Down $450K from May 2025
Homes Sold
9
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$12,979/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$10,608
  • Property Tax$2,188
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
8 days
1 fewer day than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
103.1%
Down from 106.5% in May 2025
Selling 3% above asking
% Sold Over Asking
56%
More than half of homes sold above their asking price
Active Listings
2
Down 33.3% from May 2025
About 0.2 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Plateau-Skymont.

Median Sale Price
Down 17.6% year-over-year in Plateau-Skymont. Based on 9 sales in the most recent month.
Homes Sold
Total Monthly Payment
Estimated monthly cost is down 20% from a year ago in Plateau-Skymont, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Plateau-Skymont, Belmont

Is now a good time to buy in Plateau-Skymont, Belmont?

Plateau-Skymont, Belmont still favors sellers, but conditions are slowly improving for buyers. Well-priced homes move fast, and there is slightly more room to negotiate than there was a year ago.

How do Plateau-Skymont, Belmont home prices compare to the Bay Area average?

At $2.10M, Plateau-Skymont, Belmont's median is close to the Bay Area average of $1.85M.

This is close to the Belmont city-wide median of $2.30M.

How competitive is Plateau-Skymont, Belmont for buyers?

Plateau-Skymont, Belmont currently favors sellers:

  • Homes sell about 3% above asking on average
  • 56% close above list price
  • 8 days typical time to go pending

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced Plateau-Skymont, Belmont home?

At $2.10M with 20% down at 6.49%, your estimated total monthly cost is approximately $12,979:

  • $10,608 principal and interest
  • $2,188 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?