Belvedere Tiburon, CA 94920 Real Estate Market Report

ZIP Code: 94920
Report Date: June 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary market indicator is the median sold price $3,592,500, which anchors recent transaction values and suggests realized market value for single-family and condominium properties in Belvedere Tiburon.

2. There is a pronounced spread between the median listing price $10,495,000 and the median sold price $3,592,500, which may indicate pricing friction and elevated seller expectations relative to completed transactions rather than a reflection of final market value.

3. The market shows slower sales velocity as reflected by the median days on market 329, which appears to signal extended negotiation or marketing periods and moderate liquidity rather than rapid turnover.

4. Market context is mixed: price trends are up year-over-year while market temperature is neutral, rent trends are down, and interest rate pressure is moderate; together these factors suggest balanced conditions with modest upward price pressure but cautious demand.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Belvedere Tiburon, CA 94920 Real Estate Market Report

ZIP Code: 94920
Report Date: June 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary market indicator, median sold price of 1,503,000, indicates the neighborhood’s transaction-level value and should be used as the baseline for pricing decisions; given the neutral market temperature, sellers should set expectations for measured negotiation rather than rapid premium bids.

2. Measured liquidity is slow: the median days on market of 302 points to extended marketing periods and suggests moderate sales velocity; agents should plan longer listing timelines and targeted staging/marketing to reduce time on market.

3. Price positioning and relative unit economics are elevated: the median price per square foot of 964 signals high per-unit pricing in the area and implies that even small adjustments in price can materially affect buyer interest in this market.

4. Rental and macro context is mixed: median market rent of 4,500 combined with a down rent year-over-year trend and an moderate interest rate pressure environment suggests investors should be cautious about near-term yield compression, while the neutral market temperature and an observed sample indicating relatively constrained active supply may support modest price resilience.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.