Belvedere Tiburon, CA 94920 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the median sold price of 3,739,000, which signals realized transaction levels and anchors pricing expectations for both SFR and condominium segments in Belvedere Tiburon.
2. There is a material gap between the median listing price of 6,137,000 and the median sold price, which may indicate seller aspirational pricing and pricing friction that buyers can exploit in negotiations, particularly on non-waterfront or less-updated homes.
3. Liquidity appears muted with a median days on market of 275, suggesting slower sales velocity; this extended marketing time may reflect boutique luxury market dynamics where properties trade less frequently and buyers are more selective.
4. Market trends show prices and rents are both up year-over-year, and the broader market temperature is neutral, while borrowing conditions show elevated interest rate pressure—this combination suggests continued upward price pressure in the luxury segment but with financing headwinds that may temper transaction volumes.

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.