Spotlight: Belmont

This week’s Mid-Peninsula spotlight is on the city of Belmont. A small, fairly affluent community of 26,000 located along the Highway 101 corridor, Belmont is a hill-studded community of predominantly single-family homes, with some townhomes/condominiums and apartments located primarily in clusters. The average age of its citizens is a young 39.4 (didn’t I just hear that 40 is the new 30?), with a median income of $102,315 (with 51.3% of the population earning more than $100k).

Incorporated in 1926, Belmont is run by a mayor and city council, has it’s own police department (and a very low crime rate), and a jointly shared fire department. In addition to a extensive hiking trails and open space, Belmont has a busy Parks & Recreation Department, with offerings for toddlers, children, teens, adults and seniors.

It is safe to say that Belmont is a bedroom city, having no real downtown shopping area or industry. City services are geared toward residents, with resources put into benefits such as a new state-of-the-art library, recreational activities, senior assistance, and more.

Home Statistics (4th qtr 2006):
- Average List Price: $1,031,586
- Average Sale Price: $972,015
- Median Sale Price: $900,500
- Average Price per Square Foot: $610
- # of Sales: 66

Education:
Public schools : 5 elementary, 1 middle and 1 high school
Private schools: 6 elementary, 1 high school (female), and 1 college

Transportation:
CalTrain — one station. Services the north-south corridor from San Francisco to Gilroy
SamTrans — San Mateo County’s public bus system
Freeway access–Direct access to Highways 101 and 92, and indirect access to Highway 280

Over the next few weeks, we will be showcasing a variety of homes in Belmont to give you an idea of what is available. So say tuned…