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The San Carlos Real Estate Week in Review: 11-5-11.

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San Carlos Real Estate Summary.

Now that it will be getting dark at 5:30, will present some additional challenges for buyers to see properties during the week, unless they can get out during the daytime.  Combine that with the fact that the Thanksgiving holiday is only a few weeks away, and you can expect to see the market start to coast down to the winter time pace.  Pickings for new listings will start to get a little slim until after the New Year’s weekend.   But the serious buyers will still be out throughout the holidays, and they may be able to steal a deal.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 11-5-2011:

Inventory 11-5-11 Prior Week
Active Listings 44 45 (-2.2%)
Average Price of Active Listings $956,812 $969,688 (-1.3%)
Average DOM of Active Listings 64 63
No. of Homes Pending Sale 31 32 (-3.1%)
Active:Pending Ratio
1.4 : 1 1.4 : 1

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The San Carlos Real Estate Week in Review: 10-29-11.

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San Carlos Real Estate Summary.

The last full week of October finished fairly strong, with 4 listings finding new buyers.  The large number of sold homes (10) simply reflects the very strong sales environment that we enjoyed in the month of September.  Last month tied for the second-highest month of pending sales (along with May and June) since 2007.  You can expect to see a few more weeks of big numbers in that section of the review as the homes that were purchased in September close escrow.

Low interest rates are keeping the buyers out there on the hunt, even if there are only 45 homes to choose from in all of San Carlos.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-29-2011:

Inventory 10-29-11 Prior Week
Active Listings 45 47 (-4.3%)
Average Price of Active Listings $969,688 $950,793 (+2.0%)
Average DOM of Active Listings 63 71
No. of Homes Pending Sale 32 37 (-13.5%)
Active:Pending Ratio
1.4 : 1 1.3 : 1

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The San Carlos Real Estate Week in Review: 10-22-11.

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San Carlos Real Estate Summary.

You can almost feel the late days of fall starting to cool off the housing market in San Carlos just a bit — as it always does this time of year.   As we get within a month Thanksgiving, you expect to see fewer new listings and fewer homes going into contract.  That was definitely the case this week — only 3 new listings and 4 pending sales.   That’s less than half the run-rate we were at just a few weeks ago.  But statistically, this market always slows down about now.  That doesn’t mean you should stop looking to purchase a home in San Carlos –it just means you can expect to have less new inventory to choose from until about January when things start to crank up for the new year.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-22-2011:

Inventory 10-22-11 Prior Week
Active Listings 47 46 (+2.2%)
Average Price of Active Listings $950,793 $971,336 (-2.1%)
Average DOM of Active Listings 71 64
No. of Homes Pending Sale 37 38 (-2.6%)
Active:Pending Ratio
1.3 : 1 1.2 : 1

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The San Carlos Real Estate Week in Review: 10-15-11.

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San Carlos Real Estate Summary.

If you doubt the strength of the San Carlos real estate market, do so at your own peril.  This past week reminded all of us that the market for certain homes is still very hot, even this late in the year.   This past week, the homes at 1832 Chestnut Street, 2072 Arroyo Avenue, and 1020 Crestview Drive all sold with multiple offers in only their first week on the market!    If you happen to be in the market for a nice 3BR home in San Carlos, this should serve as a reminder that you’ve got to stay on top of the listings as they come up, and be prepared to move quickly and decisively in this market.   As the events of the past few weeks have show, there’s still more competition than there are available homes.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-15-2011:

Inventory 10-15-11 Prior Week
Active Listings 46 48 (-4.2%)
Average Price of Active Listings $971,336 $966,655 (+0.5%)
Average DOM of Active Listings 64 64
No. of Homes Pending Sale 38 39 (-2.6%)
Active:Pending Ratio
1.2 : 1 1.2 : 1

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The San Carlos Real Estate Week in Review: 10-8-11.

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San Carlos Real Estate Summary.

The fall real estate market in San Carlos just keeps marching along to its own beat.  It seems as if even more buyers are out seriously looking now that interest rates have fallen to all-time lows (look for more on that in another post.)   Of the 5 homes that went pending this past week, 4 of them were on the market for less than 2 weeks, so things are still selling relatively quickly.    And with 8 new listings replenishing the homes that sold, buyers should have some good options to consider this week in ALL parts of San Carlos.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-8-2011:

Inventory 10-8-11 Prior Week
Active Listings 48 47 (+2.1%)
Average Price of Active Listings $966,655 $1,033,606 (-6.5%)
Average DOM of Active Listings 65 65
No. of Homes Pending Sale 39 40 (-2.5%)
Active:Pending Ratio
1.2 : 1 1.2 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 10-1-11.

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San Carlos Real Estate Summary.

It’s a little rare to see so much activity in the townhouse/condo market in San Carlos, but during this past week that sub-segment of the real estate market was pretty busy.  But the stats below show how tough the economy has been on condos — take a look at the discounts that the sellers had to take to get their unit into contract, and also how long some of these units sat on the market before they sold.   While single-family residences in San Carlos have weathered the downturn remarkably well, the same can’t be said for townhouses and condos.  The bright side? People seem to be stepping to the plate and buying — 5 went into contract just this past week alone.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-1-2011:

Inventory 10-1-11 Prior Week
Active Listings 47 50 (-6.0%)
Average Price of Active Listings $1,033,606 $1,035,591 (-0.2%)
Average DOM of Active Listings 65 71
No. of Homes Pending Sale 40 39 (+2.6%)
Active:Pending Ratio
1.2 : 1 1.3 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 9-24-11.

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San Carlos Real Estate Summary.

The numbers may not show it, but it was another brisk week for San Carlos real estate.  It seemed as is there was a momentary pause in the buying activity for about 4-5 days as buyers tried to digest the surge of new listings that came on the market immediately after Labor Day weekend.  But the market seems to be surging forward again.   There are some great options for buyers in this market below the $900K mark, but they won’t be around forever.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 9-24-2011:

Inventory 9-24-11 Prior Week
Active Listings 50 54 (-7.4%)
Average Price of Active Listings $1,035,591 $999,499 (+3.6%)
Average DOM of Active Listings 71 67
No. of Homes Pending Sale 39 38 (+2.6%)
Ratio of Active:Pending 1.3 : 1 1.4 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 9-17-11.

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San Carlos Real Estate Summary.

Buyers certainly took advantage of the bumper crop of new listings in San Carlos last week, as they bought 12 homes during that short span.  That’s likely the highest number of purchases in a single week in San Carlos in quite a few months.  Some good options have popped up in the high $800,000 range that weren’t there for most of the summer, and they’re getting snapped up within days of hitting the market.   For sellers still looking to get their home listed and sold prior to the holiday season, there’s still over 60 days until Thanksgiving — still very achievable in this active market.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 9-17-2011:

Inventory 9-17-11 Prior Week
Active Listings 54 58 (-6.9%)
Average Price of Active Listings $999,499 $1,015,766 (-1.6%)
Average DOM of Active Listings 67 65
No. of Homes Pending Sale 38 33 (+15%)
Ratio of Active:Pending 1.4 : 1 1.8 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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