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:
|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|
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