San Carlos Real Estate Summary.
There are many who believe that the spring real estate market doesn’t truly get underway until the Super Bowl is done. If that’s the case, then bring on the market (much to the chagrin of the 49ers). In reality, the market isn’t waiting for anyone. There were four nice listings to make their debut last week (see below) and there will be a couple of really good ones to appear this week – stay tuned to the blog for more details. But with activity being brisk as expected, and 5 homes going into contract, the active inventory still sits at a paltry 14 listings for sale. Buyers are going to have to wait another week to see if we’ll get enough new listings to help ease the intense buying competition in San Carlos.
Here are the numbers from last week:
By The Numbers.
Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 2-2-2013:
|San Carlos Housing Data||2-2-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||90%||106%|
|Average DOM of Closed Sales||183||26|
|No. of Homes Pending Sale:||12||12|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,406,349||$1,479,278
|Average DOM of Active Listings:||46||95|
|Average $/Sq Foot (List)||$574||$581|
||1.2 : 1||1.2 : 1|
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