A New Year Ahead.
There wasn’t much real estate activity this past week in San Carlos, simply because there was literally nothing new to look at. The inventory is stuck at a year-low of three homes for sale, and they are the same three that were for sale last week. Any buyers who decided to take the week off from looking for homes certainly didn’t miss anything. But don’t let this temporary lull fool you. There’s quite a bit of activity happening behind the scenes, and you should see a good, solid start to the new year with some great new listings in San Carlos.
Until 2014, have a safe and happy New Year celebration! And thank you for being loyal readers of the White Oaks Blog once again this year. You’ve made this site the go-to source for straight talk and real data for buying and selling homes in San Carlos.
Here are the details 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 12-28-2013:
|San Carlos Housing Data||12-28-13||Prior Week|
|Closed Sales for the Week:||4||6|
|Average Sold Price||$1,579,375||$1,450,000|
|Average $/Sq Foot (Sold)||$715||$702|
|Sold Price vs Orig List (%)||103%||106%|
|Average DOM of Closed Sales||42||7|
|No. of Homes Pending Sale:||16||20|
|Inventory of Active Listings:||3||3|
|Average Price of Active Listings:||$1,514,650||$1,514,650|
|Average DOM of Active Listings:||99||74|
|Average $/Sq Foot (List)||$557||$629|
|Active-Pending Ratio:||0.19 : 1||0.15 : 1|
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