San Carlos Real Estate Summary.
The San Carlos real estate market got a much needed shot in the arm this week — a total of 12 new listings launched at various times this week, making for a very busy open house weekend for buyers and agents alike. This total easily made it the biggest single listing week so far this year, and helped push the available inventory of homes upward by over 40% from last week. Hopefully the momentum will continue this week, as we’re still below our seasonal average. And there’s certainly no shortage of buyers ready to snap up this new inventory.
Here are the numbers for this past 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 3-10-2012:
|San Carlos Housing Data||3-10-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot
|Sold Price vs Orig List (%)||97%||102%|
|Average DOM of Closed Sales||66||28|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,268,656||$1,127,082 (+12.6%)|
|Average DOM of Active Listings:||49||77|
|No. of Homes Pending Sale:||34||38|
||1.1 : 1||0.6 : 1|
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