San Carlos Real Estate Summary.
The result of the fall market push was evident last week with 13 homes closing escrow. This is a bit higher than normal for a typical week, but demonstrates the continued strength of the San Carlos real estate market as we head into the winter months. Another nice surprise this past week was the introduction of 7 new listings — again, a bit of rarity for the last week of November. But sellers are starting to understand that there’s really no bad week to list their home in this current market climate, whether it’s in the month of December, or just after the beginning of the new year. Either way, buyers are still going to beat a path to the door.
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 12-1-2012:
|San Carlos Housing Data||12-1-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||95%||103%|
|Average DOM of Closed Sales||30||101|
|No. of Homes Pending Sale:||22||28|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,611,636||$1,698,875
|Average DOM of Active Listings:||68||83|
|Average $/Sq Foot (List)||$551||$565|
||1 : 1||0.71 : 1|
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