San Carlos Real Estate Summary.
We’re now now in the mid-stretch of the fall real estate market, and there are no signs that activity is abating. There were 7 new listings this week that should garner quite a bit of attention with the San Carlos home buying contingent, and there will be a few more in the coming weeks that should be of great interest, too. From all indications, we’re in for a busy winter season. With rates staying at historic lows and buyers still outnumbering sellers by a crazy margin, it’s looking we’ll see a very active real estate market all the way through the end of the year. This would be a big change from normal years, when the market essentially hibernates right after Thanksgiving weekend.
Here are the numbers for the 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 10-6-2012:
|San Carlos Housing Data||10-6-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||101%||103%|
|Average DOM of Closed Sales||41||14|
|No. of Homes Pending Sale:||30||32|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,475,237||$1,564,710
|Average DOM of Active Listings:||49||52|
|Average $/Sq Foot (List)||$589||$591|
||1 : 1||0.9 : 1|
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