San Carlos Real Estate Summary.
Saved by the bell. Just when it looked like we would plunge below our lowest level of the year — 7 listings — we got a little surge late in the week to push us back into double digits. Sure, it’s only 12, but it’s sure a whole lot better than 6. That’s about half the inventory that’s currently available in Belmont, to give you some idea of what’s going on in the local market.
Stay tuned to the site this week for the Q1’2013 update, where we’ll take a look at the numbers for the first quarter. There are some very revealing trends that we’ll discuss.
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 4-6-2013:
|San Carlos Housing Data||4-6-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||105%||101%|
|Average DOM of Closed Sales||25||19|
|No. of Homes Pending Sale:||25||27|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,347,333||$1,288,200
|Average DOM of Active Listings:||9||10|
|Average $/Sq Foot (List)||$637||$626|
||0.48 : 1||0.37 : 1|
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