San Carlos Real Estate Summary.
This week was punctuated by no fewer than 6 new listings in San Carlos — an abnormal occurrence for August in what has become an abnormal real estate year in just about every respect. But buying activity remained brisk as at least 5 buyers stayed home from vacation and wrote offers on homes. This balance is keeping season inventory low at about 31 active listings in the entire city, of which only about 25% are considered to be in the “flats” of San Carlos, which is why new listings such as 200 Edgehill Drive should garner lots of interest with buyers looking to live in the flats.
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 8-11-2012:
|San Carlos Housing Data||8-11-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||109%||97%|
|Average DOM of Closed Sales||10||30|
|No. of Homes Pending Sale:||34||32|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,307,874||$1,355,671
|Average DOM of Active Listings:||49||46|
|Average $/Sq Foot (List)||$570||$562|
||0.9 : 1||1 : 1|
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