San Carlos Real Estate Summary.
This week you could really feel the year starting to wind down. Activity dwindled, and between the few homes that sold this week and the others that were taken off the market for the holidays, the inventory of homes for sale was pushed down to 16 — I can’t remember when I’ve seen it that low. And it will likely drop below this mark as additional homes are pulled from the market for the holidays. It’s evident now that most buyers are simply going to have sit on the sidelines until the Spring market to get a new influx of homes to choose from.
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 12-8-2012:
|San Carlos Housing Data||12-8-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||101%||95%|
|Average DOM of Closed Sales||76||30|
|No. of Homes Pending Sale:||22||22|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,778,875||$1,611,636
|Average DOM of Active Listings:||94||68|
|Average $/Sq Foot (List)||$568||$551|
||0.73 : 1||1 : 1|
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