San Carlos Real Estate Summary.
It was a BIG first week for the fall real estate market in San Carlos in several respects. First, there was a much-needed surge in inventory with 9 new homes being added to the list, and there looks to be more on the way in the coming weeks. And two of the three highest priced listings in San Carlos went into contract in the same week: 5 Coronado Avenue ($5.2M) and 109 Kings Court ($2.7M) are now both pending sale. And finally, 2826 Brittan Avenue posted its closed sale number of $2.3M.
All of that made for an uncharacteristically busy week in the upper price range for San Carlos, and it sets the stage for a strong last 1/3 of year in the San Carlos real estate market.
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 9-1-2012:
|San Carlos Housing Data||9-1-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||100%||101%|
|Average DOM of Closed Sales||19||22|
|No. of Homes Pending Sale:||27||33|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,334,976||$1,433,270
|Average DOM of Active Listings:||50||55|
|Average $/Sq Foot (List)||$587||$597|
||1.3 : 1||0.8 : 1|
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