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The San Carlos Real Estate Week in Review: 12-10-11.

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San Carlos Real Estate Summary.

It was downright quiet this past week in San Carlos, with not a single new listing to add to the already dwindling inventory.    Speaking of which, that particular list is now down to 35 homes in San Carlos, and will very likely drop before it starts to rise again in the new year.   We’ve seen inventory levels drop below the 30-mark at this time of the year, so it’s quite possible it may happen again this year.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 12-10-2011:

Inventory 12-10-11 Prior Week
Active Listings 35 41 (-6.3%)
Average Price of Active Listings $965,630 $984,892 (-2%)
Average DOM of Active Listings 85 90
No. of Homes Pending Sale 30 29 (+3.4%)
Active:Pending Ratio
1.2 : 1 1.4 : 1

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The San Carlos Real Estate Week in Review: 12-3-11.

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San Carlos Real Estate Summary.

We’re heading into the final weeks of 2011, and sales activity continues to chug along in San Carlos.  Four more homes went pending sale during the past week, and there were six new listings to enter the market — a surprisingly high number for early December.    Typically at this point in the year,  sellers will opt to test the market in early January as opposed to competing with the holiday season.   But sellers are reading the market correctly, and they’ve sensed that home buyers are continuing to search in earnest through the holidays.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 12-3-2011:

Inventory 12-3-11 Prior Week
Active Listings 41 41 (0%)
Average Price of Active Listings $984,892 $947,685 (+3.9%)
Average DOM of Active Listings 85 81
No. of Homes Pending Sale 29 31 (-6.5%)
Active:Pending Ratio
1.4 : 1 1.3 : 1

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The San Carlos Real Estate Week in Review: 11-26-11.

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San Carlos Real Estate Summary.

As expected, the shortened Thanksgiving week kept activity pretty light in San Carlos — the numbers below reflect that.    The notable exception, however, was  387 Elm Street .  We noted last week that this new listing seemed to pique everyone’s interest, and from Friday afternoon throughout the entire weekend, this house saw a non-stop stream of  agents and buyers.    It ended up selling after only 5 days on the market, reportedly with multiple offers well above its list price.   This just shows how strong the San Carlos market remains, despite the time of the year, and also is a testament to how many buyers are still out there looking for the right San Carlos house to call home.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 11-26-2011:

Inventory 11-26-11 Prior Week
Active Listings 41 42 (-2.4%)
Average Price of Active Listings $947,685 $974,882 (-2.8%)
Average DOM of Active Listings 81 79
No. of Homes Pending Sale 31 31 (0%)
Active:Pending Ratio
1.3 : 1 1.4 : 1

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The San Carlos Real Estate Week in Review: 11-19-11.

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San Carlos Real Estate Summary.

Buyers braved the elements this week to check out a few new listings before the holiday week.  Mike Hirner’s new listing at 387 Elm Street was especially busy with both buyers and brokers alike viewing it non-stop on Friday and Saturday.  That is one of the benefits of listing a home when there’s relatively little competition — look for a blog post coming up about listing your home in January, which essentially discusses the same premise.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 11-19-2011:

Inventory 11-19-11 Prior Week
Active Listings 42 43 (-2.3%)
Average Price of Active Listings $974,882 $969,158 (+0.6%)
Average DOM of Active Listings 79 80
No. of Homes Pending Sale 31 31 (0%)
Active:Pending Ratio
1.4 : 1 1.4 : 1

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The San Carlos Real Estate Week in Review: 11-12-11.

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San Carlos Real Estate Summary.

You know it’s getting to be fall in San Carlos when there’s only 2 new homes to hit the market in a given week.  That was the case this past week, and you can expect to see that trend of just a few listings here and there until the middle of January when the new year’s market starts to get traction .   It doesn’t mean that buyers are not out looking;  there were 5 homes that were snapped up this week, so prospective home buyers are still taking a serious look at what’s left of the inventory.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 11-12-2011:

Inventory 11-12-11 Prior Week
Active Listings 43 44 (-2.2%)
Average Price of Active Listings $969,158 $956,812 (+1.3%)
Average DOM of Active Listings 80 64
No. of Homes Pending Sale 31 31 (0%)
Active:Pending Ratio
1.4 : 1 1.4 : 1

>>> Click Here to Read the Full Post
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The San Carlos Real Estate Week in Review: 11-5-11.

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San Carlos Real Estate Summary.

Now that it will be getting dark at 5:30, will present some additional challenges for buyers to see properties during the week, unless they can get out during the daytime.  Combine that with the fact that the Thanksgiving holiday is only a few weeks away, and you can expect to see the market start to coast down to the winter time pace.  Pickings for new listings will start to get a little slim until after the New Year’s weekend.   But the serious buyers will still be out throughout the holidays, and they may be able to steal a deal.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 11-5-2011:

Inventory 11-5-11 Prior Week
Active Listings 44 45 (-2.2%)
Average Price of Active Listings $956,812 $969,688 (-1.3%)
Average DOM of Active Listings 64 63
No. of Homes Pending Sale 31 32 (-3.1%)
Active:Pending Ratio
1.4 : 1 1.4 : 1

>>> Click Here to Read the Full Post
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The San Carlos Real Estate Week in Review: 10-29-11.

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San Carlos Real Estate Summary.

The last full week of October finished fairly strong, with 4 listings finding new buyers.  The large number of sold homes (10) simply reflects the very strong sales environment that we enjoyed in the month of September.  Last month tied for the second-highest month of pending sales (along with May and June) since 2007.  You can expect to see a few more weeks of big numbers in that section of the review as the homes that were purchased in September close escrow.

Low interest rates are keeping the buyers out there on the hunt, even if there are only 45 homes to choose from in all of San Carlos.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-29-2011:

Inventory 10-29-11 Prior Week
Active Listings 45 47 (-4.3%)
Average Price of Active Listings $969,688 $950,793 (+2.0%)
Average DOM of Active Listings 63 71
No. of Homes Pending Sale 32 37 (-13.5%)
Active:Pending Ratio
1.4 : 1 1.3 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 10-22-11.

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San Carlos Real Estate Summary.

You can almost feel the late days of fall starting to cool off the housing market in San Carlos just a bit — as it always does this time of year.   As we get within a month Thanksgiving, you expect to see fewer new listings and fewer homes going into contract.  That was definitely the case this week — only 3 new listings and 4 pending sales.   That’s less than half the run-rate we were at just a few weeks ago.  But statistically, this market always slows down about now.  That doesn’t mean you should stop looking to purchase a home in San Carlos –it just means you can expect to have less new inventory to choose from until about January when things start to crank up for the new year.

Here’s a quick snapshot of the inventory of San Carlos single family homes as of 10-22-2011:

Inventory 10-22-11 Prior Week
Active Listings 47 46 (+2.2%)
Average Price of Active Listings $950,793 $971,336 (-2.1%)
Average DOM of Active Listings 71 64
No. of Homes Pending Sale 37 38 (-2.6%)
Active:Pending Ratio
1.3 : 1 1.2 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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