San Carlos Real Estate Summary.
Buyers were the story this week in San Carlos. 14 homes went into contract in what was arguably the busiest week so far this year. This overshadowed the fact that 9 new listings made their debut during the week — normally a very respectable number, and it follows on the heels of the 12 homes that listed the prior week. But this flurry of buying activity served to push the inventory of single family homes in San Carlos back down to 30 again.
By popular request, the condo stats are back this week and will become part of the Week in Review again going forward.
Here are the numbers for this past 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 3-17-2012:
|San Carlos Housing Data||3-17-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot
|Sold Price vs Orig List (%)||101%||97%|
|Average DOM of Closed Sales||55||66|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,317,379||$1,268,656 (+3.8%)|
|Average DOM of Active Listings:||37||49|
|No. of Homes Pending Sale:||43||34|
||0.7 : 1||1.1 : 1|
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