San Carlos Real Estate Summary.
The Spring real estate market jumped to life this past week in San Carlos. Buyers snapped up 10 homes during the week, and there were 6 new listings to complement several homes that were making a repeat visit to the active list. This balance of pending sales and active listings kept the inventory almost unchanged, which is still unusually low for this time of year.
The good news is that new listings are starting to spring up (no pun intended), which should give frustrated buyers a bit more choice to find the right place.
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 2-18-2012:
|San Carlos Housing Data||2-18-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot
|Sold Price vs Orig List (%)||89%||91%|
|Average DOM of Closed Sales||113||73|
|Inventory of Active Listings:
|Average Price of Active Listings:||$977,222||$1,031,255 (-5.2%)|
|Average DOM of Active Listings:||79||95|
|No. of Homes Pending Sale:||36||32|
||0.8 : 1||0.8 : 1|
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