San Carlos Real Estate Summary.
The good news for home buyers this past week was that the inventory of homes for sale in San Carlos quietly crept past the 20 mark, as we now have 24 single-family homes for sale in the entire city. Just achieving the 20 mark has been an unreachable plateau for most of 2013, but how long it stays above that mark is anyone’s guess. Perhaps the combination of higher interest rates and the summer market have combined to put a bit of a damper on the market? We’ll see in the coming weeks if this trend continues, or if we’re back to business as usual in San Carlos.
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 7-20-2013:
|San Carlos Housing Data||7-20-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||107%||110%|
|Average DOM of Closed Sales||20||10|
|No. of Homes Pending Sale:||31||34|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,449,283||$1,433,161
|Average DOM of Active Listings:||30||35|
|Average $/Sq Foot (List)||$617||$605|
||0.77 : 1||0.53 : 1|
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