The San Carlos Real Estate Week in Review: 6/19/10
Inventory Analysis
Lately, it seems like no matter how many new listing and sales happen in a given week, the inventory of active listings continues to hover right around 60. That’s actually a good indication that our market remains healthy, because homes are selling at about the same pace as they’re coming on the market. And 60 is not a bad number of homes to have on the market at a given time.
As more listings come on the market in the coming weeks, one has to wonder whether the San Carlos market will experience the traditional summer slowdown of July and August?
Open House
If you’re looking at open houses this weekend in San Carlos here’s the only link you’ll need: The San Carlos Open House Page. With one click, you get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It’s updated continuously from the MLS, so bookmark this link and you’ll never have to wander around town looking for open houses again.
Here’s a snapshot of the San Carlos single family home market, as of 6/19. The previous week’s stats are in parentheses:
| Price Range | Active | Pending | Ratio |
|---|---|---|---|
| < $1M | 36 (35) | 22 (25) | 1.6 : 1 (1.4 : 1) |
| $1M –$1.5M | 16 (18) | 8 (7) | 2.0 : 1 (2.6 : 1) |
| >$1.5M | 8 (8) | 3 (3) | 2.7 : 1 (2.7 : 1) |
| Total | 60 (61) | 33 (35) | 1.8 : 1 (1.7 : 1) |
Single-Family Homes Sold in San Carlos:
Below are the single-family homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.
>>> Click Here to Read the Full Post
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