San Carlos Real Estate Summary.
The San Carlos real estate market just keeps trucking through these normally quiet summer months. With the 4th of July week behind us, buyers were back in big numbers as they picked off 6 of the active listings. This kept the inventory level below 20 homes for sale, where it has been for most of this year. Interest rates continue to be the primary topic with buyers, sellers, and agents — but for now it doesn’t seem to have a tremendous damper on the market. Open houses in Belmont and San Carlos seemed to be very well attended yesterday, which is a testament as to how many buyers are still out looking for that perfect home.
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 7-13-2013:
|San Carlos Housing Data||7-13-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||110%||109%|
|Average DOM of Closed Sales||10||7|
|No. of Homes Pending Sale:||34||38|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,433,161||$1,449,087
|Average DOM of Active Listings:||35||36|
|Average $/Sq Foot (List)||$605||$599|
||0.53 : 1||0.42 : 1|
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