San Carlos Real Estate Summary.
New listings exceeded the number of pending sales this past week, resulting in a 24% uptick in the number of homes for sale in San Carlos. But even with 26 homes currently for sale, that represents about half of what we would see in a normal year at this point in the spring market. With the end of the school year just around the corner, it will be interesting to see what impact (if any) that will have on the temperature of the real estate market in San Carlos.
Here are the numbers for the 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 5-12-2012:
|San Carlos Housing Data||5-12-12||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot
|Sold Price vs Orig List (%)||101%||101%|
|Average DOM of Closed Sales||22||28|
|No. of Homes Pending Sale:||39||43|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,368,188||$1,458,326 (-6.2%)|
|Average DOM of Active Listings:||26||32|
||0.67 : 1||0.5 : 1|
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