I once mentioned in previous post that the two days of the week that you want to pay close attention to the MLS is on Mondays and Fridays, because those two days are when the majority of homes are listed on the market. This week proved my point — almost every new listing this week posted on Friday (or early Saturday). This late surge pushed the inventory of available homes up to 58, and in the process gave White Oaks buyers some much needed additional options to consider. 58 is still well below average for this time of year, but it’s a step in the right direction for buyers.
San Carlos Market Report.
Click here to download this week’s edition of the Altos Research Market Report: San Carlos Market Report 4-2-2011
San Carlos Open House List.
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’ll 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 quick snapshot of the inventory of San Carlos single family homes as of 4-2-2011:
|Active Listings||57||48 (+19%)|
|Average DOM of Active Listings||83||81|
|Homes in Contract||33||42 (-21%)|
|Ratio Active/Pending||1.7 : 1||1.1 : 1|
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