San Carlos Real Estate Summary.
The market shrugged off one close call this week, as we avoided the default of our national debt by a matter of days. This upcoming week, it must now digest the drop in the country’s credit rating in the wake of the latest financial problems. All things considered, the San Carlos real estate market performed admirably in spite of all of these challenges. Homes still sold briskly, with 4 homes going into contract after being on the market for about a week or less. 2211 Howard Avenue sold after getting 7 offers. So clearly, many buyers are still bullish about the future.
Here’s a quick snapshot of the inventory of San Carlos single family homes as of 8-6-2011.
|Active Listings||54||59 (-8.5%)|
|Average Price of Active Listings||$999,658||$1,031,521 (-3.1%)|
|Average DOM of Active Listings||66||65|
|No. of Homes Pending Sale
|Ratio of Active:Pending||1.5 : 1||1.6 : 1|
>>> Click Here to Read the Full Post
Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!