San Carlos Real Estate Summary.
This week marks the start of the fall real estate push in San Carlos. If homeowners plan to get their homes sold before the Thanksgiving holiday, they know they have to get the home on the market sometime between now and mid-October. Consequently, we historically see a surge in new listings in the first 2-3 weeks of September. Buyers are certainly hoping that this part of history will repeat itself, because the inventory level is still below 50 homes in San Carlos.
Here’s a quick snapshot of the inventory of San Carlos single family homes as of 9-3-2011:
|Active Listings||49||45 (+8.8%)|
|Average Price of Active Listings||$988,858||$1,017,234 (-2.8%)|
|Average DOM of Active Listings||75||73|
|No. of Homes Pending Sale||37||44 (-15.9%)|
|Ratio of Active:Pending||1.3 : 1||1.0 : 1|
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