The San Carlos Real Estate Week in Review: 4/10/10
Inventory Analysis
Now, that’s more like it. A very strong surge of 11 new listings this week has pushed the inventory up to 50 homes for sale, a level that hasn’t been seen for months. It’s interesting to note that over half of the new listings are over $1M, and there’s at least one more White Oaks home that will be on the market soon that will be on north side of $1.5M. This is good news for buyers in all price ranges, and should help balance out this multiple offer craze.
To get a complete list of which homes will be open this weekend in San Carlos, click here: San Carlos Open House Page
Here’s a snapshot of the San Carlos single family home market, as of 4/10. The previous week’s stats are in parentheses:
| Price Range | Active | Pending | Ratio |
|---|---|---|---|
| < $1M | 25 (23) | 25 (24) | 1 : 1 (0.96 : 1) |
| $1M –$1.5M | 16 (12) | 6 (7) | 2.7 : 1 (1.7 : 1) |
| >$1.5M | 9 (7) | 1 (1) | 9 : 1 (7 : 1) |
| Total | 50 (42) | 32 (32) | 1.6 : 1 (1.3 : 1) |
Single-Family Homes Sold in San Carlos:
Below are the single-family homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.
>>> Click Here to Read the Full Post
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