San Carlos Real Estate Summary.
Holiday shopping in San Carlos wasn’t limited just to things that go under the tree. Home shoppers in were quite busy in the week leading up to Christmas, as is evidenced by the 8 homes that went under contract! That’s certainly not the norm for this time of year, but it speaks volumes of the pent up demand for homes in San Carlos. And that demand will remain constant until inventory levels boost up in the new year. This latest surge in buying served to drop the available list of homes in San Carlos down to 28...which means there are far more homes pending sale (36) than for sale (28) — that doesn’t happen very often!
Here’s a quick snapshot of the inventory of San Carlos single family homes as of 12-24-2011:
|Active Listings||28||34 (-18%)|
|Average Price of Active Listings||$987,792||$989,914 (-0.2%)|
|Average DOM of Active Listings||118||102|
|No. of Homes Pending Sale||36||29|
||0.8 : 1||1.2 : 1|
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