The San Carlos real estate market remained red-hot this past week, as the buying spree continued. 11 homes were snatched off the market in just a week — and with only 7 new listings to replenish the supply, the inventory once again dropped below 50 down to 48. The surge in buying that we have witnessed the past few weeks has pushed the number of pending sale (42) to be almost as high as the number of homes for sale (48)! That’s the sign of a sustained hot market.
San Carlos Market Report.
Click here to download this week’s edition of the Altos Research Market Report: San Carlos Market Report 3-26-2011
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 3-26-2011:
|Active Listings||48||55 (-13%)|
|Average DOM of Active Listings||81||73|
|Homes in Contract||42||34 (+24%)|
|Ratio Active/Pending||1.1 : 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!