The sales momentum from last week carried over into this week, although not at such a torrid pace. Five homes were sold this past week, with 1925 Belmont Avenue taking the cake for hotly contested sales. This home sold with 6 offers after only 4 days on the market — without a single open house. That makes a pretty strong statement about what may take to win in this market when you find the “right” home, and it’s the right home for others too.
Six new homes came onto the market, but the inventory is still pretty lean with only 45 homes for sale. But all in all, it’s a promising start to the new year.
San Carlos Market Report.
Click here for this week’s edition of the Market Report: San Carlos Market Report 2-12-2011
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 2-12-2011:
|Active Listings||45||42 (+7%)|
|Average DOM of Active Listings
|Homes in Contract
||1.6 : 1||1.7 : 1|
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