San Carlos Real Estate Summary.
This past week, I posted an article about how home prices are booming in the Clearfield Park section of San Carlos, and how one home recently broke the $900,000 mark for the first time in this region. Well, that record was short lived as 1008 Springfield Drive closed this week for $1,022,000 — easily setting a new record for the region.
New listings were slow this week, as one might expect for mid-August. Things should start to pick up in the next few weeks as the beginning of the Fall market approaches.
Here are the numbers from last week:
By The Numbers.
Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 8-10-2013:
|San Carlos Housing Data||8-10-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||100%||115%|
|Average DOM of Closed Sales||14||11|
|No. of Homes Pending Sale:||20||27|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,541,156||$1,560,585
|Average DOM of Active Listings:||37||36|
|Average $/Sq Foot (List)||$624||$617|
||1.2 : 1||1.0 : 1|
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