The San Carlos Real Estate Week in Review took a short break last week due to the holidays, and also because there simply weren’t enough real estate transactions to warrant reporting, which is to be expected around the holiday season. So this week’s data incorporates all of the activity over the past two weeks, and will be the final Week in Review in what has been an amazing 2014.
Thank you for being loyal readers of the White Oaks Blog! The readership of the site jumped exponentially in 2014, making it one of the most sought after resources for information on San Carlos real estate. I’m personally very excited about what lies ahead for the site in 2015, which will mark the eighth year of reporting on everything that makes San Carlos what it is. There will be more in-depth coverage of events and developments that have an impact on living in San Carlos, and a significant increase in multimedia content. Be sure to stay tuned in the coming weeks for some significant announcements, too…
I hope everyone has a safe and happy holiday season. Here’s to a healthy and prosperous 2015!
Here are the details from last week:
By the Numbers.
Below is a high-level view of the market performance for single-family residences in San Carlos. This data is for the week ending 12-27-2014:
|San Carlos Housing Data||12-27-14||Prior Week|
|Closed Sales for the Week:||5||5|
|Average Sold Price:||$1,611,420||$1,288,000|
|Average $/Sq Foot (Sold)||$1,079||$1,009|
|Average Sold – Percentage Of List Price:||112%||120%|
|Average DOM of Closed Sales||15||11|
|No. of Homes Pending Sale:||17||18|
|No. of Active Listings:||4||4|
|Average Price of Active Listings:||$1,377,500||$1,344,250|
|Average DOM of Active Listings:||24||19|
|Average $/Sq Foot (List)||$752||$722|
|Active-Pending Ratio:||0.24 : 1||0.33: 1|
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