The San Carlos Real Estate Week in Review: 11/8/21

The Recap. Buying activity dropped quite a bit last week in San Carlos, as one might expect as we head into the final two months of the year. Only 3 homes were put into contract, while there were 9 new listings to hit the market. This disparity helped drive the inventory of homes for sale…

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The San Carlos Real Estate Week in Review: 10/25/21

The Recap. I hope everyone survived the weather onslaught yesterday. Although we desperately need the rain, intense storms like these highlight deferred maintenance and latent defects on homes, such as dirty roofs, clogged gutters, and plugged downspouts. Those alone usually result in unexpected roof leaks, and I imagine there were quite a few of those…

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The San Carlos Real Estate Week in Review: 10/18/21

The Recap. If you recall the sales results from last week’s report, there were more homes that sold below their asking price than above for that 7 day stretch, and I commented that this is not indicative of where the market is at right now. This past week’s results are more in tune. Only 3…

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The San Carlos Real Estate Week in Review: 10/4/21

The Recap. Welcome to October! The top-line numbers for the San Carlos real estate market didn’t seem to budge last week, but that doesn’t mean the market was not busy. The overall inventory remained just about the same at 20 homes for sale, but that was after 11 homes were put into contract in just…

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The San Carlos Real Estate Week in Review: 9/20/21

The Recap. Home buyers definitely took advantage of the post-Labor Day listing surge as the they put 8 homes into contract, versus only three from the prior week. The current inventory of homes for sale in San Carlos now sits at 18, and more new listings are definitely on the way. With several weeks of…

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The San Carlos Real Estate Week in Review: 9/13/21

The Recap. As I predicted in the previous Week in Review, the week after Labor Day weekend historically starts the Fall market in San Carlos, and my prediction was spot on this year. After a spell of zero new listings the prior week, 13 new homes hit the market in just 5 days last week.…

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The San Carlos Real Estate Week in Review: 9/6/21

The Recap. Happy Labor Day everyone! I hope this update finds everyone safe, healthy, and somewhere that is not burning (I’m writing this update about 10 miles from the Bridge Fire in Auburn). Labor Day Weekend traditionally marks the beginning of the Fall real estate market, which is a more condensed market than the Spring…

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The San Carlos Real Estate Week in Review: 8/30/21

The Recap. Activity simmered somewhat last week in San Carlos, with only 3 homes being put into contract and 6 homes to replace them in the inventory (including an impressive $5M home on Clifford Avenue). That’s not to imply that buyers are not out in force — the open houses seemed to be very well…

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The San Carlos Real Estate Week in Review: 8/23/21

The Recap. In recent weeks, I have made mention of the stunning premiums that are being paid for homes in San Carlos. Just a few weeks ago, there were a handful of homes that fetched $500K or more over their respective asking prices. But this week takes the cake so far in 2021. There were…

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