We are in the final days of what has been simply an amazing year in the San Carlos housing market. Home prices have jumped nearly 30% since 2011, there is virtually no inventory of homes to choose from, and home buyers are still lined up to buy whatever hits the market in our great community.
Look for 2014 to be another very strong year in the our local market -- all of the key elements are still in place for this market to keep steaming along. Thank you for following my weekly column on San Carlos Patch, and I hope you have a safe and happy New Year!
Here are some key stats for the San Carlos real estate market from last week:
- # of Closed Sales: 4
- Average Sold Price: $1,579,379
- Average $/sq foot (sold): $715
- % of Asking Price (sold): 103%
- Average Days on Market (DOM) of Sold Homes: 42
- # of New Listings: 0
- # of Homes to go Pending: 0
- Average Price of Homes for Sale: $1,514,650
What Sold in San Carlos:
The following is the list of single-family homes that sold this past week in San Carlos. Click on the addresses for more information about each property:- 2819 Eaton Avenue: $2,807,500
- 60 Wessex Way: $1,650,000
- 45 Shelford Avenue: $970,000
- 2516 San Carlos Avenue: $890,000
If you're interested in more data and statistics on what happened in the San Carlos real estate this past week, check out The San Carlos Real Estate Week in Review, which is posted every week in the White Oaks Blog.
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Chuck Gillooley is a Realtor, long-time San Carlos resident, and author of The White Oaks Blog -- the most comprehensive source for information on San Carlos real estate.
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