Happy New Year!
We wanted to provide you with a 2009 market snapshot of the real estate activity for San Carlos and San Mateo County.
| 2009 Market Snapshot | | | | |
| San Carlos | Avg Price | Median Price | Avg DOM | Active Listings |
| Condos & Townhomes | $583,399 | $530,000 | 70 | 24 |
| Single Family Residential | $928,560 | $880,000 | 53 | 35 |
| Multi-Family | $1,328,500 | $1,225,000 | 98 | 3 |
| San Mateo County | | | | |
| Condos & Townhomes | $463,220 | $430,000 | 83 | 392 |
| Single Family Residential | $876,637 | $678,750 | 72 | 1045 |
| Multi-Family | $749,757 | $688,000 | 97 | 158 |
The actual sales price ranged from $380,000 for a two bedroom, 1 bath home in the Clearfield Park area to $2,600,000 for a four year old custom home in the Beverly Terrace area.
This gives you an idea of how San Carlos is holding up compared to the County. As you can see, condos and single family homes in San Carlos are stronger in comparison. Inventory is very low at this point. More homes typically come on the market after Super Bowl Sunday. Now is a great time to list before the competition!
If you have specific questions about the value of your home or the activity in your specific area, we would be glad to provide. Just let us know what you are looking for – we are happy to help!
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