Market Insider - Edgewood Park in Redwood City
Showing posts with label Market Update. Show all posts
Showing posts with label Market Update. Show all posts
Thursday, April 18, 2013
Wednesday, January 26, 2011
MARKET UPDATE - SAN CARLOS
Happy New Year! The 2010 sales numbers for San Carlos real estate activity are out and we wanted to be the first to share them with you. We are pleased to report that in every category, 2010 is stronger than 2009, and if this month is any indication, we will continue that trend into 2011. We are moving in the right direction!
| San Carlos Home Sales | New Listings | Current Inventory | Closed Sales | Average DOM | Average Sales Price | % Change | % LP Rec'd |
| 2010 | 389 | 43 | 247 | 42 | 961,227 | 3% | 99.29 |
| 2009 | 358 | 35 | 236 | 53 | 928,560 | -16% | 97.73 |
| 2008 | 416 | 52 | 258 | 43 | 1,072,498 | | 98.83 |
Please do not hesitate to contact us with any questions or to assist you with your real estate needs. We are happy to help!
Wednesday, January 13, 2010
San Carlos 2009 Real Estate Market Update
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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