San Carlos Real Estate Update November 2011 - Sales Dip
In November, there were 17 homes that sold in San Carlos, down from 30 homes sold in October and 22 homes sold last November. While November 2011 was a relatively slower month, 2011 sales activity still continues to outpace 2010. Through the first eleven months of the year, there have been 264 sales, up 26% from the prior year, and up 25% from 2009. This is not surprising given how desirable San Carlos is a place to live, coupled with the excellent public elementary school system.
Selling values appear to be flat, neither rising nor falling. Average prices are in the $950,000 range, and have been moving sideways for the past 12 months. The average price per square feet is in the $540-$550 range, and has shown no real change on a trending basis. Median prices are in the $900,000-$950,000 range, and on a 12 month rolling average basis are at their highest level since the middle of 2009.
If you're interested in learning more about the San Carlos real estate market, considering selling your home in San Carlos, or thinking about moving to San Carlos, please drop me a line and I'd love to connect with you.
By The Numbers - San Carlos Real Estate for November 2011
|Current Month||YTD Total or Average|
|November 2010||November 2011||Jan - Nov 2010||Jan - Nov 2011|
|Days on Market||52||30||3333|
|Months of Supply||3.1||2.4||2.9||2.4|