San Carlos Real Estate Market Report - San Mateo, California
San Carlos, California - San Mateo
| Market Commentary Provided by The Bryce Cook Group If you can qualify, now is an exceptional time to buy a home in San Carlos. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 650-642-5325 |
| Report Date | Winter 2010 |
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The Bryce Cook Group
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| Nearest Metro Area | San Francisco | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Limited Supply | ||||
| Average Home Price | $1,100,000 - View Graph Trend | ||||
| Best Selling Price Range | $850,000 - $899,000 | ||||
| Worst Selling Price Range | $150,000 - $199,000 | ||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in San Carlos is | Decreasing | ||||
| Seller Activity for the past 90 days in San Carlos is | Increasing | ||||
| Is Financing Available For Qualified Buyers in San Carlos? | Yes | ||||
| Existing Home Prices for the past 90 days are | Increasing | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Most cities within the San Mateo County area are considered 'Housing Hotspots' | ||||
| Reason to Buy/Sell | Good economic news | ||||
| Average Sold Price | $1,100,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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