The market for single-family homes in San Carlos, Ca, 94070 remains attractive to buyers. During February, March and the first part of April, we were woefully short of inventory which resulted in multiple offers becoming common once again. During the past 30 or so days, more homes have been listed for sale, but activity remains good. There definitely are people looking to buy a 3- or 4- bedroom home, and when value is perceived (price and condition) they sell quickly and often with multiple offers.
Take a look at the ratio of sales price to list price--pretty amazing. And when the particular neighborhoods have such few sales, looking at the city-wide statistics might give you a better idea of the trends.
All in all, the market up and down the Peninsula is alive and well. If you're thinking about buying or selling in one of these or neighboring towns, give me a call or drop me a note. I'd be happy to let you know in greater detail what is happening in your town, your neighborhood, your street.