2013 Home Prices in San Carlos, CA 94070

Home prices in San Carlos, CA soared in 2013, with the median price of homes listed for sale on our multiple listing service up approximately 21% over 2012 levels, and 2012 was a year of strong appreciation, too.

San Carlos 94070 avg sales price 2013

Low interest rates and a strong local economy resulted in many ready and able buyers. The problem encountered was one of low inventory; there simply weren't enough homes for the number of buyers wanting to settle in San Carlos.

The ratio of the average sales price to list price as shown below gives a clear picture of the 2013 housing market in San Carlos. With sales prices 6%, 8%, 10% over list price for the last 11 months, you know it's a robust market.

avg sale price vs list price, 2013, 94070

How will 2014 be for sellers and buyers in San Carlos CA? It isn't possible to predict, but as of late January there are only 6 single family homes listed for sale on our multiple listing service. Of those 6, only 1 is listed under $1,000,000. (That one is a 2-bedroom, 1-bath home listed at $849,950.) There are 9 pending sales.

Homeowners, if you are thinking about selling, let's talk and see if it is the right time for you.

Buyers, don't be discouraged; armed with knowledge, you'll be in a position to realize your dream of home ownership. The market conditions are challenging, but with interest rates still low, your purchasing power is great. Contact me if I can help.

--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®

Today | Sotheby's International Realty

San Carlos, California, 94070

CA BRE#01215160; 650-465-4547

Lottie@LottieKendall.com;

www.LottieKendall.com

www.SFCondosForMe.com

 

 

Comment balloon 11 commentsLottie Kendall • January 22 2014 10:09AM

Comments

Lottie - It must be good to see those numbers moving up once again

Posted by Kathy Clulow, Trusted For Experience - Respected For Results (RE/MAX All-Stars Realty Inc. Brokerage) almost 4 years ago

Lottie - Great information and real estate data for anyone following the San Carlos, CA housing market!

Posted by Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com, Tahoe Real Estate Agent Helping Buyers and Sellers (Coldwell Banker, Tahoe City, CA (530) 414-1260) almost 4 years ago

San Carlos homes just continue to rise in price.  I hope 2014 is another great year fir real estate in San Carlos!

Posted by Judi K Barrett, BA, Integrity Real Estate Services -IDABEL OK (Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma) almost 4 years ago

What a great overview of San Carlos home prices, Lottie. You really know your market.

Posted by Jane Peters, Connecting you to the L.A. real estate market (Home Jane Realty) almost 4 years ago

San Carlos must be a wonderful place to live, with all of that demand for houses!

Posted by Dagny Eason, Fairfield County CT, CDPE Homes For Sale and Condo (Dagny's Real Estate) almost 4 years ago

Lottie, great market report for San Carlos, and it does definitely look like a robust market!

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) almost 4 years ago

Kathy, fortunately our area wasn't badly hurt during the downturn, but the increases in the last two years have been pretty amazing.

Laura, I try to get the word out, especially to those wondering if this is a good time to sell.

Judi, so far inventory is as tight as ever, and demand as high. We'll see what transpires.

Posted by Lottie Kendall, Serving San Mateo County and San Francisco (Today | Sotheby's International Realty) almost 4 years ago

Jane, I've been working in the San Carlos market for years and following its trends. I'm glad if this information was helpful to you.

Dagny, our economy is strong, our weather fabulous, recreational & cultural activities abound - all help create this strong demand for housing.

Joan, you're right - robust is a good way to describe the market here.

Posted by Lottie Kendall, Serving San Mateo County and San Francisco (Today | Sotheby's International Realty) almost 4 years ago

Lottie  It will take someone with your expertise for a buyer to be not only able to find a home but get it under contract and to the closing table.  Thanks for sharing what looks to be another really hot market.

Posted by John G. Johnston, An Exclusive Buyer's Agent ~ Westcliffe, CO (John G. Johnston & Associates, LLC) almost 4 years ago

John, as 2014 gets started, we seem to have the same issues in the San Carlos CA real estate market - plenty of buyers but few homes to sell them. However, slowly inventory is coming on the market; I usually have 2-4 properties to show a buyer. We'll see what transpires as the year progresses.

Posted by Lottie Kendall, Serving San Mateo County and San Francisco (Today | Sotheby's International Realty) almost 4 years ago

Lottie - inventory is often an issue even with increasing numbers of listings as there are usually an increasing number of buyers at the same time.

Posted by Kathy Clulow, Trusted For Experience - Respected For Results (RE/MAX All-Stars Realty Inc. Brokerage) almost 4 years ago

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