The San Carlos real estate market has improved in every critical category used to gauge market conditions. Since hitting bottom in 2009, the San Carlos real estate market has had a steady climb back, recapturing a portion of the loss it experienced in the downturn which hit San Carlos in October of 2008 and lasted for most of 2009.
This post contains four tables measuring the strength of the San Carlos real estate market:
1. San Carlos Real Estate Market: 2009 Versus 2010
2. Belmont Real Estate Market: 2009 Versus 2010
3. Six Different Areas of San Carlos 2009 Versus 2010
4. Last Six Months Homes Sales in San Carlos
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I also receive many inquiries on how Belmont stacks up against San Carlos. Both towns are similar in size, right next door to each other and both offer outstanding schools. Here are the same numbers of the same periods of time for Belmont:
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Below are the statistics comparing 2009 and 2010 for each of the six Areas of San Carlos. Isolating the different areas of San Carlos allows for a more detailed look at how particular areas have recovered. For a color coded map of each of the six Areas, please click here.
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Below is a list of all single family residences to sell in San Carlos in the previous six months.
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is anyone else concerned about the water rates we’re paying this last year? how about the politics of declaring a “drought” year which affects the rates water companies can charge, when reservoirs last year exceeded 90% of capacity?
how about the vastly different rates paid by neighboring communities on the peninsula?
i noticed that there is a lot of public discussion, outcry, etc about extra parcel taxes but these are miniscule in comparison to the “water tax” which is an extra $1000 to $1500 per year in water costs for an average sized lot in San Carlos.