What segment of theÂ San CarlosÂ real estate market is the strongest at the present time?
I have broken down theÂ San CarlosÂ market into four quartiles of price ranges.
The median price for theÂ highest quartile (1st)Â price range in San Calros is $1.6M.
The median price for the next highest quartile (2nd)Â price range in San Carlos is $1.1M.
The median price for the next highest quartile (3rd)Â price range in San Carlos is $850K.
The median price for the lowest quartile (4th)Â price range in San Carlos is $720K..
Below you will find chart showing market action index for each qaurtile.
30 is considered a balanced market.
Above 30 is a sellers' market.
Below 30 is a buyers' market.
One can see that the third quartile with a median price of $850K is by far the strongest segment of the San Carlos market. It appears that buyers are "hot" for entry-level hoems west of El Camino in the $850,000 to $950,000 price range.