Even though it seems that inventory has increased, it remains hard to find a home to purchase in Belmont or San Carlos California.
On our MLS today, Belmont has 20 active listings, 12 single family homes and 8 townhouses/condos. San Carlos has 23, 17 single family homes and 6 townhouses/condos.
I have a buyer actively looking for a 3 bedroom home in Belmont, or in the San Carlos area serviced by Carlmont High School where her children currently attend.
Of the listing mentioned above:
- Belmont has a total of 6 properties, 3 single family homes and 3 townhouses. Asking prices range from $1,295,000 to $1,588,000
- San Carlos has only 4 3-bedroom properties that meet the school criteria, ranging in price from $1,495,000 to $2,499,000.
Buyers and their real estate agents must be diligent, have their pre-approval ready to go, and get ready to jump as soon as a suitable place comes on the market. Patience is also required. It's a tough balancing act.