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The San Carlos Real Estate Week in Review: 9-27-14.

The San Carlos Real Estate Week in Review is the only comprehensive weekly summary of the San Carlos real estate market, and it’s published every Monday on the White Oaks Blog.

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Coming This Weekend: 1627 Saint Francis Way, San Carlos

The Very Best of White Oaks. Everyone has a San Carlos home or two in their mind that so enchants or intrigues them that they think, “I can’t wait for that house to go on the market someday just so that I can see it.”   I know I have a …

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The Realtor Zones. When it comes to residential real estate, the City of San Carlos is divided up into 6 different real estate “zones”: Alder Manor (Area 350), Beverly Terrace (351), El Sereno Corte (352), Howard Park (353), Clearfield Park (354), and Cordes (355). When a home is for sale …

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The San Carlos Real Estate Week in Review: 9-27-14.

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The San Carlos real estate market is resolving any doubts about any potential softening or leveling-off coming out of the slower months of July and August.  Buyers are definitely out in full force this Fall, as open houses have been very well attended and multiple offers are still happening for the right properties.

Five of the eight homes that went into contract this past week were on the market for less than two weeks.   Many of the hotter issues are only on the market for a single week, which means buyers must prioritize getting in to see these homes as soon as possible, whether at the open house or via a private showing.   As the daylight hours start to dwindle at this time of they year, that poses even a bigger challenge if you’re trying to view homes after work during the week.

And speaking of hot new listings, stay tuned to the sight in the coming days – I’ve got another spectacular downtown home that will be on the market this weekend.

Here are the details from last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 9-27-2014:

San Carlos Housing Data 9-27-14 Prior Week
Closed Sales for the Week: 6 12
Average Sold Price: $1,573,333 $1,460,042
Average $/Sq Foot (Sold) $781 $819
Average Sold – Percentage Of List Price: 100% 108%
Average DOM of Closed Sales 21 10
No. of Homes Pending Sale: 29 27
No. of Active Listings: 15 16
Average Price of Active Listings: $1,385,123 $1,406,479
Average DOM of Active Listings: 16 15
Average $/Sq Foot (List) $706 $706
Active-Pending Ratio: 0.5 : 1 0.6 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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Coming This Weekend: 1627 Saint Francis Way, San Carlos

September 26, 2014 San Carlos Real Estate No Comments
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The Very Best of White Oaks.

Everyone has a San Carlos home or two in their mind that so enchants or intrigues them that they think, “I can’t wait for that house to go on the market someday just so that I can see it.”   I know I have a few of those on my list, too, and I’m absolutely delighted to be bringing one of those homes onto the market this weekend:

1627 Saint Francis Way, in the White Oaks neighborhood of San Carlos.

I’m sure this home is on a few of your lists as well.

1627 Saint Francis Way is one of those homes that has such tremendous curb appeal that it literally makes you do a double-take when you drive by.    The articulate craftsman detail of the front facade and the impeccably landscaped yard make this one of the most attractive homes in all of White Oaks, let alone on the entire street.   And I can tell you this first-hand– it’s just as amazing on the inside as it is on the outside.

But don’t just take my word for it — click this link for all of the pictures and the virtual tour.

Class and Elegance.

From the minute you step inside 1627 Saint Francis, you are embraced by the elegance and style of this home.   Whether you’re impressing your friends with a lavish dinner party, or simply relaxing at home with the family, this home is equally adept at either task.

The living and dining areas flow seamlessly together, and share a spectacular soaring vaulted ceiling and articulate details throughout. There’s a cozy sitting area around the fireplace where you can catch the big game, or just curl up and enjoy the quiet time with a good book.

The spectacular remodeled eat-in kitchen adjoins this living and dining area,  and is simply a sight to behold.  With elegant granite counters, dark wood cabinets, and stainless steel appliances, this is kitchen is a chef’s dream.  But it’s also tremendously functional, with a large island that is perfect for those casual dining times.   The family room connects right to the kitchen area for that sought-after “great room” feel too.

These main living areas flow so effortlessly together that you can easily see how this home can gracefully handle your biggest  entertainment events.

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And when it’s time to retreat for the evening, you’ll love the fact that all three generously-sized bedrooms are logically situated together at the rear of the home.  The bedroom to the rear of the home is incredibly spacious, and can easily handle two full bedroom sets, which is perfect for those kids who want to bunk together.   And the second bedroom is ideally suited as a guest bedroom or a home office.

But the real treat awaits you in the private master suite.   You’ll absolutely love relaxing in this private oasis, complete with its own private bathroom that has been remodeled to suit even the most discriminating taste.   You even have a private access to gorgeous landscaped back yard.

Outdoor Living.

And speaking of yards, this home checks one of the biggest boxes that’s on the checklist of just about every San Carlos buyer today — a flat, usable yard.   This beautifully landscaped back yard has a lush green lawn that’s perfect for a kid’s play area.    There’s even a separate workshop that has been fully connected with electricity that can double as an art studio, or a detached playroom for the kids.

When you’re finally ready to relax, there’s a flagstone patio area where you can kick off your shoes and enjoy a cup of coffee and the paper.   This home has it all.

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If you’re looking for a spectacular home in the flatlands of San Carlos, then put 1627 Saint Francis Way at the top of your list of ones to see this weekend. There are only about a dozen homes for sale right now in all of San Carlos — and fewer than half of them are in the flats.   This amazing home is listed at $1,495,000 and will be open on both Saturday and Sunday from 1-4.

I can assure you that this one will not be on the market very long, so don’t miss your chance to see it!
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 9-20-14.

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The Fall real estate market is now in full swing in San Carlos.  There were 12 closings last week, which is a testament to how much activity has been going on in the past month or so.  Pricing has remained strong, with the past group of homes fetching an average of 8% over the asking price.  Some were much higher, as you can see below.

Buyers made a strong statement that they are back in the hunt, as seven homes from last week’s inventory were snapped up — and it’s worth noting that all 7 of these homes were only on the market for two weeks or less.  So the inventory is turning at a pretty brisk pace again right now in San Carlos.  What’s the message in that for buyers?  You need to make sure you get out to see new homes as soon as they hit the market.  The homes that are priced right and check the most number of boxes for today’s buyers are starting to sell again in just the first week on the market.

Here are the details from last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 9-20-2014:

San Carlos Housing Data 9-20-14 Prior Week
Closed Sales for the Week: 12 3
Average Sold Price: $1,460,042 $1,173,333
Average $/Sq Foot (Sold) $819 $653
Average Sold – Percentage Of List Price: 108% 101%
Average DOM of Closed Sales 10 31
No. of Homes Pending Sale: 27 34
No. of Active Listings: 16 15
Average Price of Active Listings: $1,406,479 $1,411,779
Average DOM of Active Listings: 15 18
Average $/Sq Foot (List) $706 $734
Active-Pending Ratio: 0.6 : 1 0.44 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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Coming This Weekend: 1700 Greenwood Avenue, San Carlos

September 17, 2014 San Carlos Real Estate No Comments
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Location, Location, Location…

So you’re one of the many San Carlos home buyers that wants a charming home in the flats, right?   One with a great yard that’s perfect for entertaining?  And of course, you want it to be centrally located and close to everything that’s important to you… That sounds like a really tall order to fill in a city where there are only about 14 homes for sale right now — and probably even fewer by the time this weekend rolls around.

Well, I have just the home for you…

This weekend I will be unveiling my latest listing at 1700 Greenwood Avenue.  This warm and charming 3-bedroom, 2-bath home checks many of the boxes that today’s San Carlos home buyers are looking for — the first of which is a superb location in the flats.

If you’re familiar with San Carlos, this block of Greenwood Avenue not only has fantastic curb appeal, but it’s just about as centrally located in town as you can possibly be.   Burton Park is only a block away.   You’re under a mile to both Brittan Acres Elementary  and Central Middle Schools.  Ditto for Town Restaurant and the rest of the trendy downtown San Carlos dining and shopping district.  Caltrain?  1 easy mile away.    Even if you decide to venture to Redwood City’s booming downtown district, that’s only about 1.5 miles.

Wherever you need to be, this home is close to it.

Warmth and Charm.

From the minute you step inside,  you get a feeling that this is a warm and charming home — a place that you would love to raise your family, or proudly have your friend over for a dinner party.  Gorgeous, random-plank hardwood floors grace the entry way and run throughout most of the home.

There’s a cozy eat-in kitchen with a fantastic breakfast nook area for those days when you when you just want to keep your dining casual.   But for those times when you need to formally entertain, this home has got that covered as well with the separate, elegant dining area.

The floor plan of this home flows very well and every room is logically placed.  The kitchen and dining areas connect perfectly to the huge living room.  This combined area is perfect for entertaining and makes the home feel greater than 1,690 square feet, but still provides a logical separation between the living and bedroom areas.

Speaking of bedrooms, there are three generously-sized bedrooms that are located toward the rear of the home.   And you’ll love the fact that this home has a spacious, private master suite — so no more sharing the hall bathroom with everyone else!

Outdoor Entertainment.

In my mind, what really sets this home apart is that it totally embraces the San Carlos outdoor lifestyle.   Want to spend time outside in the front yard?  No problem — there’s a huge fenced-in courtyard with a new lawn where you can sit back and watch the neighborhood come to life.

But if outdoor entertaining is your forte, you absolutely must see the built-in backyard barbecue, complete with a full gas cooktop, gas burning fireplace, refrigerator and sink.   There is no party that this set-up can’t handle with absolute ease.  Even if you just want to relax on a nice summer evening and cozy up to the glowing fireplace, this is a place you will spend lots of time.

Put this home at the top of your list of ones to see this weekend. There are only 3 homes for sale right now in the highly desirable area between El Camino and Alameda in San Carlos — and not one of them is priced below $1,500,000 — until now.   This amazing home is listed at $1,395,000 and will be open on both Saturday and Sunday from 1-4.

I can assure you that this one will not be on the market long, so don’t miss it.

Click this link to view the virtual tour!
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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The San Carlos Real Estate Week in Review: 9-13-14.

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The dramatic drop-off in new listings in the San Carlos market last week really surprised everyone who watches this market closely.  There were only 3 new listings to pop up last week, and only one of them listed on Friday.  That meant that prospective home buyers had only 15 single-family homes in the entire city to choose from over this past weekend.   With all of the pre-sales activity that has been going on behind the scenes, that’s just a surprisingly low number.   When you combine that with the 7 homes that went into contract over the same period, our inventory is starting to look like it did back in the spring — really slim.

But there should be more hitting the market this week.  I have another fabulous San Carlos home in the flats that I will be listing later this week — stay tuned to the site for more details.

Here are the details from last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 9-13-2014:

San Carlos Housing Data 9-13-14 Prior Week
Closed Sales for the Week: 3 6
Average Sold Price: $1,173,333 $1,315,000
Average $/Sq Foot (Sold) $653 $820
Average Sold – Percentage Of List Price: 101% 99%
Average DOM of Closed Sales 31 27
No. of Homes Pending Sale: 34 27
No. of Active Listings: 15 20
Average Price of Active Listings: $1,411,779 $1,327,326
Average DOM of Active Listings: 18 17
Average $/Sq Foot (List) $734 $743
Active-Pending Ratio: 0.44 : 1 0.74 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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The San Carlos Real Estate Week in Review: 9-6-14.

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The fall real estate market in San Carlos is really flexing its muscle, much as I expected it would.  Last week, 9 new listings hit the market, which is a significant injection of inventory for any time of the year let alone the fall.   But that barely made a dent in the number of homes for sale, because San Carlos home buyers snapped up 7 homes during the same period.   The net result is that the total inventory level remained nearly unchanged from last week, and is sitting at 20 homes for sale at the time of this update.

Open houses were very well attended over the weekend, as many serious buyers were out looking to get their home deal locked up before the holiday season gets here.   If you have been looking for a home all year in San Carlos and have been frustrated by the lack of inventory and the intense competition, I highly encourage you to stay on task over the next two months.  There will be some really good homes hitting the market this fall, and I believe that those buyers who remain committed to finding their perfect San Carlos home may finally be rewarded.

Here are the details from last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 9-6-2014:

San Carlos Housing Data 9-6-14 Prior Week
Closed Sales for the Week: 6 5
Average Sold Price: $1,315,000 $1,643,000
Average $/Sq Foot (Sold) $820 $713
Average Sold – Percentage Of List Price: 99% 109%
Average DOM of Closed Sales 27 20
No. of Homes Pending Sale: 27 26
No. of Active Listings: 20 20
Average Price of Active Listings: $1,327,326 $1,375,934
Average DOM of Active Listings: 17 21
Average $/Sq Foot (List) $743 $728
Active-Pending Ratio: 0.74 : 1 0.77 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
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Coming This Weekend: 3140 Melendy Drive, San Carlos

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A California-Mediterranean Classic

I am absolutely thrilled to introduce the first of four spectacular listings that I will be unveiling in the coming weeks in San Carlos. Prepare to be swept off your feet by 3140 Melendy Drive.  With breathaking views of the San Francisco skyline and bay, this incredible 3-bedroom home was lovingly remodeled just six year ago, and features European class and grace throughout.

Your guests will enter an expansive foyer with lofty ceilings and elegant limestone tile floors.  The Italian-inspired archways accentuate your entry into the living and dining areas.  The formal living room features a coved ceiling with indirect back-lighting to set an intimate mood.  There’s even a pass-through gas fireplace that provides warmth and serentity to the living and dining areas simultaneously.

The main living area flows seamlessly into the separate family room, which is a cozy getaway which weaves a craftsman-style feel to the architecture with its intricate boxed ceiling design.
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The gourmet kitchen is as functional as it is beautiful, with granite counters and tumbled marble backsplash.  You’ll enjoy taking in the spectacular views of the bay from this kitchen while preparing your favorite meal, or relaxing with friends and family around the center island.

If eating outside is your preference, you will enjoy many warm summer nights and gorgeous sunsets on the expansive back deck that offers breathtaking, sweeping views of the Bay Area, including an unobstructed view of the San Francisco skyline.

When it’s time to retreat, you’ll love the private master suite that also affords you unparalleled canyon and bay views.  The luxuriously appointed master bathroom brings in a more modern flair, with a seamless-glass shower stall and dual vanity sink.

Click this link to view the virtual tour!

Every convenience was carefully thought out with this home, right down to the separate full laundry room that’s adjacent to the garage.

The open and intelligent floor plan of this home is perfect for entertaining your friends, or just kicking back and relaxing.  You simply won’t find many San Carlos homes with all of the luxurious amenities and spectacular views that this home offers.  Oh yes, and did I mention the VIEWS??

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Put this home at the top of your list of ones to see this weekend.  This amazing home is listed at $1,698,000 and I will have it open on both Saturday and Sunday from 1-4.  Prepare to be impressed!

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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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The San Carlos Real Estate Week in Review: 8-30-14.

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The first week of the fall market in San Carlos was definitely a strong one.  I get the sense that buyers are going to have some great choices in the coming weeks.   Stagers, inspectors, and title reps are all very busy right now, which is a strong indicator that more inventory is on the way.   I have several stellar San Carlos listings that will be coming on the market in September, so stay tuned to the site for more details on these incredible homes.

For those of you hoping that the amount of overbidding and multiple offers might curb a bit in the fall market, that sure didn’t happen last week.   The five homes that changed hands last week did so at about a 9% premium over the asking price, which as been pretty typical of the market this year.    Fasten your seatbelts — the fall market is here, and there are some very cool listings on the horizon!

Here are the details from last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 8-30-2014:

San Carlos Housing Data 8-30-14 Prior Week
Closed Sales for the Week: 5 4
Average Sold Price: $1,643,000 $1,322,250
Average $/Sq Foot (Sold) $713 $728
Average Percentage Over List Price: 109% 105%
Average DOM of Closed Sales 20 21
No. of Homes Pending Sale: 26 23
No. of Active Listings: 20 20
Average Price of Active Listings: $1,375,934 $1,481,112
Average DOM of Active Listings: 21 19
Average $/Sq Foot (List) $728 $758
Active-Pending Ratio: 0.77 : 1 0.87 : 1

>>> Click Here to Read the Full Post
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Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
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