3 pending sales, 9 closed escrows, and NO new listings makes for a frustrating week for San Carlos buyers. I can’t recall the last time there wasn’t a new issue in San Carlos in an entire week! That doesn’t mean that buyers weren’t out there working — 2120 Belmont sold this week amidst a plethora of offers. (Yes, a plethora..) But with the average days-on-market of all the active listings now sitting at 136 days, there’s nothing new to choose from.
If there’s any good news here, it’s that I sense that some fresh, new inventory will hit the market in January. So hang in there…
Here’s a snapshot of the San Carlos market, as of 12/5. The previous week’s stats are in parentheses:
|< $1M||15 (17)||17 (19)||0.9 : 1 (0.9 : 1)|
|$1M –$1.5M||10 (12)||7 (11)||1.4 : 1 (1.1 : 1)|
|>$1.5M||8 (8)||2 (2)||4 : 1 (4 : 1)
|Total||33 (37)||26 (32)||1.3 : 1 (1.2 : 1)|
What Sold in San Carlos
Below are homes that sold this past week in San Carlos. Click on the respective addresses to get all the details.
- Pictured Above — Sale Price: $1,199,000. Original List Price: $1,238,000. Difference: $39,000 (3.2%) below original list. DOM: 107 Days. (started out on the market at $1,295,000) MLS # 80934455. Listed by Melanie Smith of Coldwell Banker.
- Sale Price: $1,185,000. Original List Price: $1,195,000. Difference: $10,000 (0.8%) below original list. DOM: 140 Days. (started out on the market at $1,295,000) MLS # 80950317. Listed by John Shroyer of RE/MAX Today.
- Sale Price: $1,040,000. Original List Price: $1,095,000. Difference: $55,000 (5.0%) below the original list. DOM: 56 Days, MLS #80938560. Listed by Deidre Sauvage of Coldwell Banker.
- Sale Price: $1,025,000. Original List Price: $1,050,000. Difference: $25,000 (2.4%) below the original list. DOM: 0 Days, MLS #80947753. Listed by Mark Benson, Broker.
- Sale Price: $844,000. Original List Price: $839,000. Difference: $5,000 (0.6%) above the original list. DOM: 5 Days, MLS #80948673. Listed by Richard Freedman of Intero Real Estate Services.
- Sale Price: $835,000. Original List Price: $829,000. Difference: $6,000 (0.7%) above the original list. DOM: 3 Days, MLS #80949423. Listed by Loren Dakin of Alain Pinel Realtors.
- Sale Price: $749,000. Original List Price: $729,000. Difference: $20,000 (2.7%) above the original list. DOM: 11 Days, MLS #80950739. Listed by Chet Lane of Prudential California Realty.
- Sale Price: $745,000. Original List Price: $825,000. Difference: $80,000 (9.7%) below the original list. DOM: 89 Days, MLS #80935494. Listed by Edward Mullins, Mullins & Company.
- Sale Price: $700,000. Original List Price: $765,000. Difference: $65,000 (8.5%) below the original list. DOM: 51 Days, MLS #80935135. Listed by Ruba Kaileh of RE/MAX Today.
Click the SOLD button below see all of the homes that have sold in San Carlos in the past 3 months.
Want your sold data sooner? Follow my updates on Twitter where I post San Carlos home sales as they happen. Just click on the Twitter button below….
Homes Pending Sale in San Carlos
The following homes went “Pending Sale” this week — click on the address for more info:
- 184 Sycamore St, after 22 days on the market.
- 776 Tamarack Ave, after 44 days.
- 2120 Belmont Ave, 8 days (multiple offers)
(Click this button to see all the homes that are Pending Sale in San Carlos.)
New Listings in San Carlos
There were no new listings this past week in San Carlos.
(Click this button to see ALL of the homes currently for sale in San Carlos.)
Open Houses in San Carlos
(Click this button to see ALL of the open houses scheduled for this weekend in San Carlos.)
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)
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!