San Carlos Real Estate Summary.
As I predicted last week, the number of listings in San Carlos did indeed drop — to a low of 32. It will likely fluctuate around the low 30’s until the market starts up again in the new year. Buying activity was surprisingly strong, with 4 homes going into contract. And some of the hotter fall issues closed escrow this past week. The homes that sold at 112 Baytree Road, 131 Northam Avenue, and 387 Elm Street all fetched nice premiums over their listed prices.
Here’s a quick snapshot of the inventory of San Carlos single family homes as of 12-17-2011:
|Active Listings||34||35 (-2.9%)|
|Average Price of Active Listings||$989,914||$965,630 (+2.5%)|
|Average DOM of Active Listings||102||85|
|No. of Homes Pending Sale||29||30|
||1.2 : 1||1.2 : 1|
The San Carlos Open House Page.
If you’re looking at open houses this weekend in San Carlos here’s the only link you’ll need: The San Carlos Open House Page. With one click, you’ll get a “live” list of all the homes and condos that will be open this weekend in San Carlos! It’s updated continuously from the MLS, so bookmark this link and you’ll never have to wander around town looking for open houses again.
Single-Family Homes SOLD in San Carlos:
Below is a list of the single-family home contracts that closed escrow this past week in San Carlos. Click on the address of each to see the complete details.
|Address||Sold Price||Orig. List||Difference||DOM|
|112 Baytree Road||$1,291,000||$1,250,000||+$41,000 (+3.3%)||9|
|3261 Melendy Drive
|387 Elm Street||$1,185,000||$1,089,000||+$96,000 (+8.8%)||5|
|131 Northam Avenue
|428 Sycamore Street
— Here are some key statistics on the sales that closed this week:
|Closed Sales Stats||12-17-11||Prior Week|
|# Closed Sales||5||2|
|# of Sales Below List (% of total)||2 (40%)||2 (100%)|
|Sold Price vs Orig List (%)||101%||93%|
|Average DOM of Closed Sales||19||47|
(Click the “Homes Sold” button below see all of the homes that have sold in San Carlos in the past 3 months.)
Single-Family Homes Pending Sale in San Carlos:
The following homes went “Pending Sale” this week. Click on the address of any of these homes for additional info:
|Address||DOM (days)||List Price|
|735 Orange Avenue||26||$799,000|
|1040 San Remo Way||11||$998,000|
|143 Ruby Avenue||17||$799,000|
|1334 Cordilleras Avenue||23||$738,000|
(Click the “Homes Pending Sale” button below to see ALL the homes that are Pending Sale in San Carlos.)
New Single-Family Home Listings in San Carlos:
Below are the new listings that hit the market this past week in San Carlos. Simply click on the address of each home to get the complete details.
|Address||List Price||BR/BA||Sq Ft (home/lot)||Listed By|
|890 Hemlock Street
||$930,000||3BR/1BA||1,430/13,800||Mike Boos, Alain Pinel Realtors|
|10 Molton Avenue
||$699,000||3BR/2BA||1,330/7,772||John Shroyer, Today Sothebys|
(Click the “Homes For Sale” button below to see ALL of the homes currently for Sale in San Carlos.)
What’s Open This Weekend?
Click the “Open House” button to see ALL of the homes and condos scheduled to be open this weekend in San Carlos.
Want Your Info Sooner?
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)
Welcome to to the White Oaks Blog — the most widely read blog dedicated to the San Carlos real estate market! Have blog updates sent to you automatically by subscribing for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Don’t miss a single update!