The San Carlos Real Estate Week in Review: 4-14-12.

April 15, 2012

1837-Howard-Avenue

San Carlos Real Estate Summary.

There's an interesting nugget in this week's data – of all the homes that closed escrow this past week, over half of them were below their original list price.    Looking at the days-on-market averages for that group, it's apparent that buyers are circling back and looking at some of the homes that have been on the market for an extended period of time — something we discussed on the site a few weeks back.

But don't let that suggest that the market is cooling down just yet in San Carlos.  Multiple offers and aggressive bidding are still the norm for the time being.   Here's a look at this week's numbers…

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 4-14-2012:

San Carlos Housing Data 4-14-12 Prior Week
Closed Sales for the Week:
8 3
Average Sold Price
$856,063 $649,667 (+32%)
Average $/Sq Foot
$582 $569
Sold Price vs Orig List (%) 98% 104%
Average DOM of Closed Sales 104 12
No. of Homes Pending Sale: 58 60
Inventory of Active Listings:
20 19 (+5%)
Average Price of Active Listings: $1,613,602 $1,673,657 (-4%)
Average DOM of Active Listings: 26 31
Active-Pending Ratio:
0.34 : 1 0.32 : 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:

1837 Howard Avenue, San Carlos

1837 Howard Avenue, 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
1837 Howard Avenue
$1,485,000 $1,500,000 -$15,000 (-1.0%)
15
37 Chilton Avenue
$995,000 $949,000 +$46,000 (+4.8%)
7
339 Chesham Avenue $930,000 $949,000 -$19,000 (-2.0%)
23
162 Ruby Avenue $755,000 $699,000 +$56,000 (+8.0%)
8
1449 Howard Avenue
$752,500 $849,000 -$96,500 (-11.4%)
231
44 Plymouth Avenue $710,000 $689,000 +$21,000 (+3.0%)
11
1540 Hull Drive
$671,000 $690,000 -$19,000 (-2.8%)
40
349 Laurel Street
$550,000 $695,000 -$145,000 (-20.9%)
495

(Click the “Homes Sold” sign below see all of the homes that have sold in San Carlos in the past 3 months.)

Homes Sold in San Carlos

Homes Sold in San Carlos

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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
1532 Greenwood Avenue
17 $699,000
6 Estates Court
11 $1,775,000
4 Porto Marino Lane
9 $1,275,500
175 Lyndhurst Avenue
42 $1,367,000
411 Hill Way
80 $1,099,500
1009 Walnut Street
16 $681,800
144 Wildwood Avenue
35 $998,950

(Click the “Homes Pending Sale” sign below to see ALL the homes that are Pending Sale in San Carlos.)

Homes Pending Sale in San Carlos

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New Single-Family Home Listings in San Carlos:

 

134 Hillcrest Road, San Carlos

134 Hillcrest Road, 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
134 Hillcrest Road $1,749,000 4BR/3BA 2,490/9,628 Sylvia Martinelli, Realty World
477 Emerald Avenue $1,550,000 4BR/3BA 2,560/5,264 David Young, Coldwell Banker
233 Club  Drive $929,000 3BR/2BA 1,300/.48 acres Tom Stone, Coldwell Banker
437 Hillcrest Road $910,000 2BR/1BA 1,120/7,644 Greg Pierce, Intero
2836 Roland Avenue $873,000 3BR/2BA 1,540/5,580 Casey Sternsmith, Coldwell Banker
1464 Cordilleras Avenue $731,000 3BR/2BA 1,350/4,400 Laura Bertolacci, Today Sothebys
819 Sunset Drive $595,000 3BR/1BA 1,280/10,400 Rose Serdy, Alain Pinel Realtors

(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)

Homes for Sale in San Carlos

Homes for Sale in San Carlos

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Condos and Townhomes Sold in San Carlos:

Below are the condos/townhouses that sold this past week. Click on the address for all of the details:

Address Sold Price Orig. List Difference DOM
3334 Brittan Avenue #15
$432,000 $399,000 +$33,000 (+8.3%)
2
1700 San Carlos Avenue #202
$393,000 $429,000 -$36,000 (-8.4%)
70

(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)

Condos Sold in San Carlos

Condos Sold in San Carlos

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

Address DOM (days)
13 Chicory Lane
239

(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)

Condos Pending Sale in San Carlos

Condos Pending Sale in San Carlos

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New Condo/Townhouse Listings in San Carlos:

The following condo/townhouses listed this past week. Click on the address or MLS # or all the details:

Address List Price BR/BA Sq Feet Listed By
1555 Cherry Street #1
$589,000 2BR/2.5BA 1,100 Jim Minkey, Today Sothebys
3364 La Mesa Drive #7
$459,000 2BR/2BA 1,040 Sean Clar, RE/MAX Star

(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)

Condos for Sale in San Carlos

Condos for Sale in San Carlos

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What's Open This Weekend?

Click the “Open House” sign below to see ALL of the homes and condos scheduled to be open this weekend in San Carlos.

Open House in San Carlos

Open House in San Carlos

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Want Your Info Sooner?

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(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)

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