The San Carlos Real Estate Week in Review: 5-12-12.

May 13, 2012

1528-Saint-Francis-Way

San Carlos Real Estate Summary.

New listings exceeded the number of pending sales this past week, resulting in a 24% uptick in the number of homes for sale in San Carlos.  But even with 26 homes currently for sale, that represents about half of what we would see in a normal year at this point in the spring market.   With the end of the school year just around the corner, it will be interesting to see what impact (if any) that will have on the temperature of the real estate market in San Carlos.

Here are the numbers for the 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 5-12-2012:

San Carlos Housing Data 5-12-12 Prior Week
Closed Sales for the Week:
8 10
Average Sold Price
$1,215,625 $1,069,360 (+13.7%)
Average $/Sq Foot
$523 $524
Sold Price vs Orig List (%) 101% 101%
Average DOM of Closed Sales 22 28
No. of Homes Pending Sale: 39 43
Inventory of Active Listings:
26 21 (+24%)
Average Price of Active Listings: $1,368,188 $1,458,326 (-6.2%)
Average DOM of Active Listings: 26 32
Active-Pending Ratio:
0.67 : 1 0.5 : 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:

2058 Carmelita Drive, San Carlos

2058 Carmelita Drive, 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
2058 Carmelita Drive
$1,895,000 $1,825,000 -$70,000 (-3.7%)
44
1338 Pebble Drive
$1,703,000 $1,669,000 +$34,000 (+2.0%)
7
4 Porto Marino Lane
$1,350,000 $1,275,500 +74,500 (+5.8%)
9
175 Lyndhurst Avenue
$1,267,000 $1,367,000 -$100,000 (-7.3%)
42
205 Beverly Drive
$1,205,000 $1,125,000 +$80,000 (+7.1%)
10
837 Elm Street
$945,000 $945,000 $0 (0%)
0
2015 San Carlos Avenue
$720,000 $699,000 +$21,000 (+3%)
30
1064 Lupin Way
$710,000 $739,000 -$29,000 (-3.9%)
33

Note: The sold data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(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
3150 Melendy Drive
57 $1,267,000
398 Cedar Street
19 $699,000
332 Chesham Avenue
182 $799,000
2041 Brittan Avenue 9 $899,950
864 Bauer Drive
9 $1,179,000

Note: The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(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:

1528 Saint Francis Way, San Carlos

1528 Saint Francis Way, 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
1528 Saint Francis Way $1,895,000 4BR/3.5BA 3,375/6,325 Anna Wong, Alain Pinel Realtors
501 Walnut Streeet $1,500,000 3BR/2.5BA 3,020/10,500 Janet Pepe Davis, Hometown Realty
2879 Roland Avenue $1,368,000 4BR/3BA 3,220/24,567 David Young, Coldwell Banker
427 Ridge Road $927,000 3BR/3BA 2,165/4,950 Alex Feldman, Alain Pinel Realtors
130 Acacia Court $899,950 4BR/2.5BA 1,710/5,568 Tom Tornquist, RE/MAX
2233 Brittan Avenue $799,000 3BR/1.5BA 1,490/6,875 Janet Pepe Davis, Hometown Realty
1532 School Street $749,000 3BR/1.5BA 1,420/5,625 Lottie Kendall, Today Sothebys
140 Winding Way $300,000 2BR/1BA 880/4,590 Jeannette Dane, Premier Properties

(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
793 Elm Street #15
$510,000 $560,000 -$50,000 (-9.8%)
50

(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)
1125 Royal Lane
14

(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
432 Portofino Drive #405
$648,000 2BR/2BA 1,655 Royce Cablayan, Coldwell Banker
1001 Laurel Street #311
$619,000 2BR/2BA 1,094 David Young, Coldwell Banker
775 Chestnut Street #2
$288,888 1BR/1BA 867 Naomi Iwasaki, Iwasaki Realty

(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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(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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