The San Carlos Real Estate Week in Review: 6-16-12.

June 17, 2012

2054-Saint-Francis-Way

San Carlos Real Estate Summary.

The $2M street: Saint Francis Way in White Oaks had the distinction this week of having not only one, but two homes sell for over $2M.   Despite the red hot demand, it's not very often that we see $2M sales in White Oaks – the last time it happened was when 2033 White Oak Way sold for $2,005,000 back in May of 2010.   But this week both 2054 Saint Francis and 1528 Saint Francis closed the same week above $2M — see the table below for all of the details.   This is a resounding statement to the desirability of San Carlos as much as it a testament to the buying power that's being wielded in this market right now.   As more of the older homes in White Oaks get the type of makeover that these two did, you can probably expect to see more sales in this range down the road.

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 6-16-2012:

San Carlos Housing Data 6-16-12 Prior Week
Closed Sales for the Week:
9 8
Average Sold Price
$1,267,576 $1,034,494 (+23%)
Average $/Sq Foot (Sold)
$554 $570
Sold Price vs Orig List (%) 104% 105%
Average DOM of Closed Sales 16 9
No. of Homes Pending Sale: 36 39
Inventory of Active Listings:
31 31 (+0%)
Average Price of Active Listings: $1,464,234 $1,312,782 (+11.5%)
Average DOM of Active Listings: 37 32
Average $/Sq Foot (List) $583 $579
Active-Pending Ratio:
0.9 : 1 0.8 : 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:

2054 Saint Francis Way, San Carlos

2054 Saint Francis Way, 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
2054 Saint Francis Way
$2,535,000 $2,599,000 -$64,000 (-2.5%)
10
1528 Saint Francis Way
$2,025,000 $1,895,000 +$130,000 (+6.9%)
8
3150 Melendy Drive
$1,245,000 $1,267,000 -$22,000 (-1.7%)
57
901 Crestview Drive
$1,110,000 $1,099,000 +$11,000 (+1.0%)
14
3122 La Mesa Drive
$1,066,000 $998,000 +$68,000 (+6.8%)
12
2041 Brittan Avenue
$995,000 $899,950 +95,050 (+10.6%)
9
2233 Brittan Avenue
$902,233 $799,000 +103,233 (+12.9%)
11
1532 School Street
$819,949 $749,000 +70,949 (+9.5%)
8
1640 Hull Drive
$710,000 $699,000 +11,000 (+1.6%)
19

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
2352 Howard Avenue
9 $699,000
1026 Alameda
11 $625,000
187 Exeter Avenue
26 $899,888
100 Manzanita Avenue
15 $699,000
240 Windsor Drive
5 $1,100,000
1819 Eaton Avenue
1 $1,750,000

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:

250 Oakview Drive, San Carlos

250 Oakview Drive, 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
250 Oakview Drive $1,995,000 3BR/2.5BA 2,490/7,500 Justine Ford, Today Sothebys
1322 Pebble Drive $1,795,000 4BR/2.5BA 2,680/19,500 Richard Sequeira, Alain Pinel Realtors
1364 Rosewood Avenue $1,595,000 5BR/3BA 2,955/4,920 Tim Earley, Coldwell Banker
9 Kirkwood Way $1,438,888 4BR/2.5BA 3,500/12,000 John Prouty, Prudential
2132 San Carlos Avenue $799,000 3BR/1BA 1,340/7,500 Patricia Dwyer, Coldwell Banker
1223 Alameda $679,900 2BR/1BA 890/6,500 Vincent Armando, Armando Investments

(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
222 Laurel Street #302
$470,000 $440,000 +30,000 (+2.0%)
19

(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)
10 Mayflower Lane
118
3366 Brittan Avenue #10
1
772 Walnut Street #14
13
728 Elm Street #202
8

(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
307 Old County Road #7
$389,500 2BR/1.5BA 970 Barbara Stogner, Today Sothebys

(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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