San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 8-11-12. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 8-11-12.

by Chuck Gillooley

San Carlos Real Estate Summary.

This week was punctuated by no fewer than 6 new listings in San Carlos — an abnormal occurrence for August in what has become an abnormal real estate year in just about every respect.  But buying activity remained brisk as at least 5 buyers stayed home from vacation and wrote offers on homes.   This balance is keeping season inventory low at about 31 active listings in the entire city, of which only about 25% are considered to be in the “flats” of San Carlos, which is why new listings such as 200 Edgehill Drive should garner lots of interest with buyers looking to live in the flats.

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 8-11-2012:

San Carlos Housing Data 8-11-12 Prior Week
Closed Sales for the Week:
2 6
Average Sold Price
$1,403,512 $1,103,333 (+29%)
Average $/Sq Foot (Sold)
$710 $550
Sold Price vs Orig List (%) 109% 97%
Average DOM of Closed Sales 10 30
No. of Homes Pending Sale: 34 32
Inventory of Active Listings:
31 31 (0%)
Average Price of Active Listings: $1,307,874 $1,355,671
Average DOM of Active Listings: 49 46
Average $/Sq Foot (List) $570 $562
Active-Pending Ratio:
0.9 : 1 1 : 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:

128 Wellington Drive, San Carlos
128 Wellington 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
128 Wellington Drive
$1,625,000 $1,485,000 +$140,000 (+9.4%)
12
2024 Eaton Avenue
$1,182,024 $1,095,000 +$87,024 (+7.9%)
8

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
444 Hillcrest Road
17 $1,125,000
26 Stanford Lane
11 $1,178,000
1407 Cedar Street
12 $835,000
3186 La Mesa Drive
29 $1,149,950
81 Madrona Street
20 $1,325,000

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:

200 Edgehill Drive, San Carlos
200 Edgehill 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
200 Edgehill Drive $1,350,000 4BR/3.5BA 2,300/8,350 David Young, Coldwell Banker
108 Garnet Avenue $1,199,000 3BR/3BA 2,400/5,500 Terrell Slawson, Linwood Realty
142 Garnet Avenue $979,000 3BR/2BA 1,910/6,272 Nancy Palmer, Alain Pinel Realtors
100 Cedar Street $729,000 2BR/1BA 960/6,000 Tim Earley, Coldwell Banker
1148 Cedar Street $695,000 3BR/1BA 1,250/5,000 David Blewett, Intero
1036 Inverness Drive $559,000 2BR/1BA 820/5,000 Joyce Romeo, Intero

Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.

(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

$0 $0 +$0 +(0%)
0

(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)
7 Poppy Lane
10

(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

$-

(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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Comments 3
  • And wow, 200 Edgehill is pending already.

    Any homeowner waiting for the “right” time to list their home in San Carlos is wasting their time.

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    • Thanks Michael — I couldn’t have said it better myself.

      This just shows what happens when there’s an absolute dearth of 4 and 5 bedroom homes for sale anywhere close to downtown. I’m not surprised it all that it sold on the second day.

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      • But then again, David has been showing it to people for weeks ahead of publishing the listing.

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