The San Carlos Real Estate Week in Review: 8-25-12.

August 26, 2012

6-Estates-Court

San Carlos Real Estate Summary.

Summer vacation “officially” ended this week for many, as all of the local public schools will be back in session tomorrow.  That means the fall real estate season will be in full swing starting this week.  This is always an interesting phenomenon, because everything that happens in the fall market is in such a compressed time-frame.  Unlike the spring market, which lasts 4-5 months (depending on what month you consider the start to be), the fall market only lasts about 2.5 months — basically until the Thanksgiving weekend. But this year, buyer demand is so high that it's conceivable that the market will steam right through the holidays.

Generally speaking, in order to get their homes sold in the fall, sellers are wise to get their home on the market by the second week of September for maximum visibility.  For buyers, these next three weeks will tell you whether you'll have more to choose from in the remaining months of the year, or if pickings will continue to be slim.

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 8-25-2012:

San Carlos Housing Data 8-25-12 Prior Week
Closed Sales for the Week:
8 4
Average Sold Price
$1,209,750 $1,248,750 (-3%)
Average $/Sq Foot (Sold)
$589 $591
Sold Price vs Orig List (%) 101% 100%
Average DOM of Closed Sales 22 40
No. of Homes Pending Sale: 33 37
Inventory of Active Listings:
28 26 (-7%)
Average Price of Active Listings: $1,433,270 $1,398,852
Average DOM of Active Listings: 55 54
Average $/Sq Foot (List) $587 $598
Active-Pending Ratio:
0.8 : 1 0.7 : 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:

6 Estates Court, San Carlos

6 Estates Court, 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
6 Estates Court
$1,775,000 $1,775,000 $0 (0%)
85
159 Mesa Verde Way
$1,652,000 $1,749,000 -$97,000 (-5.5%)
31
333 Molton Avenue
$1,220,000 $1,220,000 $0 (0%)
0
41 Williams Lane
$1,205,000 $1,097,000 +$108,000 (+9.8%)
14
441 Clifton Avenue
$1,105,000 $1,198,000 -$93,000 (-7.8%)
16
3210 Brittan Avenue
$1,001,000 $899,000 +$102,000 (+11.3%)
10
2233 Howard Avenue
$955,000 $850,000 +$105,000 (+12.4%)
8
2388 Brittan Avenue
$765,000 $759,000 +$6,000 (+0.8%)
9

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
1036 Inverness Drive
9 $559,000
853 Cordilleras Avenue
8 $1,098,000

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:

115 Dolton Avenue, San Carlos

115 Dolton Avenue, 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
115 Dolton Avenue $2,195,000 5BR/4.5BA 3,673/13,630 Peter Vece, Today Sothebys
823 Cordilleras Avenue $1,479,000 4BR/3.5BA 2,611/7,990 Amy Anderson, Intero
212 Devonshire Boulevard $1,200,000 4BR/2.5BA 1,950/8,925 Helen Cross, Coldwell Banker
523 Hillcrest Road $1,189,000 4BR/3BA 2,011/4,940 Jennifer Tasto, Property Services
772 Tamarack Avenue $699,999 3BR/1.5BA 1,270/6,550 Diane Wilson, 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
6 Calypso Lane
$697,000 $659,000 +$38,000 (+5.8%)
7
661 Prospect Street
$625,000 $625,000 $0 (0%)
4
3327 La Mesa Drive #12
$495,000 $490,000 +$5,000 (+1.0%)
0
3295 La Mesa Drive #11
$279,000 $275,000 +$4,000 (+1.5%)
34

(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)

(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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