The San Carlos Real Estate Week in Review: 9-8-12.
San Carlos Real Estate Summary.
As expected, buying activity continued at a brisk pace this past week, with 9 homes ultimately finding new owners. Now that summer is just about over, buyers are back on task and out looking in full force. The foot traffic at open houses definitely picked up this week, and it’s expected to remain that way throughout the fall — provided there’s enough inventory to give people things to look at. On that note, only 4 listings made their debut last week which wasn’t enough to push the inventory back above 30 again. This, combined with the number of multiple offers that still appear to be happening, has made this year a very frustrating one for many home buyers in San Carlos. Patience and persistence are two qualities that are going to be essential in the coming months…
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 9-8-2012:
| San Carlos Housing Data | 9-8-12 | Prior Week |
|---|---|---|
| Closed Sales for the Week: |
8 | 10 |
| Average Sold Price |
$915,875 | $1,373,200 (-33%) |
| Average $/Sq Foot (Sold) |
$614 | $562 |
| Sold Price vs Orig List (%) | 101% | 100% |
| Average DOM of Closed Sales | 21 | 19 |
| No. of Homes Pending Sale: | 28 | 27 |
| Inventory of Active Listings: |
27 | 34 (-21%) |
| Average Price of Active Listings: | $1,462,387 | $1,334,976 |
| Average DOM of Active Listings: | 61 | 50 |
| Average $/Sq Foot (List) | $578 | $587 |
| Active-Pending Ratio: |
1 : 1 | 1.3 : 1 |
The San Carlos Open House Page.
If you’re looking at open houses this weekend in San Carlos, check out the San Carlos Open House List. With one click on the Open House sign below, 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.
San Carlos Open House List
Single-Family Homes SOLD in San Carlos:
945 Rosewood 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 |
|---|---|---|---|---|
| 945 Rosewood Avenue |
$1,190,000 | $1,149,000 | +$41,000 (+3.6%) |
56 |
| 403 De Anza Avenue |
$1,180,000 | $1,150,000 | +$30,000 (+2.6%) |
9 |
| 26 Stanford Lane |
$1,169,000 | $1,178,000 | -$9,000 (-0.8%) |
11 |
| 3186 La Mesa Drive |
$1,150,000 | $1,198,888 | -$49,888 (-4.2%) |
29 |
| 436 Prospect Street |
$860,000 | $789,000 | +$71,000 (+9%) |
9 |
| 965 Alameda |
$702,000 | $675,000 | +$27,000 (+4%) |
14 |
| 360 Ridge Road |
$700,000 | $699,000 | +$1,000 (+0.1%) |
21 |
| 1006 Alameda |
$376,000 | $435,000 | -$59,000 (-13.6%) |
15 |
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
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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 |
|---|---|---|
| 2730 Debbie Court |
9 | $1,279,000 |
| 823 Cordilleras Avenue |
12 | $1,479,000 |
| 115 Dolton Avenue |
15 | $2,195,000 |
| 140 Winding Way |
120 | $499,900 |
| 631 Wellington Drive |
7 | $899,000 |
| 1340 Hull Drive |
2 | $699,000 |
| 172 Bay View Drive |
60 | $1,075,000 |
| 1007 Sylvan Drive |
11 | $739,000 |
| 2740 Milano Way |
22 | $1,150,000 |
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:
8 Sudan Lane, 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 |
|---|---|---|---|---|
| 8 Sudan Lane | $2,850,000 | 6BR/5.5BA | 6,070/112,455 | Bob Bredel, Today Sothebys |
| 2084 Alma Street | $1,849,000 | 5BR/3BA | 3,700/8,550 | Jim Minkey, Today Sothebys |
| 201 Aberdeen Drive | $1,288,000 | 3BR/2BA | 1,850/7,550 | Hochak Hung, Broker |
| 1340 Hull Drive | $699,000 | 2BR/2BA | 1,170/6,050 | Larry Panozzo, Zip Realty |
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
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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 |
|---|---|---|---|---|
| - |
$ | $ | - |
- |
(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
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Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
| Address | DOM (days) |
|---|---|
| 436 Portofino Drive #201 |
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
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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 |
|---|---|---|---|---|
| 656 Walnut Street #302 |
$848,848 | 2BR/2BA | 1,688 | Donna Marie Baldwin, Coldwell Banker |
| 3392 Brittan Avenue #4 |
$539,999 | 3BR/2BA | 1,239 | John and Lydia, Alain Pinel Realtors |
| 3322 Brttan Avenue #3 |
$536,000 | 2BR/2BA | 1,040 | Laura Bertolacci, 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
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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
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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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