The San Carlos Real Estate Week in Review: 9-15-12.

September 17, 2012

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San Carlos Real Estate Summary.

Buyers got some very welcome news this week with an announcement from the Federal Reserve that they will be taking aggressive measures to stimulate the economic growth in the country.   More details on this are forthcoming in a separate post, but suffice it to say that this action will ensure that interest rates are at very attractive levels for a long time.     The housing market in San Carlos seems oblivious to whatever else is happening in the rest of the country.    Great houses on great streets still command hot bidding wars and multiple offers, as was evidenced at 2084 Alma Street this week.    And no matter how many listings get pushed onto the market, the inventory never seems to climb above the low-30 mark.

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 9-15-2012:

San Carlos Housing Data 9-15-12 Prior Week
Closed Sales for the Week:
6 8
Average Sold Price
$1,101,667 $915,875 (+20%)
Average $/Sq Foot (Sold)
$641 $614
Sold Price vs Orig List (%) 102% 101%
Average DOM of Closed Sales 23 21
No. of Homes Pending Sale: 29 28
Inventory of Active Listings:
31 27 (+15%)
Average Price of Active Listings: $1,530,062 $1,462,387
Average DOM of Active Listings: 48 61
Average $/Sq Foot (List) $581 $578
Active-Pending Ratio:
1.1 : 1 1 : 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:

823 Cordilleras Avenue, San Carlos

823 Cordilleras 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
823 Cordilleras Avenue
$1,500,000 $1,479,000 +$21,000 (+1.4%)
12
81 Madrona Street
$1,270,000 $1,325,000 -$55,000 (-4.2%)
20
719 Park Avenue
$1,240,000 $1,210,000 +$30,000 (+2.5%)
9
119 Palm Avenue
$1,052,000 $979,000 +$73,000 (+7.5%)
11
100 Cedar Street
$795,000 $729,000 +$66,000 (+9.1%)
7
1964 White Oak Way
$750,000 $753,000 +$3,000 (+0.4%)
80

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
127 Rockridge Road
10 $989,000
108 Garnet Avenue
38 $995,000
2084 Alma Street
6 $1,849,000
142 Garnet Avenue
36 $999,950
212 Devonshire Boulevard
21 $1,200,000
1257 Magnolia Avenue
70 $1,349,000

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:

2996 Eaton Avenue, San Carlos

2996 Eaton 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
2996 Eaton Avenue $2,995,000 5BR/5BA 3,926/60,112 David Macdonald
2727 Clifford Avenue $2,375,000 5BR/4.5BA 5,583/18,375 Liz Rhodes, Alain Pinel Realtors
885 Bauer Drive $1,349,000 5BR/3.5BA 3,000/11,200 Tim Earley, Coldwell Banker
170 Belvedere Avenue $1,150,000 4BR/3BA 2,520/4,600 Leila Sisneros, Today Sothebys
107 Northam Avenue $1,150,000 3BR/2.5BA 2,470/8,750 Carin Maffia, Coldwell Banker
228 Windsor Drive $1,050,000 3BR/3BA 1,700/4,750 Gail Hafelfinger, Dolphin Real Estate
935 Alameda $899,000 3BR/1.5BA 1,760/8,250 Chuck Gillooley, Alain Pinel Realtors
2432 San Carlos Avenue $699,950 3BR/2BA 1,370/8,320 Steve Larson, Westside Real Estate

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

$ $

(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)
3355 Brittan Avenue #3
12
222 Laurel Street #106
2
2995 Melendy Drive #3
60
3392 Brittan Avenue #4
60

(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
3341 Brittan Avenue #6
$469,000 2BR/2BA 1,040 Stephanie R., Today Sothebys
1 Elm Street #101
$450,000 2BR/2BA 1,180 Lyn Tomason, Broker
222 Laurel Street #106
$219,000 1BR/1BA 468 Justine Ford, 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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