The San Carlos Real Estate Week in Review: 9-22-12.

September 24, 2012

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San Carlos Real Estate Summary.

The numbers were down a bit this week as you can see from the statistics below.  There were fewer new listings, pending sales, and closed escrows than what we've been seeing over the past few months.  But this is in stark contrast to the activity that's still going on in the San Carlos real estate market.  Open houses were packed yesterday, and there are still hordes of buyers looking for that right place.  In a normal year, you probably wouldn't put your home on the market for the first time in October and definitely not in November — but this year, that wouldn't matter.  The way things are going with demand vs inventory, you could list the home on December 24th, and it would still get the same traffic as it would right now.

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 9-22-2012:

San Carlos Housing Data 9-22-12 Prior Week
Closed Sales for the Week:
2 6
Average Sold Price
$661,250 $1,101,667 (-40%)
Average $/Sq Foot (Sold)
$642 $641
Sold Price vs Orig List (%) 105% 102%
Average DOM of Closed Sales 8 23
No. of Homes Pending Sale: 31 28
Inventory of Active Listings:
31 31 (0%)
Average Price of Active Listings: $1,502,452 $1,530,062
Average DOM of Active Listings: 52 48
Average $/Sq Foot (List) $590 $581
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:

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
772 Tamarack Avenue
$760,000 $699,999 +$60,001 (+8.6%)
7
1036 Inverness Drive
$562,500 $559,000 +$3,500 (+0.6%)
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
359 Northam Avenue
16 $849,000
107 Northam Avenue
12 $1,150,000
1328 Pebble Drive
18 $1,669,000

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:

625 Dartmouth Avenue, San Carlos

625 Dartmouth 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
625 Dartmouth Avenue $1,149,000 4BR/2BA 1,750/6,720 Tim Earley, Coldwell Banker
1376 Chestnut Street $879,000 3BR/2BA 1,440/4,560 Amy Anderson, Intero
1426 Cordilleras Avenue $875,000 3BR/1.5BA 1,240/4,400 Maria Neal, Initio 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

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
2995 Melendy Drive #3
$575,000 $569,500 +$5,500 (+1%)
60
1 Elm Street #201
$454,000 $430,000 +$24,000 (+5.6%)
12
728 Elm Street #208
$350,000 $350,000 $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)
772 Walnut Street #12
15
1 Elm Street #101
9

(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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