The San Carlos Real Estate Week in Review: 10-13-12.

San Carlos Real Estate Summary.

Good weather and low interest rates are casting a favorable light on the San Carlos real estate market this fall.  The next 2-3 weeks should produce significant listing activity as sellers rush to get their homes on the market and hopefully sold before we arrive at the Thanksgiving holiday in about 6 weeks.   But in this market, I don't think the holiday season is going to dampen the determination of home buyers in San Carlos.   So if you're on the fence about selling your house in the fall, there's absolutely no reason to wait.   The market conditions couldn't be better sellers right now.

Here are the numbers for last 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 10-13-2012:

San Carlos Housing Data	10-13-12	Prior Week
Closed Sales for the Week:	4	4
Average Sold Price	$1,028,750	$1,061,000 (-3%)
Average $/Sq Foot (Sold)	$546	$597
Sold Price vs Orig List (%)	99%	101%
Average DOM of Closed Sales	40	41
No. of Homes Pending Sale:	30	30
Inventory of Active Listings:	29	31 (-6.5%)
Average Price of Active Listings:	$1,534,167	$1,475,237
Average DOM of Active Listings:	58	49
Average $/Sq Foot (List)	$580	$589
Active-Pending Ratio:	0.97 : 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.

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
9 Kirkwood Way	$1,325,000	$1,438,888	-$113,888 (-7.9%)	62
172 Bay View Drive	$1,040,000	$999,000	+$41,000 (+4.1%)	60
142 Garnet Avenue	$1,005,000	$999,950	+$5,050 (0.5%)	36
1340 Hull Drive	$745,000	$699,000	+$46,000 (+6.6%)	2

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.

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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
1426 Cordilleras Avenue	24	$875,000
1464 Cordilleras Avenue	13	$975,000
3020 Melendy Drive	6	$1,095,950
2289 Carmelita Drive	3	$699,000
790 Orange Avenue	13	$899,000

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.

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New Single-Family Home Listings in 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
1865 Carmelita Drive	$1,349,000	4BR/3BA	1,840/16,376	Austin Herman, Clay Herman
3313 Melendy Drive	$1,299,000	4BR/3.5BA	2,750/10,575	Jaime Gonzalez, RE/MAX
2289 Carmelita Drive	$699,000	3BR/1.5BA	1,250/7,000	Dan Ziony, Coldwell Banker
1647 Walnut Street	$674,950	2BR/1BA	1,160/4,400	Dave Blewett, Intero

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

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