The San Carlos Real Estate Week in Review: 10-27-12.

October 29, 2012

109-Kings-Court

San Carlos Real Estate Summary.

The final week of October is already upon us — it's hard to fathom that the holidays are only about 8 weeks away.  Home sales remained steady this past week with 4 homes going into contract.  It was rumored that 3162 La Mesa Drive got nearly two dozen offers!  And 882 Hemlock Street, which will close escrow this week, actually sold with multiple offers before it ever hit the market.  So much for the market cooling off as we approach the end of the year.    If you are still hesitant about whether to list your home now, as opposed to waiting until next year, this should hopefully resolve any doubt about the strength of the market.

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 10-27-2012:

San Carlos Housing Data 10-27-12 Prior Week
Closed Sales for the Week:
5 6
Average Sold Price
$1,092,040 $1,256,750 (-13%)
Average $/Sq Foot (Sold)
$519 $563
Sold Price vs Orig List (%) 94% 104%
Average DOM of Closed Sales 52 25
No. of Homes Pending Sale: 34 34
Inventory of Active Listings:
28 29 (-3.4%)
Average Price of Active Listings: $1,531,212 $1,406,602
Average DOM of Active Listings: 62 55
Average $/Sq Foot (List) $574 $579
Active-Pending Ratio:
0.82 : 1 0.85 : 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

San Carlos Open House List

Single-Family Homes SOLD in San Carlos:

109 Kings Court, San Carlos

109 Kings 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
109 Kings Court
$2,400,000 $2,699,000 +$299,000 (+11.1%)
92
2740 Milano Way
$1,125,000 $1,150,000 -$25,000 (-2.2%)
22
1007 Sylvan Drive
$750,000 $739,000 +$11,000 (+1.5%)
11
946 Hall Street
$695,300 $649,000 +$46,300 (+7.1%)
13
140 Winding Way
$489,900 $559,500 -$69,600 (-12.4%)
120

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
882 Hemlock Street 2 $898,000
133 Wildwood Avenue
8 $775,000
2432 San Carlos Avenue
44 $699,950
3162 La Mesa Drive
12 $998,000

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:

901 Bauer Drive, San Carlos

901 Bauer Drive, 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
901 Bauer Drive $1,395,000 5BR/3BA 3,080/6,732 Alba Lopez, Coldwell Banker
193 Lemoore Drive $1,149,950 4BR/3BA 2,520/8,500 Maxine Dumas, Dumas & Company
381 Dartmouth Avenue $1,095,000 4BR/2.5BA 2,240/7,140 Rod Creason, Coldwell Banker
1037 Elm Street $775,000 3BR/2.5BA 1,230/6,000 Jaime Jones, 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
32 Trillium Lane
$861,000 $839,000 +$22,000 (+2.6%)
7

(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
3330 Brittan Avenue #10
$499,950 2BR/2BA 1,040 Albert Garibaldi, Intero

(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?

I post sales data as it happens — just click on the buttons below to follow the White Oaks Blog on Twitter and the White Oaks Blog Page on Facebook

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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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6 Comments

  1. Anonymous on October 31, 2012 at 3:49 pm

    Hemlock… does it really count as selling before on market if it has a ‘coming soon’ sign up for weeks and weeks and weeks….



  2. Michael on October 31, 2012 at 11:39 pm

    Hemlock was actually on the market for 2 days. It was on mlslistings at least a couple days. The agent was probably lazy or just had the offer right away, so didn’t bother to change the sign…one of my pet peeves with some agents.

    Zillow also values this home at over $2.4 million..clearly a mistake.



  3. sd on November 1, 2012 at 3:51 am

    looks like hemlock went for $960K



  4. Chuck Gillooley on November 1, 2012 at 2:51 pm

    Hemlock went pending long before it was put as “active” on the MLS. There were two pre-emptive offers, and they took one of them.



  5. Michael on November 1, 2012 at 3:47 pm

    and only 23 active listings including condos…



  6. Ben Koshkin on November 2, 2012 at 5:26 pm

    I am sure something went wrong, Zillow is also evaluating it more than $2.4 million.
    Ben Koshkin  Managing Partner Texas First Residential Houston LLC



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