The San Carlos Real Estate Week in Review: 10-27-12.
October 29, 2012
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.
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 |
---|---|---|---|---|
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.)
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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.)
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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 |
---|---|---|---|---|
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.)
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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)
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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)
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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)
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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.
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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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Posted in:
Hemlock… does it really count as selling before on market if it has a ‘coming soon’ sign up for weeks and weeks and weeks….
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.
looks like hemlock went for $960K
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.
and only 23 active listings including condos…
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