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The San Carlos Real Estate Week in Review: 11-3-12.

November 5, 2012 "The Week in Review", San Carlos Real Estate No Comments
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San Carlos Real Estate Summary.

Just when we thought we might be seeing a hint of a fall slow down in the San Carlos real estate market, the buyers lit up the scoreboard once again with a very robust week.   8 homes went pending during the week, including a couple of old-timers (by San Carlos standards) that had been on the market for over 100 and 200 days, respectively.   This burst of buying drove the inventory of available homes down to as low as 21 at one point during the week. It is still sitting at a lean 23 at the time of this post.

Sales prices remained very strong too, posting an average of 105% of the list price for closed sales this week.

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 11-3-2012:

San Carlos Housing Data 11-3-12 Prior Week
Closed Sales for the Week:
9 5
Average Sold Price
$1,251,333 $1,092,040 (+15%)
Average $/Sq Foot (Sold)
$614 $519
Sold Price vs Orig List (%) 105% 94%
Average DOM of Closed Sales 10 52
No. of Homes Pending Sale: 35 34
Inventory of Active Listings:
23 28 (-18%)
Average Price of Active Listings: $1,645,954 $1,531,212
Average DOM of Active Listings: 57 62
Average $/Sq Foot (List) $579 $574
Active-Pending Ratio:
0.66 : 1 0.82 : 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:

115 Dolton Avenue, San Carlos

115 Dolton 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
115 Dolton Avenue
$2,325,000 $2,195,000 +$130,000 (+5.9%)
15
885 Bauer Drive
$1,325,000 $1,349,000 -$24,000 (-1.8%)
14
2055 Belle Avenue
$1,305,000 $1,250,000 +$55,000 (+4.4%)
0
170 Belvedere Avenue
$1,260,000 $1,150,000 +$110,000 (+9.6%)
11
107 Northam Avenue
$1,205,000 $1,150,000 +$55,000 (+4.8%)
12
1464 Cordilleras Avenue
$1,002,000 $975,000 +27,000 (+2.8%)
13
1376 Chestnut Street
$1,000,000 $879,000 +121,000 (+13.8%)
8
882 Hemlock Street
$960,000 $898,000 +62,000 (+6.9%)
2
935 Alameda
$880,000 $895,000 -$15,000 (-1.7%)
13

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
24 Winding Way 241 $599,000
1037 Elm Street
7 $875,000
176 Hillcrest Road
12 $1,100,000
2727 Clifford Avenue
47 $2,295,000
103 Winding Way
170 $375,000
1400 Eaton Avenue
27 $1,295,000
2667 Thornhill Drive
11 $799,000
934 Tamarack Avenue
28 $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:

112 Beverly Drive, San Carlos

112 Beverly 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
112 Beverly Drive $1,585,000 5BR/2.5BA 2,486/6,250 David Young, Coldwell Banker.
3221 La Mesa Drive $1,548,000 5BR/3BA 2,700/16,250 Alba Lopez, Coldwell Banker
262 Vine Street $749,000 2BR/2BA 1,020/5,000 Jackie Cockreham, Today Sothebys
1035 McCue Avenue $715,000 3BR/1.5BA 1,210/5,500 Bob Bredel, Today Sothebys

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

___________________________________________________________________

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
8 Chicory Lane
$695,000 $679,000 +$16,000 (+2.4%)
7
775 Chestnut Street #2
$248,500 $288,888 -$40,388 (-14%)
81

(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

___________________________________________________________________

Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

Address DOM (days)
646 Chestnut Street
13
775 Chestnut Street #20
10

(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

___________________________________________________________________

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
7 Trillium Lane
$899,998 2BR/2.5BA 1,793 Donna Marie Baldwin, Coldwell Banker

(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

___________________________________________________________________

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

The White Oaks Blog on Twitter

The White Oaks Blog 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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_____________________________________________________________________________

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Chuck Gillooley
Realtor, San Carlos Resident

(650) 207-2024
BRE# 01750684
Email: Chuck Gillooley
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