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The San Carlos Real Estate Week in Review: 11-17-12.

November 19, 2012 "The Week in Review", San Carlos Real Estate No Comments
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San Carlos Real Estate Summary.

If there was ever any doubt about the strength of the San Carlos real estate market, one would only have to take a peek at the Single-Family Homes Sold section of this post to extinguish that doubt.  Three of the homes that closed escrow this week fetched between 14%-26% above their asking prices.  Some may argue that this is simply a case of the houses being severely under-priced,  and I think that argument can be made for one of those three.   But one can’t discount the fact that two of the three homes fetched 11 and 21 offers, respectively!  There are still quite a few buyers out there working hard to find a home in San Carlos, even this late in the year.

Here are the numbers from 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 11-17-2012:

San Carlos Housing Data 11-17-12 Prior Week
Closed Sales for the Week:
6 5
Average Sold Price
$1,312,500 $1,139,000 (+15%)
Average $/Sq Foot (Sold)
$608 $600
Sold Price vs Orig List (%) 105% 103%
Average DOM of Closed Sales 22 18
No. of Homes Pending Sale: 29 34
Inventory of Active Listings:
23 23 (0%)
Average Price of Active Listings: $1,647,109 $1,648,469
Average DOM of Active Listings: 69 62
Average $/Sq Foot (List) $556 $581
Active-Pending Ratio:
0.79 : 1 0.68 : 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:

2727 Clifford Avenue, San Carlos

2727 Clifford 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
2727 Clifford Avenue
$2,195,000 $2,375,000 -$180,000 (-7.6%)
47
1 Coleman Court
$1,585,000 $1,595,000 -$10,000 (-0.6%)
30
3020 Melendy Drive
$1,385,000 $1,095,950 +$289,050 (+26.4%)
6
3162 La Mesa Drive
$1,200,000 $998,000 +$202,000 (+20.2%)
12
262 Vine Street
$855,000 $749,000 +106,000 (+14.2%)
9
1223 Alameda
$655,000 $664,000 -$9,000 (-1.4%)
30

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
112 Beverly Drive 10 $1,585,000
140 Colton Avenue
5 $1,199,888
800 Bauer Drive
10 $899,000
2435 Eaton Avenue
46 $849,000
979 Orange Avenue
8 $879,000

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:

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
28 Winding Way $849,500 3BR/2BA 1,694/6,968 Donald Kung, RE/MAX
2625 Thornhill Drive $789,000 3BR/2.5BA 1,680/5,800 Judy Litteer, Better Homes and Gardens

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
-
$- $- +
-

(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)
3350 Brittan Avenue #2
7

(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
17 Calypso Lane
$699,999 2BR/2.5BA 1,793 Norine Higgins, Today Sothebys
1001 Laurel Street #407
$659,950 2BR/2BA 1,094 Malin Shah, Malin & Associates

(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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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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Chuck Gillooley
Realtor, San Carlos Resident

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BRE# 01750684
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