The San Carlos Real Estate Week in Review: 12-22-12.

San Carlos Real Estate Summary.

As the year winds down to a close, so does the real estate activity in San Carlos.  There were only a few sales to mention for both single family residences and condos this week.  And with only 14 homes to choose from that have an average DOM of nearly 100 days, it's not likely that much will go into contract this next week.

But looking ahead to the coming week, there should be a decent number of closings to report, since sellers will be extra motivated to complete their respective transactions before the new tax laws start in 2013.    And of course, there's always the looming fiscal cliff resolution (or non-resolution.)

Happy Holidays to everyone from the White Oaks Blog!  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 12-22-2012:

San Carlos Housing Data	12-22-12	Prior Week
Closed Sales for the Week:	3	7
Average Sold Price	$1,381,667	$1,134,375 (+22%)
Average $/Sq Foot (Sold)	$569	$600
Sold Price vs Orig List (%)	104%	102%
Average DOM of Closed Sales	9	16
No. of Homes Pending Sale:	15	17
Inventory of Active Listings:	14	14 (0%)
Average Price of Active Listings:	$1,750,211	$1,757,354
Average DOM of Active Listings:	99	93
Average $/Sq Foot (List)	$539	$542
Active-Pending Ratio:	0.93 : 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.

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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
353 Clifton Avenue	$1,615,000	$1,585,000	+$30,000 (+1.9%)	3
3221 La Mesa Drive	$1,600,000	$1,548,000	+$52,000 (+3.4%)	24
286 Chestnut Street	$930,000	$860,000	+$70,000 (+8.1%)	1

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
125 Bay View Drive	0	$1,550,000

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
–	$-	–	–	–

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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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
775 Chestnut Street #20	$650,000	$558,888	+$91,112 (+16.3%)	10
646 Chestnut Street	$605,000	$649,980	-$44,980 (-6.9%)	13

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