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The San Carlos Real Estate Week in Review: 2-16-13.

February 20, 2013 "The Week in Review", San Carlos Real Estate No Comments
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San Carlos Real Estate Summary.

Sorry for the delay in getting the report out this past week.   If you need hard evidence that home prices are rising in San Carlos, just take a peek at the sold numbers below.   For the homes that closed escrow this week, they fetched an average of 11% over the asking price, led by the stratospheric performance of 148 Chestnut Street, which sold for a whopping 30% over its asking price.    And there are more eye-popping sales that will be registered in the coming weeks.   This means that buyers are really having to dig deep to land their home in this ultra-competitive seller’s market.    And with only about 11 homes to choose from in the entire city of San Carlos, it’s going to remain this way for the foreseeable future.

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 2-16-2013:

San Carlos Housing Data 2-16-13 Prior Week
Closed Sales for the Week:
5 2
Average Sold Price
$1,047,841 $1,020,500 (+2.7%)
Average $/Sq Foot (Sold)
$654 $613
Sold Price vs Orig List (%) 111% 109%
Average DOM of Closed Sales 10 14
No. of Homes Pending Sale: 23 20
Inventory of Active Listings:
13 16 (+44%)
Average Price of Active Listings: $1,256,953 $1,302,493
Average DOM of Active Listings: 14 10
Average $/Sq Foot (List) $607 $617
Active-Pending Ratio:
0.6 : 1 0.6 : 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

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Single-Family Homes SOLD in San Carlos:

148 Chestnut Street, San Carlos

148 Chestnut Street, 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
148 Chestnut Street
$1,301,000 $999,000 +$302,000 (+30.2%)
7
107 Alberta Avenue
$1,205,205 $1,149,950 +$55,255 (+4.8%)
9
1439 Cordilleras Avenue
1,053,000 $959,000 +$94,000 (+9.8%)
8
95 Hilltop Drive
860,000 $849,000 +$11,000 (+1.3%)
18
1400 Alameda
820,000 $775,000 +$45,000 (+5.8%)
9

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
344 Oakview Drive 10 $1,150,000
355 Hill Way 13 $1,195,000
256 Devonshire Boulevard 9 $3,100,000
2049 Brittan Avenue 14 $689,000
959 Alameda 8 $650,000

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:

207 Edgehill Drive, San Carlos

207 Edgehill 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
207 Edgehill Drive $1,888,888 5BR/4BA 3,090/11,500 Susan Baltzer, Bay Area Independent
2555 Eaton Avenue $1,479,500 4BR/2.5BA 2,490/7,625 Jerry Girouard, Girouard Properties
1335 Howard Avenue $1,095,000 4BR/2BA 1,740/5,280 Bob Bredel, Today Sothebys
1355 Central Avenue $950,000 3BR/1.5BA 1,740/6,930 Frankie Eakes, Marin Realty Group
539 Hillcrest Road $799,000 3BR/2BA 1,360/5,800 Trish Ward, Intero
1035 Riverton Drive $675,000 2BR/1BA 1,060/5,000 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

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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
659 Prospect Street #3
$737,000 $688,000 +$49,000 (+7.1%)
10

(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)
16 Tulip Lane
9
3295 La Mesa Drive #3
11
1 Lilly Lane
10
3354 Brittan Avenue #16
8

(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
16 Buttercup Lane
$788,000 2BR/2.5BA 1,793 Anthony Chen, Intero
775 Chestnut Street #21
$589,000 2BR/2BA 1,290 John Shroyer, Today Sothebys
3324 Brittan Avenue #6
$559,000 2BR/2BA 1,040 Anjali Jain, Alain Pinel Realtors
1701 San Carlos Avenue #2
$339,000 1BR/1BA 740 Leila Sisneros, Today Sothebys

(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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