San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 3-9-13. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 3-9-13.

by Chuck Gillooley

San Carlos Real Estate Summary.

There wasn’t too much in the way of new listings to hit the market this past week.  And with 4 more homes going into contract, the net result is that our inventory of homes for sale is stuck in the low teens — again.  One effect that we have touched on in recent weeks (and will continue to monitor) is the strong uptick in home prices in San Carlos.  As home sales for Q1 are now closing escrow, we’re starting to see evidence of where prices are headed.  Just this past week, the average price for the homes that sold jumped to an incredible $739/sq foot, which is an astounding leap over the already high $669/sq foot that was set last week.  It used to be extremely rare for any medium-large sized home break $700/sq foot in San Carlos.  In the coming months as you see these sales being reported, it’s going to become commonplace.

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 3-9-2013:

San Carlos Housing Data 3-9-13 Prior Week
Closed Sales for the Week:
4 4
Average Sold Price
$1,614,750 $1,312,839 (+23%)
Average $/Sq Foot (Sold)
$739 $669
Sold Price vs Orig List (%) 107% 111%
Average DOM of Closed Sales 11 9
No. of Homes Pending Sale: 25 24
Inventory of Active Listings:
12 13 (-8%)
Average Price of Active Listings: $1,469,072 $1,475,676
Average DOM of Active Listings: 31 25
Average $/Sq Foot (List) $602 $626
Active-Pending Ratio:
0.48 : 1 0.54 : 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:

256 Devonshire Boulevard, San Carlos
256 Devonshire Boulevard, 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
256 Devonshire Boulevard
$2,900,000 $3,100,000 -$200,000 (-9.5%)
9
999 Orange Avenue
$1,378,000 $1,179,000 +$199,000 (+16.9%)
8
1124 Orange Avenue
$1,360,000 $1,095,000 +$265,000 (+24.2%)
11
140 Belvedere Avenue
$821,000 $649,000 +$172,000 (+26.5%)
15

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
140 Arundel Road 38 $1,895,000
2663 Thornhill Drive 4 $775,000
999 Orange Avenue 8 $1,179,000
1030 1/2 Sunset Drive 14 $1,549,000

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:

901 Bauer Drive, San Carlos
901 Bauer 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
901 Bauer Drive $1,475,000 5BR/3BA 3,080/6,732 Guillermo Reyes, Better Homes
109 Ruby Avenue $899,000 2BR/2BA 1,400/5,115 Hiep Nguyen, 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.)

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
9 Chicory Lane
$690,000 $649,000 +41,000(+6.3%)
5
775 Chestnut Street #21
$605,000 $589,000 +16,000(+2.7%)
10
3354 Brittan Avenue #16
$590,000 $579,950 +10,050(+1.7%)
8

(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)

(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

$–

(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

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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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