The San Carlos Real Estate Week in Review: 3-30-13.

April 1, 2013

8-Sudan-Lane

San Carlos Real Estate Summary.

I overheard a conversation this week between two agents that the market might actually be slowing down in San Carlos (no, this is not an April Fool's joke).   I'm not quite sure where that perception came from — maybe it's the fact that some of the recent sales were “only” getting 4-6 offers, instead of the lofty double-digit offer counts of some previous sales.  But if you want an indication of the temperature of this market this past week, just look at the Pending Sales section below.   Eight homes went pending last week — seven of those eight were gone in under two weeks.  One never had an open house.

It's not slowing down, folks.  You heard it here first.

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 3-30-2013:

San Carlos Housing Data 3-30-13 Prior Week
Closed Sales for the Week:
5 6
Average Sold Price
$1,636,400 $1,004,000 (+63%)
Average $/Sq Foot (Sold)
$604 $685
Sold Price vs Orig List (%) 101% 106%
Average DOM of Closed Sales 19 10
No. of Homes Pending Sale: 27 22
Inventory of Active Listings:
10 14 (-29%)
Average Price of Active Listings: $1,288,200 $1,307,000
Average DOM of Active Listings: 10 13
Average $/Sq Foot (List) $626 $642
Active-Pending Ratio:
0.37 : 1 0.64 : 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:

8 Sudan Lane, San Carlos

8 Sudan Lane, 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
8 Sudan Lane
$2,310,000 $2,495,000 -$185,000 (-7.4%)
27
140 Arundel Road
$1,850,000 $1,895,000 -$45,000 (-2.4%)
38
147 Leslie Drive
$1,622,000 $1,385,000 +$237,000 (+17.1%)
14
1030 1/2 Sunset Drive
$1,550,000 $1,549,000 +$1,000 (+0%)
14
2663 Thornhill Drive
$850,000 $775,000 +$75,000 (+9.7%)
4

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
200 Kelton Avenue 9 $1,100,000
1309 Elm Street 4 $1,220,000
10 Shratton Avenue 7 $1,499,000
1817 Brittan Avenue 11 $995,000
12 Gaylord Court 8 $949,000
2706 Brittan Avenue 106 $1,050,000
1919 Howard Avenue 6 $1,149,000
976 Holly Street 7 $735,000

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:

3193 La Mesa Drive, San Carlos

3193 La Mesa 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
3193 La Mesa Drive $1,388,000 3BR/2.5BA 2,040/7,800 Anthony Hoffman, Realtor
91 Wessex Way $1,368,000 4BR/2BA 2,170/7,290 Vicky Costantini, Sequoia Realty
128 Ruby Avenue $829,000 2BR/1.5BA 1,310/4,400 Tim Earley, Coldwell Banker
1023 Inverness Drive $795,000 3BR/2BA 1,540/5,000 Joe Ledesma, J Rockliff Realtors
1004 Sylvan Drive $750,000 2BR/1BA 1,181/5,000 Chris Eckert, Keller Williams

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
1701 San Carlos Avenue #2 $407,500 $399,000 +8,500 (+2.1%)
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)
3314 Brittan Avenue #1 9
726 Elm Street #C 12

(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
1 Clover Lane $1,195,000 3BR/2.5BA 2,510 Eddie Azzopardi, Realty World
5 Calypso Lane $818,000 3BR/2.5BA 2,031 Laura Bertolacci, 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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(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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