The San Carlos Real Estate Week in Review: 4-13-13.

April 15, 2013

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San Carlos Real Estate Summary.

There was nothing but green ink in the “Single Family Homes Sold in San Carlos” section of the report this week.  All 5 homes that closed escrow did so at prices that averaged 10% over the asking price.    This shouldn't really be a surprise, since virtually every listing that has sold in the past few months has done so with multiple aggressive offers.  Of the 14 active listings that remain, at least 4 of them have offer dates for this week.  So unless we continue to get new listings to sell, the inventory is going to remain in the low-teens (or perhaps the single digits) for yet another week.  If you're thinking of selling your home and catching the spring market, now is the time.

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 4-13-2013:

San Carlos Housing Data 4-13-13 Prior Week
Closed Sales for the Week:
5 6
Average Sold Price
$1,253,200 $1,157,000
Average $/Sq Foot (Sold)
$642 $651
Sold Price vs Orig List (%) 110% 105%
Average DOM of Closed Sales 43 25
No. of Homes Pending Sale: 25 25
Inventory of Active Listings:
14 12 (+%)
Average Price of Active Listings: $1,462,571 $1,347,333
Average DOM of Active Listings: 11 9
Average $/Sq Foot (List) $608 $637
Active-Pending Ratio:
0.56 : 1 0.48 : 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:

201 Alberta Avenue, San Carlos

201 Alberta 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
201 Alberta Avenue
$1,760,000 $1,649,000 +$111,000 (+6.7%)
9
199 Sycamore Street
$1,459,000 $1,225,000 +$234,000 (+19.1%)
9
211 Alberta Avenue
$1,450,000 $1,359,000 +$91,000 (+6.7%)
0
109 Ruby Avenue $977,000 $899,000 +$78,000 (+8.7%)
7
1020 Springfield Drive
$620,000 $559,000 +$61,000 (+10.9%)
12

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
3193 La Mesa Drive 11 $1,388,000
120 Rogers Avenue 19 $1,329,000
2324 San Carlos Avenue 3 $948,000

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:

75 Hartford Avenue, San Carlos

75 Hartford Avenue, 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
75 Hartford Avenue $2,477,000 5BR/3.5BA 4,490/17,200 Justine Ford, Today Sothebys
29 Kirkwood Way $1,799,000 5BR/3.5BA 3,800/8,300 Steven Wang, CA Golden Properties
370 Hill Way $1,495,000 4BR/3BA 2,585/5,450 Pamela Page, Alain Pinel Reators
57 Chilton Avenue $1,149,000 5BR/2BA 2,130/7,140 Rebecca Husted, Better Homes
130 Barford Avenue $1,098,000 3BR/3.5BA 2,100/6,400 Julie Vejmola, Coldwell Banker
1512 Howard Avenue $700,000 2BR/1BA 1,060/5,000 Tony Gabb, RE/MAX

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
726 Elm Street #C $943,000 $838,000 +$105,000 (+12.5%)
12

(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)
1 Clover Lane 13

(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
3 Geranium Lane $998,000 3BR/2.5BA 2,100 Eddie Azzopardi, Realty World
633 Elm Street #417?? $749,500 2BR/2BA 1,258 Bill Weseloh, Weseloh & Young

(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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