San Carlos Real Estate Summary.
Rumor has it in some communities that their respective real estate markets are beginning to cool down (which, of course, is a a completely relative term). I’ve heard some anecdotal comments from other agents that homes in these areas are getting fewer offers and not for as outlandishly above the list price as they were just a month or so ago.
I wish I could say the same about San Carlos, but that’s just not happening… at least not yet. Yes, there’s the occasional home that I thought would have been picked off much sooner, but by and large things are still moving in a fast-forward manner here. 10 homes went into contract just last week, and all but one of them didn’t last on the market for a full two weeks. Several of them never made it to their first open house. And a few of them fetched sales prices that will still make you gasp — if that’s even still possible after all that has happened so far this year.
No, those are not signs of a market that is starting to settle down, folks. There will be a couple very nice 3BR/2BA homes that will hit the market at the end of this week that will give us a very good idea of just temperature the market is sitting at. Stay tuned for those…
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 5-11-2013:
|San Carlos Housing Data||5-11-13||Prior Week|
|Closed Sales for the Week:
|Average Sold Price
|Average $/Sq Foot (Sold)
|Sold Price vs Orig List (%)||105%||111%|
|Average DOM of Closed Sales||13||11|
|No. of Homes Pending Sale:||35||32|
|Inventory of Active Listings:
|Average Price of Active Listings:||$1,355,854||$1,364,469
|Average DOM of Active Listings:||10||10|
|Average $/Sq Foot (List)||$602||$583|
||0.51 : 1||0.63 : 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.
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|
|772 Knoll Drive||$1,925,000||$1,995,000||-$70,000 (-3.5%)
|207 Edgehill Drive||$1,773,500||$1,888,888||-$115,388 (-6.1%)
|1148 Elm Street||$1,625,000||$1,499,000||+$126,000 (+8.4%)
|2324 San Carlos Avenue||$1,150,000||$948,000||+$202,000 (+21.3%)
|1817 Brittan Avenue||$1,030,000||$995,000||+$35,000 (+3.5%)
|128 Ruby Avenue||$927,000||$829,000||+$98,000 (+11.8%)
|1512 Howard Avenue||$840,000||$700,000||+$140,000 (+20%)
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.)
Single-Family Homes Pending Sale in San Carlos:
The following homes went “Pending Sale” this week.
|Address||DOM (days)||List Price|
|1617 Belmont Avenue||8||$1,010,000|
|1090 Crestview Drive||10||$1,549,000|
|248 Crestview Drive||10||$1,199,000|
|1013 Rosewood Avenue||5||$1,975,000|
|50 Hilltop Drive||2||$889,000|
|2647 San Carlos Avenue
|2724 Clifford Avenue
|17 Cranfield Avenue
|1558 Walnut Street
|1962 Brittan Avenue
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.)
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|
|620 Park Avenue||$1,495,000||4BR/2BA||1,928/5,763||Joyce Romeo, Intero|
|85 Wessex Way||$1,399,000||4BR/2BA||2,090/5,670||Leo Chaudoir, Sentinel Realty|
|1180 Alameda||$1,189,000||4BR/4BA||2,350/5,060||Haifa and Ruba, Today Sothebys|
|2763 San Carlos Avenue||$888,000||3BR/2BA||1,240/7,000||Jeannette Dane, Premier Properties|
|31 Willow Glen Way||$849,000||3BR/2BA||1,990/4,400||Kevin Murray, Vanguard|
|1917 Howard Avenue||$700,000||2BR/1BA||1,020/4,840||Carrie Du Bois, Coldwell Banker|
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.)
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|
|1 Clover Lane
||$1,275,000||$1,195,000|| +$80,000 (+6.7%)
|7 Honeysuckle Lane
||$930,000||$948,950|| -$18,950 (-2.0%)
|16 Buttercup Lane
||$788,000||$788,000|| +$0 (+0%)
|3314 Brittan Avenue #1
||$602,000||$595,900|| +$6,100 (+1.0%)
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condo/Townhouse Pending Sales in San Carlos
The following condos/townhouses are now pending sale:
|641 Cedar Street||8|
|3341 Brittan Avenue #2||9|
|3337 Brittan Avenue #10||11|
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are pending sale in San Carlos)
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|
|4 Meadowsweet Lane||$818,000||3BR/2.5BA||2,031||Barbara Williams, Alain Pinel Realtors.|
|11 Pyrola Lane||$795,000||2BR/2.5BA||1,793||Eddie Azzopardi, Realty World|
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)
Want Your Info Sooner?
(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)
Welcome to to the White Oaks Blog — the most widely read blog dedicated to the San Carlos real estate market! Have blog updates sent to you automatically by subscribing for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Don’t miss a single update!