San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5-11-13. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5-11-13.

by Chuck Gillooley

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:
7 5
Average Sold Price
$1,324,357 $1,231,000
Average $/Sq Foot (Sold)
$691 $709
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:
16 20
Average Price of Active Listings: $1,355,854 $1,364,469
Average DOM of Active Listings: 10 10
Average $/Sq Foot (List) $602 $583
Active-Pending Ratio:
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.

San Carlos Open House List
San Carlos Open House List

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Single-Family Homes SOLD in San Carlos:

772 Knoll Drive, San Carlos
772 Knoll Drive, 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%)
18
207 Edgehill Drive $1,773,500 $1,888,888 -$115,388 (-6.1%)
41
1148 Elm Street $1,625,000 $1,499,000 +$126,000 (+8.4%)
4
2324 San Carlos Avenue $1,150,000 $948,000 +$202,000 (+21.3%)
3
1817 Brittan Avenue $1,030,000 $995,000 +$35,000 (+3.5%)
11
128 Ruby Avenue $927,000 $829,000 +$98,000 (+11.8%)
9
1512 Howard Avenue $840,000 $700,000 +$140,000 (+20%)
5

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.

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
11 $975,000
2724 Clifford Avenue
7 $1,050,000
17 Cranfield Avenue
16 $725,000
1558 Walnut Street
1 $910,000
1962 Brittan Avenue
9 $925,000

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:

620 Park Avenue, San Carlos
620 Park 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
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.)

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
1 Clover Lane
$1,275,000 $1,195,000 +$80,000 (+6.7%)
13
7 Honeysuckle Lane
$930,000 $948,950 -$18,950 (-2.0%)
35
16 Buttercup Lane
$788,000 $788,000 +$0 (+0%)
28
3314 Brittan Avenue #1
$602,000 $595,900 +$6,100 (+1.0%)
9

(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)
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)

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
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)

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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