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The San Carlos Real Estate Week in Review: 5-18-13.

May 19, 2013 "The Week in Review", San Carlos Real Estate No Comments
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San Carlos Real Estate Summary.

If you want a good snapshot that captures the speed and strength of the San Carlos Real estate market, just look at the stats directly below for homes that sold (closed escrow) this past week.   The average price per square foot was over $700, the average number of days on the market was only 8, and the sales prices were roughly 7% above the asking price.     Those are some pretty hefty numbers in a market that just doesn’t seem to be losing any steam.

It also serves as a great reminder that you have to stay on task if you’re actively looking to purchase a home in this market, because things are still moving very quickly — even as more listings are coming onto the market.    If homes are selling within the first week of their debut, every single day matters when you’re putting together your buying strategy.   And that will get further complicated as we head into the early part of the vacation season for many people.

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 5-18-13 Prior Week
Closed Sales for the Week:
6 7
Average Sold Price
$1,290,833 $1,324,000
Average $/Sq Foot (Sold)
$708 $691
Sold Price vs Orig List (%) 107% 105%
Average DOM of Closed Sales 8 13
No. of Homes Pending Sale: 37 35
Inventory of Active Listings:
19 16
Average Price of Active Listings: $1,261,091 $1,355,854
Average DOM of Active Listings: 24 10
Average $/Sq Foot (List) $625 $602
Active-Pending Ratio:
0.51 : 1 0.51 : 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:

908 Leslie Court, San Carlos

908 Leslie Court, 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
908 Leslie Court $1,710,000 $1,595,000 +$115,000 (+7.2%)
15
955 Buckland Avenue $1,550,000 $1,495,000 +$55,000 (+3.7%)
7
91 Wessex Way $1,485,000 $1,368,000 +$117,000 (+8.6%)
9
1552 Chestnut Street $1,215,000 $1,199,000 +$16,000 (+1.3%)
0
1415 Alameda $910,000 $848,500 +$61,500 (+7.2%)
10
1989 Belle Avenue $875,000 $749,000 +$126,000 (+16.8%)
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.

Address DOM (days) List Price
1917 Howard Avenue 7 $700,000
995 Crestview Drive 12 $1,348,500
24 Coronado Avenue
3 $1,050,000
125 Fairmont  Avenue 14 $1,349,000
620 Park Avenue
7 $1,499,000
1082 Lupin Way
14 $1,499,980
31 Willow Glen Way
12 $849,000
909 Heather Drive
14 $1,065,000

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:

226 Sycamore Street, San Carlos

226 Sycamore Street, 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
226 Sycamore Street $1,185,000 3BR/3BA 2,360/7,000 Bob Bredel, Today Sothebys
248 Devonshire Boulevard $1,099,000 3BR/2BA 1,600/6,710 Bob Bredel, Today Sothebys
24 Coronado Avenue $1,050,000 5BR/3BA 1,760/7,770 Monique Lombardelli, Modern Homes
2270 Carmelita Drive $978,888 3BR/2BA 1,550/7,600 Lorelei Keim, Keller Williams
19 Willow Glen Way $929,000 3BR/2BA 1,410/4,664 Chris Anderson, Alain Pinel Realtors
2180 Brittan Avenue $803,000 2BR/1BA 1,030/5,000 Pamela Garvic, Alain Pinel Realtors
2080 Brittan Avenue $750,000 2BR/2BA 1,030/5,000 Tony Gabb, RE/MAX
309 Old County Road $669,950 2BR/1BA 820/5,000 Peter Vece, Today Sothebys

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
3 Geranium Lane
$1,000,000 $998,000 +$2,000 (+0.2%)
2
772 Walnut Street #16
$558,000 $525,000 +$33,000 (+6.3%)
11

(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
12 Lilly Lane $749,000 3BR/2.5BA 1,709 Catherine Smith, Kleebauer Properties.
3299 La Mesa Drive #9 $559,000 2BR/2BA 1,040 Chuck Gillooley, Alain Pinel Realtors

(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

The White Oaks Blog on Twitter

The White Oaks Blog 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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Chuck Gillooley
Realtor, San Carlos Resident

(650) 207-2024
BRE# 01750684
Email: Chuck Gillooley
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