The San Carlos Real Estate Week in Review: 5-18-13.
May 19, 2013
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.
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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 |
---|---|---|---|---|
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.)
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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.)
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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 |
---|---|---|---|---|
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.)
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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)
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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)
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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)
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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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