San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 6-1-13. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 6-1-13.

by Chuck Gillooley

San Carlos Real Estate Summary.

Although it was a relatively small sample size at only 6 closed sales, it was still an eye-opener to see that the sales price for these 6 listings commanded a 14% premium on average over the asking price.  Four of the six fetched $200,000 or more over their asking price, or an upside of 17-20%.   Buying activity continues to be brisk, with 8 more homes going into contract over the past week.   And open houses reported crushing crowds over the weekend.

Even with a significant correction in the stock market at the end of the week, it doesn’t seem that anything can curb the enthusiasm and momentum of the real estate market in San Carlos right now.  It’s an amazing thing to see.

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 6-1-2013:

San Carlos Housing Data 6-1-13 Prior Week
Closed Sales for the Week:
6 12
Average Sold Price
$1,311,000 $1,300,875
Average $/Sq Foot (Sold)
$707 $671
Sold Price vs Orig List (%) 114% 107%
Average DOM of Closed Sales 9 12
No. of Homes Pending Sale: 34 32
Inventory of Active Listings:
17 19
Average Price of Active Listings: $1,258,118 $1,268,047
Average DOM of Active Listings: 19 28
Average $/Sq Foot (List) $611 $612
Active-Pending Ratio:
0.50 : 1 0.59 : 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:

1090 Crestview Drive, San Carlos
1090 Crestview 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
1090 Crestview Drive $1,855,000 $1,549,000 +$306,000 (+19.8%)
10
248 Crestview Drive $1,410,000 $1,199,000 +$211,000 (+17.6%)
10
1517 School Street $1,301,000 $1,100,000 +$201,000 (+18.3%)
9
909 Heather Drive $1,280,000 $1,065,000 +$215,000 (+20.2%)
14
248 Devonshire Boulevard $1,090,000 $1,099,000 -$9,000 (-0.8%)
7
50 Hilltop Drive $930,000 $889,000 +$41,000 (+4.6%)
2

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 to see more details:

Address DOM (days) List Price
469 Wellington Drive 28 $999,950
440 Erlin Drive 27 $1,200,000
1009 Holly Street
25 $599,950
108 Aster Road 9 $1,478,000
1308 Rosewood Avenue
9 $899,000
2270 Carmelita Drive
14 $978,888
309 Old County Road
15 $699,950
142 Exbourne Avenue
10 $989,000

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:

883 Cedar 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
883 Cedar Street $1,699,000 4BR/3.5BA 2,590/6,600 Charles Norman, Woodside Realty
1627 Chestnut Street $1,399,000 3BR/2BA 1,870/5,650 Leila Sisneros, Today Sothebys
10 Valley Road $1,175,000 4BR/3BA 1,810/6,344 Bob Bredel, Today Sothebys
1341 Central Avenue $1,078,000 3BR/2BA 1,750/8,000 Sylvia Martinelli, Realty World
744 Tamarack Avenue $998,000 2BR/2BA 1,707/6,050 Carrie Du Bois, Coldwell Banker
140 Hillcrest Road $975,000 3BR/2BA 1,530/12,350 Tomoko Streets, Vabrato
1925 Howard Avenue $968,000 3BR/1BA 1,140/4,560 Bonnie Childs, 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
3362 Brittan Avenue #7 $623,000 $609,950 +$13,050 (+2.1%)
6

(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)
21 Calypso Lane 71
1001 Laurel Street #319 6
12 Lilly Lane 15

(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 Geranium Lane $1,149,000 3BR/2.5BA 2,330 Eddie Azzopardi, Realty World
4 Tulip Lane $999,000 2BR/2.5BA 2,040 Lawrence Rabidou, Intero
3331 Brittan Avenue #11 $589,000 2BR/2BA 1,040 Mary Molinari, Coldwell Banker

(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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