The San Carlos Real Estate Week in Review: 7-20-13.

July 22, 2013

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San Carlos Real Estate Summary.

The good news for home buyers this past week was that the inventory of homes for sale in San Carlos quietly crept past the 20 mark, as we now have 24 single-family homes for sale in the entire city.  Just achieving the 20 mark has been an unreachable plateau for most of 2013, but how long it stays above that mark is anyone's guess.  Perhaps the combination of higher interest rates and the summer market have combined to put a bit of a damper on the market?   We'll see in the coming weeks if this trend continues, or if we're back to business as usual in San Carlos.

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 7-20-2013:

San Carlos Housing Data 7-20-13 Prior Week
Closed Sales for the Week:
9 9
Average Sold Price
$1,281,778 $1,216,667
Average $/Sq Foot (Sold)
$669 $729
Sold Price vs Orig List (%) 107% 110%
Average DOM of Closed Sales 20 10
No. of Homes Pending Sale: 31 34
Inventory of Active Listings:
24 18
Average Price of Active Listings: $1,449,283 $1,433,161
Average DOM of Active Listings: 30 35
Average $/Sq Foot (List) $617 $605
Active-Pending Ratio:
0.77 : 1 0.53 : 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:

2226 Carmelita Drive, San Carlos

2226 Carmelita 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
2226 Carmelita Drive $1,810,000 $1,799,000 +$11,000 (+0.6%)
12
2615 Graceland Avenue $1,800,000 $1,595,000 +$205,000 (+12.9%)
9
2015 Birch Avenue $1,550,000 $1,295,000 +$255,000 (+19.7%)
7
244 Timothy Drive $1,425,000 $1,350,000 +$75,000 (+5.6%)
0
1180 Alameda $1,201,000 $1,189,000 +$12,000 (+1.0%)
41
381 Dartmouth Avenue $1,150,000 $998,000 +152,000 (+15.2%)
58
1500 Cordilleras Avenue $1,005,000 $965,000 +$40,000 (+4.1%)
9
140 Hillcrest Road $975,000 $975,000 $0 (0%)
18
1009 Holly Street $620,000 $599,950 +$20,050 (+3.3%)
25

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
2217 Brittan Avenue 7 $998,000
448 Emerald Avenue 1 $1,010,000
2421 San Carlos Avenue 12 $1,049,000
160 Palm Avenue 9 $895,000
2648 Graceland Avenue 33 $1,195,000

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:

2819 Eaton Avenue, San Carlos

2819 Eaton 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
2819 Eaton Avenue $2,999,000 4BR/4.5BA 4,700/27,442 Gregory Goumas, Intero
1959 Belle Avenue $2,350,000 4BR/4.5BA 3,882/5,614 John Shroyer, Today Sothebys
216 Exeter Avenue $1,638,888 4BR/2.5BA 2,620/9,200 Jessica Eva, Today Sothebys
448 Emerald Avenue $1,010,000 3BR/1BA 1,200/5,500 David Young, Coldwell Banker
20 Barbara Lane $988,000 3BR/3BA 1,930/10,000 Maureen Gilmartin, Gilmartin Group
30 Vine Street $889,000 3BR/1BA 1,180/7,425 Judy Litteer, Better Homes
2079 Arroyo Avenue $825,000 2BR/1BA 1,060/5,000 Linda Scheifler Marks, Alain Pinel Realtors
1010 Cherry Street $799,000 3BR/2BA 1,400/5,000 Bryce Cook, Today Sothebys
2460 San Carlos Avenue $725,000 3BR/1BA 1,030/8,320 Len Moore, Vilmont

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
23 Tulip Lane $1,230,000 $1,249,000 -$19,000 (-1.5%)
9
793 Elm Street #5 $650,000 $699,000 -$49,000 (-7.0%)
15

(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)
1104 Royal Lane 20
775 Chestnut Street #30 10
3310 Brittan Avenue #6 10

(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
$0

(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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