The San Carlos Real Estate Week in Review: 8-17-13.

August 19, 2013

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Building Inventory.

There's a palpable sense that the Fall real estate market is right around the corner.   Most kids head back to school this coming week, and almost as if on cue, the listings are starting to appear.  Just since Thursday alone, eight new issues debuted on the market in San Carlos, and hopefully that trend will continue this coming week.  That last burst alone pushed the inventory back up to 25, after dropping below the perilous 20 mark yet again, and kept the active/pending ratio above the 1.0 mark — a place it has rarely been all year.

Some big news on the blog this week — if you happen to read the San Carlos Real Estate Week in Review series every week on your smart phone or tablet, then you already know that the format was “less-than-optimal” when you click on any of the address links in the report.  Well, that problem has now been solved.  Starting this week, the website that houses all of the listing data is now optimized for mobile devices, and automatically re-formats when it senses that you are viewing the post from a mobile device.   So give it a try — click on any of the addresses in the report below from your mobile device.  I think you'll love the new look!

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 8-17-2013:

San Carlos Housing Data 8-17-13 Prior Week
Closed Sales for the Week:
5 10
Average Sold Price
$1,278,857 $1,370,300
Average $/Sq Foot (Sold)
$709 $657
Sold Price vs Orig List (%) 108% 100%
Average DOM of Closed Sales 12 14
No. of Homes Pending Sale: 21 20
Inventory of Active Listings:
25 24
Average Price of Active Listings: $1,543,754 $1,541,156
Average DOM of Active Listings: 35 37
Average $/Sq Foot (List) $651 $624
Active-Pending Ratio:
1.2 : 1 1.2 : 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:

860 Regent Court, San Carlos

860 Regent 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
860 Regent Court $1,610,000 $1,598,000 +$12,000 (+0.8%)
13
2813 Brittan Avenue $1,190,000 $1,049,000 +$141,000 (+13.4%)
13
2421 San Carlos Avenue $1,170,000 $1,049,000 +$121,000 (+11.5%)
12
2079 Arroyo Avenue $1,012,000 $825,000 +187,000 (+22.7%)
16
160 Palm Avenue $960,000 $895,000 +65,000 (+7.3%)
9

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
237 Alberta Avenue 19 $929,000
188 Exbourne Avenue 32 $1,098,000
355 Phelps Road 5 $1,310,000
216 Exeter Avenue 25 $1,638,888
1002 Holly Street 11 $649,950

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:

38 Cobblestone Lane, San Carlos

38 Cobblestone Lane, 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
38 Cobblestone Lane $1,890,000 4BR/3BA 3,280/13,800 Stanley Lo, Green Banker
10 Graceland Lane $1,395,000 3BR/2BA 1,360/15,000 Peter Vece, Today Sothebys
835 Orange Avenue $1,388,000 3BR/2.5BA 1,775/5,650 David Young, Coldwell Banker
2416 Melendy Drive $1,188,000 3BR/2.5BA 2,170/8,520 Val Vandervort, Keller Williams
92 Bay View Drive $1,149,000 3BR/2.5BA 1,800/4,794 Jim Minkey, Today Sothebys
269 Kelton Avenue $1,100,000 3BR/1.5BA 1,800/6,780 Loreta Anderson, Alain Pinel Realtors
1724 Greenwood Avenue $1,098,000 3BR/2BA 1,620/5,400 Janet Pepe Davis, Hometown Realty
148 Vine Street $989,000 3BR/2BA 1,320/5,610 John Shroyer, 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
1104 Royal Lane $1,172,000 $1,095,000 +$77,000 (7.0%) 20
775 Chestnut Street #30 $710,000 $579,000 +$131,000 (+22.6%) 10

(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)
1125 Crestview Drive #3 13
3332 Brittan Avenue #11 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
222 Laurel Street #307 $414,500 1BR/1BA 702 Sean Clar, RE/MAX

(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

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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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