San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 8-31-13. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 8-31-13.

by Chuck Gillooley

The Fall Market is Here.

Bring on the Fall market in San Carlos!  The stats below capture the essence of the first week of a typical Fall market in San Carlos — LOTS of sales.  As I’ve stated before numerous times on the site, the kickoff of the Fall market coincides with the return to school for the majority of kids.   In years past, that used to be after Labor Day weekend, but every year it seems like that date keeps creeping forward (especially if you get a student’s opinion on that.)   Last week was the first week that pretty much all kids were back to school.  And the buying numbers reflected it.

13 homes were went into contract, making it one of the busier buying weeks so far this year.   But only 5 new listings hit the market, so the brief “glut” of inventory that we had is evaporating rapidly.   At the time of this post, we are back down to 22 homes for sale in the entire city.   And that number will likely drop this week before it rises again.

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 8-31-2013:

San Carlos Housing Data 8-31-13 Prior Week
Closed Sales for the Week:
3 7
Average Sold Price
$1,221,963 $1,100,143
Average $/Sq Foot (Sold)
$638 $808
Sold Price vs Orig List (%) 112% 112%
Average DOM of Closed Sales 17 11
No. of Homes Pending Sale: 29 18
Inventory of Active Listings:
22 31
Average Price of Active Listings: $1,466,586 $1,421,575
Average DOM of Active Listings: 31 29
Average $/Sq Foot (List) $639 $630
Active-Pending Ratio:
0.76 : 1 1.7 : 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:

2648 Graceland Avenue, San Carlos
2648 Graceland Avenue, 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
2648 Graceland Avenue $1,475,000 $1,195,000 +$280,000 (+23.4%)
33
478 Emerald Avenue $1,250,000 $1,200,000 +$50,000 (+4.2%)
9
72 Bayport Court $940,888 $889,950 +$50,938 (+5.7%)
10

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
1431 Alameda 31 $898,000
269 Kelton Avenue 11 $1,100,000
92 Bay View Drive 11 $1,149,000
2640 Howard Avenue 30 $1,299,000
170 Hillcrest Road 9 $1,049,000
76 Alameda de las Pulgas 9 $638,000
1434 Cordilleras Avenue 7 $850,000
2416 Melendy Drive 12 $1,188,000
3363 Melendy Drive 11 $1,349,000
333 Hill Way 7 $750,000
462 Emerald Avenue 7 $1,175,000
1671 Belmont Avenue 4 $1,099,000
339 Cedar Street 7 $739,000

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:

1549 Chestnut Street, San Carlos
1549 Chestnut 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
1549 Chestnut Street $1,218,000 3BR/2BA 1,540/5,650 David Young, Coldwell Banker
245 Manor Drive $1,199,000 3BR/2BA 1,430/7,777 Jackie Cockreham, Today Sothebys
1671 Belmont Avenue $1,099,000 3BR/1.5BA 1,500/4,600 Violane Mraihi, Coldwell Banker
33 Chestnut Street $789,000 3BR/1.5BA 1,430/9,810 Fred Graziani, Broker
1028 Northwood Drive $699,000 2BR/1BA 820/4,675 Kary Cochrane, Intero

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
31 Chicory Lane $770,000 $779,000 -$9,000 (-1.2%) 16
3335 Brittan Avenue #1 $650,000 $630,000 +$20,000 (+3.2%) 3

(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)
1119 Royal Lane 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
1 Iris Lane $949,888 3BR/2.5BA 2,510 Helena Rogers, Today Sothebys

(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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