San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 10-19-13. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 10-19-13.

by Chuck Gillooley

Market Strength.

The real estate market in San Carlos has seemed to survive everything that has been thrown at recently — rising interest rates, temporary government shutdown, and the corresponding stock market volatility — and yet it keeps chugging along.  This past week’s home closing data showed us that homes in San Carlos are still selling at a blistering pace, and are fetching significant premiums over the asking price (111%).

Even though only 5 listings went pending this week, the majority of these saw fierce competition and garnered multiple offers, as you will see when the sales numbers are published after they close escrow.   So buyers take heed that the market is still ultra-competitive here in San Carlos — and should remain so throughout the fall/winter buying season.

Here are the numbers for 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 10-19-2013:

San Carlos Housing Data 10-19-13 Prior Week
Closed Sales for the Week:
9 4
Average Sold Price
$1,179,056 $1,127,750
Average $/Sq Foot (Sold)
$592 $739
Sold Price vs Orig List (%) 111% 97%
Average DOM of Closed Sales 24 28
No. of Homes Pending Sale: 22 28
Inventory of Active Listings:
16 19
Average Price of Active Listings: $1,550,615 $1,485,781
Average DOM of Active Listings: 42 31
Average $/Sq Foot (List) $577 $598
Active-Pending Ratio:
0.73 : 1 0.68 : 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:

76 Bay View Drive, San Carlos
76 Bay View 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 Days on Market
76 Bay View Drive $1,770,000 $1,675,000 +$95,000 (+5.7%)
8
40 Hartford Avenue $1,305,000 $999,000 +$306,000 (+30.1%)
9
262 Cedar Street $1,269,000 $1,079,000 +$190,000 (+17.6%)
9
55 Shelford Avenue $1,237,500 $999,000 +$238,500 (+23.9%)
8
300 De Anza Avenue $1,210,000 $1,087,000 +$123,000 (+11.3%)
7
20 Barbara Lane $1,140,000 $998,000 +$142,000 (+14.2%)
77
602 De Anza Avenue $1,090,000 $999,000 +$91,000 (+9.1%)
12
903 Hall Street $825,000 $970,000 -$145,000 (-14.9%)
82
2133 Brittan Avenue $765,000 $749,000 +$16,000 (+2.1%)
8

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
124 Chesham Avenue 12 $1,659,000
34 Stanford Lane 5 $975,000
1137 Woodland Avenue 9 $889,000
1500 Saint Francis Way 7 $1,295,000
1089 Porto Marino Drive 17 $1,199,000

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:

3142 La Mesa Drive, San Carlos
3142 La Mesa Drive, 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
3142 La Mesa Drive $1,399,000 5BR/3BA 2,660/9,990 Tim Earley, Coldwell Banker
870 Crestview Drive $1,398,000 4BR/2BA 2,250/8,262 Jaime Jones, Intero
9 Devonshire Boulevard $989,000 3BR/2BA 1,640/10,560 Marcus Lee, Climb Real Estate
153 Palm Avenue $839,000 3BR/2BA 1,430/5,550 Kate Finnigan, 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
1119 Royal Lane $1,200,000 $1,075,000 +$125,000 (+11.6%)
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)
1001 Laurel Street #305 7

(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
416 Portofino Drive #105  $700,000 2BR/2BA 1,310 Cynthia Reese, Keller Williams
3332 La Mesa Drive #10 $600,000 2BR/2BA 1,040 Valerie Hinton, Broker

(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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