The San Carlos Real Estate Week in Review: 11-16-13.

November 18, 2013

1500-Saint-Francis-Way

Heading into the Holidays.

We are now less than two weeks from Thanksgiving, and the inventory of homes for sale in San Carlos is dropping like the evening temperature.  In a real estate year that seems to shrug off the calendar, homes are still getting snapped up at a frantic pace even this late in the season.   As of this morning, there are only 11 homes for sale across the entire town.  That number actually dropped well below 10 this weekend , which briefly put us at the lowest level of the entire year.

Sellers are warming to the fact that (for the right house) they can put their home on the market this late in the year and still have a horde of buyers beating a path to their door.   This doesn't mean it's the right decision for every seller, and some will rightfully opt to wait until the Spring market of 2014 to list their homes.    But when you realize that there's not a single home for sale in all of White Oaks or Oak Park right now,  you simply can't ask for more favorable conditions to sell your home.

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 11-16-2013:

San Carlos Housing Data 11-16-13 Prior Week
Closed Sales for the Week:
2 8
Average Sold Price
$1,200,000 $1,391,385
Average $/Sq Foot (Sold)
$745 $752
Sold Price vs Orig List (%) 111% 106%
Average DOM of Closed Sales 19 19
No. of Homes Pending Sale: 25 21
Inventory of Active Listings:
11 13
Average Price of Active Listings: $1,703,545 $1,606,923
Average DOM of Active Listings: 47 48
Average $/Sq Foot (List) $594 $636
Active-Pending Ratio:
0.44 : 1 0.62 : 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

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Single-Family Homes SOLD in San Carlos:

1500 Saint Francis Way, San Carlos

1500 Saint Francis Way, 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
1500 Saint Francis Way $1,525,000 $1,295,000 +$230,000 (+17.8%)
7
19 Winding Way $875,000 $875,000 0 (0%)
30

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

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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
1374 Alameda 110 $899,000
973 Alameda 24 $838,000
61 Devonshire Circle 11 $1,297,000
1409 Cordilleras Avenue 7 $1,795,000
1384 Chestnut Street 14 $1,120,000
3157 La Mesa Drive 11 $1,679,000

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:

121 Beverly Drive, San Carlos

121 Beverly 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
121 Beverly Drive $1,398,000 4BR/3BA 2,410/6,400 Dan Ziony, Coldwell Banker
60 Wessex Way $1,395,000 3BR/2BA 1,860/8,991 Bob Bredel, Today Sothebys
1044 Hewitt Drive $1,199,000 3BR/2.5BA 1,965/12,136 Nancy Palmer, Alain Pinel Realtors
2087 Belle Avenue $1,075,000 4BR/2BA 1,750/5,650 Gordie Burton, Coldwell Banker
2516 San Carlos Avenue $849,000 2BR/2BA 1,270/8,000 Linda Maltby, RE/MAX Accord

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

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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
1001 Laurel Street # 305 $806,000 $749,800 +$56,200 (+7.5%)
7
2987 Melendy Drive #2 $629,000 $629,000 $0 (0%)
28

(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

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Condo/Townhouse Pending Sales in San Carlos

The following condos/townhouses are now pending sale:

Address DOM (days)
15 Sorrel Lane 0

(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

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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
1001 Laurel Street #320 $745,000 2BR/2BA 1,094 Marquise Murphy, Itosca Properties
602 Cedar Street #5 $629,000 2BR/2BA 1,320 Rick Sanchez, KMS Investments
1 Laurel Street #102 $599,000 2BR/2BA 1,030 Kenneth Yip, CIG Realty

(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

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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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