The San Carlos Real Estate Week in Review: 11-30-13.

December 2, 2013

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Bring on December.

Despite the shortened holiday week, it was still a surprisingly busy one for those buyers who chose to stay in town and shop for homes.   5 homes went into contract in that short period of time, and two smart sellers actually bucked the normal trend and decided to list their home during the Thanksgiving week.     They are in very select company, because as of this morning there are only 6 single-family homes for sale in the entire City of Good Living — easily the lowest level of the entire year.

Will other sellers take note of the near-perfect selling conditions and list their homes in December, or will they take the more traditional path and wait until the Spring 2014 market?   This week should give us our answer.   Stay tuned…

Here are the details 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 11-30-2013:

San Carlos Housing Data 11-30-13 Prior Week
Closed Sales for the Week: 5 1
Average Sold Price $1,046,400 $1,748,375
Average $/Sq Foot (Sold) $654 $920
Sold Price vs Orig List (%) 107% 104%
Average DOM of Closed Sales 19 11
No. of Homes Pending Sale: 29 28
Inventory of Active Listings: 6 11
Average Price of Active Listings: $1,600,658 $1,634,909
Average DOM of Active Listings: 61 48
Average $/Sq Foot (List) $603 $577
Active-Pending Ratio: 0.21 : 1 0.39 : 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:

323 Chesham Avenue, San Carlos

323 Chesham 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 Days on Market
323 Chesham Avenue $1,350,000 $1,328,888 +$21,112 (+1.6%) 13
185 Cedar Street $1,170,000 $949,950 +$220,050 (+23.2%) 7
153 Palm Avenue $1,005,000 $839,000 +$166,000 (+19.8%) 12
753 Walnut Street $1,000,000 $1,095,000 -$95,000 (-8.7%) 35
315 Old County Road $707,000 $695,000 +$12,000 (+1.7%) 29

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
2516 San Carlos Avenue 9 $849,000
1924 Eaton Avenue 8 $1,249,000
1044 Hewitt Drive 11 $1,199,000
18 Estrada Place 68 $2,350,000
45 Shelford Avenue 9 $899,000

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:

1036 Hewitt Drive, San Carlos

1036 Hewitt 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
1036 Hewitt Drive $1,299,000 3BR/2BA 1,870/7,625 John Reese, Intero
23 Vine Street $949,950 3BR/1.5BA 1,200/5,200 Ruben Yomtoubian, Discount Realty

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
222 Laurel Street #209 $360,000 $349,000 +$11,000 (+3.2%) 8

(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)
602 Cedar Street #5 18

(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
$–

(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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