San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 12-7-13. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 12-7-13.

by Chuck Gillooley

Forsaking the Spring Market.

A very interesting statistic popped up while I was pulling data for this report —  there have already been more new listings to debut on the market in San Carlos this month (7) than there were in the entire month of December 2012 (5), and we’re barely one week into this month.   What is causing sellers to forsake the traditional spring market and list their home in what is normally one of the slowest months of the year?

There are two reasons that come to mind.  Either they want to take advantage of the complete absence of competition with the  single-digit inventory of homes for sale, OR perhaps they are concerned that the market may be starting to top out, and they don’t want to risk waiting until the spring to get the maximum value for their home.   Either way, this month is shaping up to have the strongest listing performance of any December in the past 5 years.

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 12-7-2013:

San Carlos Housing Data 12-7-13 Prior Week
Closed Sales for the Week: 5 5
Average Sold Price $1,727,200 $1,046,400
Average $/Sq Foot (Sold) $559 $654
Sold Price vs Orig List (%) 106% 107%
Average DOM of Closed Sales 18 19
No. of Homes Pending Sale: 27 28
Inventory of Active Listings: 9 6
Average Price of Active Listings: $1,339,772 $1,600,658
Average DOM of Active Listings: 28 61
Average $/Sq Foot (List) $699 $603
Active-Pending Ratio: 0.33 : 1 0.21 : 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:

369 Club Drive, San Carlos
369 Club 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
369 Club Drive $2,200,000 $1,788,000 +$412,000 (+23.0%) 14
75 Hartford Avenue $2,100,000 $2,288,000 -$188,000 (-8.2%) 57
870 Crestview Drive $1,550,000 $1,398,000 +$152,000 (+10.9%) 8
3142 La Mesa Drive $1,535,000 $1,399,000 +$136,000 (+9.7%) 12
201 Aberdeen Drive $1,251,000 $1,250,000 +$1,000 (+0%) 0

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
2708 Eaton Avenue 12 $969,000
2819 Eaton Avenue 143 $2,799,000

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:

650 Wellington Drive, San Carlos
650 Wellington 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
650 Wellington Drive $1,999,000 5BR/3.5BA 3,050/6,562 Bryce Cooke, Today Sothebys
2424 Saint Francis Way $1,179,000 3BR/1.5BA 1,320/5,225 Joseph Bentley, Alain Pinel Realtors
2119 Greenwood Avenue $1,150,000 3BR/1.5BA 1,450/6,768 David Young, Coldwell Banker
818 Cordilleras Avenue $1,125,000 3BR/2BA 1,510/7,245 Kelly Clarke, Coldwell Banker
1005 Hall Street $769,000 2BR/1BA 910/4,350 Steve Udelson, Owner’s 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
3327 La Mesa Drive #4 $560,000 $589,000 -$29,000 (-4.9%) 41

(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)
3 Poppy Lane 14
1 Laurel Street #102 21

(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
11 Buttercup Lane $938,839 2BR/2.5BA 1,793 Donna Marie Baldwin, Coldwell Banker
1001 Laurel Street #201 $789,000 2BR/2BA 1,094 Vivienne Kelvin, Realty World

(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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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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