The San Carlos Real Estate Week in Review: 3-1-14.

March 3, 2014

calendar18

For the second straight week, the spring real market was literally jumping in San Carlos.   10 new listings hit the street, ranging in price from $840K to $2.3M, and almost as many homes were plucked off the market by eager buyers.   The net result of all of this buying and selling is that inventory of homes for sale as of this morning bumped up slightly to 16.

Home buyers are really hoping for more of the same type of activity this week, since each solid wave of new listings seems to diffuse some of the buying pressure in this market environment, albeit slightly, since it doesn't feel like everyone is competing for the same house.    Much like the situation we have with the drought, it's going to take quite a few more weeks of this type of activity to saturate this market and settle it down a bit.    But the last two weeks were a very good start.

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 3-1-2014:

San Carlos Housing Data 3-1-14 Prior Week
Closed Sales for the Week: 5 4
Average Sold Price: $1,022,400 $1,092,000
Average $/Sq Foot (Sold) $699 $865
Sold Price vs Orig List Price: 112% 113%
Average DOM of Closed Sales 11 11
No. of Homes Pending Sale: 25 22
No. of Active Listings: 16 12
Average Price of Active Listings: $1,382,875 $1,319,143
Average DOM of Active Listings: 8 6
Average $/Sq Foot (List) $631 $694
Active-Pending Ratio: 0.64 : 1 0.67 : 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

___________________________________________________________________

Single-Family Homes SOLD in San Carlos:

125 Highland Avenue, San Carlos

125 Highland 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
125 Highland Avenue $1,300,000 $1,029,888 +$270,112 (+26.2%) 12
21 Madera Avenue $1,260,000 $1,250,000 +$10,000 (+0.8%) 20
2388 Brittan Avenue $961,000 $849,000 +$112,000 (+13.2%) 6
1026 Alameda $805,000 $749,000 +$56,000 (+7.5%) 10
982 Holly Street $786,000 $680,000 +$106,000 (+15.6%) 7

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

___________________________________________________________________

San Carlos Homes Pending Sale for the Week:

The following homes went into contract his week. Click on the address to see more details:

Address DOM (days) List Price
2457 Melendy Drive 9 $1,449,000
2238 Brittan Avenue 12 $869,000
1357 Woodland Avenue 11 $1,289,000
1505 Belmont Avenue 11 $975,000
379 De Anza Avenue 9 $1,139,000
2089 Eaton Avenue 7 $1,449,000
156 Mesa Verde Way 8 $1,698,000
1262 Crestview Drive 9 $1,450,000

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

___________________________________________________________________

New Single-Family Home Listings in San Carlos:

27 Madera Avenue, San Carlos

27 Madera Avenue, San Carlos

Below are the new listings that hit the market this past week in San Carlos. Click on the address of each home to get the complete details.

Address List Price BR/BA Sq Ft (home/lot) Listed By
27 Madera Avenue $2,298,000 4BR/4.5BA 5,385/9,000 Keri Nicholas, Coldwell Banker
945 Chestnut Street $2,150,000 4BR/3BA 2,700/7,500 John Shroyer, Today Sothebys
112 Madera Avenue $1,525,000 3BR/4BA 2,350/5,616 Mark Devlin, Keller Williams
880 Regent Court $1,499,000 3BR/2BA 2,130/9,130 Trish Ward, Keller Williams
3121 Melendy Drive $1,349,000 3BR/2BA 1,890/9,350 Justine Ford, Today Sothebys
145 Dolton Avenue $1,199,000 3BR/2BA 1,770/7,550 Annie Chang, Sequoia Realty
917 Rosewood Avenue $1,179,000 2BR/1.5BA 2,184/6,000 Justine Ford, Today Sothebys
426 Ridge Road $1,089,000 3BR/2BA 1,380/5,500 Kevin McDonough, Broker
201 Edgehill Drive $849,000 3BR/1BA 1,240/5,750 Kathryn Bedbury, Coldwell Banker
1382 Rosewood Avenue $839,000 3BR/1BA 1,440/4,920 Amy Earley, Coldwell Banker

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

___________________________________________________________________

Condos and Townhomes Sold in San Carlos:

Below are the condos/townhouses that closed escrow this past week. Click on the address for more details:

Address Sold Price Orig. List Difference DOM
775 Chestnut Street #6 $780,000 $749,000 +$31,000 (+4.1%) 9
3382 Brittan Avenue #11 $635,000 $608,000 +$27,000 (+4.4%) 24
728 Elm Street #103 $484,000 $468,888 +$15,112 (+3.2%) 17

(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

___________________________________________________________________

Condo/Townhouse Pending Sale this Week.

The following condos/townhouses went into contract this week:

Address DOM (days)
3323 La Mesa Drive #2 4

(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

___________________________________________________________________

New Condo/Townhouse Listings in San Carlos:

The following condo/townhouses listed this past week. Click on the address or all the details:

Address List Price BR/BA Sq Feet Listed By
8 Violet Lane $980,000 2BR/2.5BA 1,920 Eddie Azzopardi, Realty World
400 Portofino Drive #1 $698,000 2BR/2BA 1,570 Boyenga Team, Intero

(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

___________________________________________________________________

Want Your Info Sooner?

I post sales data during the week as it happens on the White Oaks Blog on Twitter and the White Oaks Blog Page on Facebook

———————————————-

(The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week.)

———————————————

Posted in:

Leave a Comment