The San Carlos Real Estate Week in Review: 4-12-14.

April 14, 2014

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Spring break seemed to take a little wind out of the open house sails over the past two weekends.  With the exception of a few of the new listings, most open houses that I attended yesterday were eerily quiet.   Because the various schools and colleges in the area don't take the same week off, this phenomenon has been spread out over the past few weekends.  It hasn't appeared to rein in the appetite of home buyers in San Carlos, though, since they took another 7 homes off the market this past week.

A couple of homes that closed this week fetched prices over $2M — something that was unheard of a few years ago in sleepy San Carlos, but is now something much more commonplace in this red-hot market.   We'll talk about that more later this week on the blog.

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 4-12-2014:

San Carlos Housing Data 4-12-14 Prior Week
Closed Sales for the Week: 5 4
Average Sold Price: $1,656,200 $1,438,500
Average $/Sq Foot (Sold) $868 $773
Sold Price vs Orig List Price: 117% 105%
Average DOM of Closed Sales 9 11
No. of Homes Pending Sale: 31 30
No. of Active Listings: 13 13
Average Price of Active Listings: $1,302,808 $1,311,258
Average DOM of Active Listings: 7 10
Average $/Sq Foot (List) $697 $684
Active-Pending Ratio: 0.42 : 1 0.43 : 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:

945 Chestnut Street, San Carlos

945 Chestnut Street, 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
945 Chestnut Street $2,250,000 $2,150,000 +$100,000 (+4.7%) 11
156 Normandy Court $2,150,000 $1,698,000 +$452,000 (+26.6%) 8
41 Walton Street $1,631,000 $1,298,000 +$333,000 (+25.7%) 8
2321 Eaton Avenue $1,200,000 $1,099,000 +$101,000 (+9.2%) 7
1382 Rosewood Avenue $1,050,000 $839,000 +$211,000 (+25.1%) 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
1924 Belle Avenue 11 $1,399,000
111 Lynton Avenue 10 $1,448,000
2235 Carmelita Drive 12 $1,698,000
3025 Brittan Avenue 25 $1,248,000
101 Mirabel Place 6 $1,588,850
145 Dolton Avenue 43 $1,099,000
1308 Orange Avenue 17 $1,399,000

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:

124 Normandy Court, San Carlos

124 Normandy Court, 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
124 Normandy Court $2,298,000 4BR/3.5BA 2,527/10,030 Emily Lim, RE/MAX
1729 Elizabeth Street $1,849,000 3BR/3BA 2,754/10,200 Patty Dwyer, Coldwell Banker
209 Rockridge Road $1,370,000 3BR/4BA 2,390/10,780 Jodi Campion, Alain Pinel Realtors
5 Granite Court $1,190,000 3BR/2.5BA 1,820/7,280 Steve Droz, Today Sothebys
1415 Elm Street $1,175,000 3BR/2BA 1,870/6,375 Gordie Burton, Coldwell Banker
1333 Woodland Avenue $1,089,000 3BR/2BA 1,270/4,920 Ellen Larios, Today Sothebys
1048 Riverton Drive $649,000 3BR/1.5BA 1,270/5,000 Carole and Nicole, Alain Pinel Realtors

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 closed escrow this past week. Click on the address for more details:

Address Sold Price Orig. List Difference DOM
656 Walnut Street #202 $1,150,000 $848,800 +$301,200 (+35.5%) 5
12 Calypso Lane $980,000 $839,000 +$141,000 (+16.8%) 9

(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 Sale this Week.

The following condos/townhouses went into contract this week:

Address DOM (days)
757 Elm Street #12 13
13 Violet Lane 8
775 Chestnut Street #17 10
3356 La Mesa Drive #5 8

(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 all the details:

Address List Price BR/BA Sq Feet Listed By
648 Chestnut Street $798,000 2BR/2.5BA 1,380 Kathleen Capurso, Intero
1 Elm Street #402 $648,000 2BR/2BA 1,180 Nick Granoski, Alain Pinel Realtors
1 Elm Street #303 $640,000 2BR/2BA 1,180 Lottie Kendall, Today Sothebys

(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 during the week as it happens on 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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