San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5-3-14. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5-3-14.

by Chuck Gillooley

The month of May started with a bang, as a whole crop of new listings debuted on Thursday and Friday of last week.  You almost needed a scorecard to keep track of all of the homes that popped up on those two days (by San Carlos standards, anyway.)   But even with that significant push of new inventory, there are still only 13 single family homes for sale in the entire city.

If you thought there was going to be a break in the ferocity of the overbidding on homes in San Carlos, think again.   For the homes that closed escrow this past week, the average amount that was paid over the list price was 13%.  The leader of the pack from a sheer dollar perspective was the home at 124 Normandy Court, which fetched a premium of $552,000 above the asking price – almost as breathtaking as the view from the house.     And from the intelligence I gathered on the pending sales that occurred last week, that trend will certainly continue.  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 5-3-2014:

San Carlos Housing Data 5-3-14 Prior Week
Closed Sales for the Week: 8 11
Average Sold Price: $1,589,125 $1,460,636
Average $/Sq Foot (Sold) $863 $729
Average Percentage Over List Price: 113% 105%
Average DOM of Closed Sales 28 28
No. of Homes Pending Sale: 27 28
No. of Active Listings: 13 11
Average Price of Active Listings: $1,771,914 $1,574,864
Average DOM of Active Listings: 11 17
Average $/Sq Foot (List) $704 $733
Active-Pending Ratio: 0.48 : 1 0.25 : 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:

124 Normandy Court, San Carlos
124 Normandy Court, 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
124 Normandy Court $2,850,000 $2,298,000 +$552,000 (+24.0%) 11
2511 Melendy Drive $1,660,000 $1,699,000 -$39,000 (-2.3%) 28
115 Barford Avenue $1,650,000 $1,550,000 +$100,000 (+6.5%) 7
1924 Belle Avenue $1,630,000 $1,399,000 +$231,000 (+16.5%) 11
990 Orange Avenue $1,510,000 $1,299,950 +$210,050 (+16.2%) 30
1052 Lupin Way $1,150,000 $918,000 +$232,000 (+25.3%) 7
145 Dolton Avenue $1,135,000 $1,199,000 -$64,000 (-5.3%) 43
1370 Hull Drive $1,128,000 $889,000 +$239,000 (+26.9%) 15

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
1948 Saint Francis Way 8 $899,500
25 Walton Street 12 $1,249,000
524 Emerald Avenue 10 $1,049,000
212 Fairmont Avenue 9 $1,395,000
324 Devonshire Boulevard 29 $1,350,000
123 Rockridge Road 8 $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:

50 Hilltop Drive, San Carlos
50 Hilltop Drive, 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
50 Hilltop Drive $1,999,000 4BR/4BA 2,359/5,150 Todd Weidmer, RealSmart Properties
19 Camborne Avenue $1,800,000 4BR/2.5BA 2,880/14,200 Christine Morgan, RE/MAX Star
1404 Crestview Drive $1,798,888 4BR/2.5BA 2,570/15,488 Lorelei Komm, Keller Williams
176 Exeter Avenue $1,698,000 4BR/3BA 2,820/8,100 David Young, Coldwell Banker
1944 Eucalyptus Avenue $1,695,000 3BR/2.5BA 1,110/5,000 John Shroyer, Today Sothebys
2222 Carmelita Drive $1,498,000 3BR/1.5BA 2,040/9,176 Justine Ford, Today Sothebys
1625 Arroyo Avenue $1,495,000 3BR/3BA 2,000/6,500 Shaler Barnes, Cowperthwaite
155 Highland Avenue $1,498,000 4BR/2BA 2,770/9,720 Holly Noto, Coldwell Banker
231 Winding Way $1,388,000 3BR/2BA 1,980/4,785 Louis Trujillo, Heaven ‘n Earth Realty
59 Club Drive $1,277,000 3BR/2.5BA 2,220/7,200 Laura Bertolacci, Today Sothebys

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
13 Violet Lane $1,150,000 $998,800 +$151,200 (+15.1%)
8
757 Elm Street #12 $610,000 $629,000 -$19,000 (-3.0%)
15

(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)

(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
23 Calypso Lane $895,000 2BR/2.5BA 1,793 Eddie Azzopardi, Realty World
3003 Melendy Drive #3 $789,000 3BR/2BA 1,570 Justine Ford, Today Sothebys
1 Elm Street #110 $699,000 2BR/2.5BA 1,230 Jeffrey Kockos, Jeffrey Realtors

(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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