San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 6-7-14. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 6-7-14.

by Chuck Gillooley

For the second straight week in San Carlos, there were more new listings to hit the market than there were homes going into contract.  That net positive helped push the inventory of homes for sale up to 27 briefly, before settling in at 26 at the time of this post.  That’s quite possibly the highest number of homes for sale that we’ve seen the entire year.  And San Carlos isn’t alone in this respect — Belmont’s inventory has bloated up to 27 seemingly overnight.

Whether that’s just the normal seasonal push, or a sign that the market is slowing down is still tough to call. Most homes that are going into contract are still seeing significant interest and multiple offers, just perhaps not as many offers as might have been the case a few months when the inventory levels were less than half this amount.   Regardless of the reason, the numbers are finally swinging back toward the buyer’s direction, and those buyers that stay on task during the summer months may finally land that elusive home on the Peninsula.

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 6-7-2014:

San Carlos Housing Data 6-7-14 Prior Week
Closed Sales for the Week: 6 2
Average Sold Price: $1,518,000 $1,177,500
Average $/Sq Foot (Sold) $727 $1,011
Average Percentage Over List Price: 109% 98%
Average DOM of Closed Sales 7 9
No. of Homes Pending Sale: 27 28
No. of Active Listings: 26 22
Average Price of Active Listings: $1,484,035 $1,496,814
Average DOM of Active Listings: 21 16
Average $/Sq Foot (List) $701 $702
Active-Pending Ratio: 0.96 : 1 0.79 : 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:

103 Mirabel Place, San Carlos
103 Mirabel Place, 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
103 Mirabel Place $1,728,000 $1,728,000 $0 (0%) 0
2133 Brittan Avenue $1,700,000 $1,519,000 +$181,000 (+11.9%) 5
155 Highland Avenue $1,600,000 $1,498,000 +$102,000 (+6.7%) 11
2222 Carmelita Drive $1,500,000 $1,498,000 +$2,000 (+0.1%) 9
798 Cedar Street $1,330,000 $1,225,000 +$105,000 (+8.6%) 10
1948 Saint Francis Way $1,250,000 $899,500 +$350,500 (+11.9%) 8

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
540 Pearl Avenue 10 $1,125,000
1358 Geneva Avenue 24 $1,195,000
59 Club Drive 36 $1,277,000
825 Somerset Court 14 $1,548,000
966 Cherry Street 9 $779,000
100 Alberta Avenue 8 $1,150,000

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:

1501 San Carlos Avenue, San Carlos
1501 San Carlos 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
1501 San Carlos Avenue $1,700,000 3BR/2BA 2,274/7,150 Jami Arami, Alain Pinel Realtors
37 Wildwood Avenue $1,550,000 3BR/3BA 1,475/7,700 Corey Sijbrant, Alain Pinel Realtors
3131 Brittan Avenue $1,488,000 3BR/2BA 2,050/11,700 Haifa and Ruba, Today Sothebys
304 De Anza Avenue $1,350,000 4BR/2BA 2,780/7,579 John Nelson, Coldwell Banker
348 Oakview Drive $1,228,000 2BR/1.5BA 1,090/5,500 Dennis Chan, JMC Realty
49 Madera Avenue $1,300,000 4BR/3.5BA 2,720/15,300 Suman Bazaz, Alliance Bay Realty
1316 Chestnut Street $1,160,000 3BR/1BA 1,230/4,560 David Young, Coldwell Banker
236 Kelton Avenue $1,079,000 2BR/1BA 1,420/4,440 Cindy Moscaret, Alain Pinel Realtors
1820 San Carlos Avenue $899,000 3BR/1.5BA 1,410/7,830 Cliff Whearley, 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 Trillium Lane $1,229,000 $989,000 +$240,000 (+24.3%)
7

(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)
20 Trillium Lane 9

(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
3 Geranium Lane $1,249,000 3BR/2.5BA 2,100 Justine Ford, Today Sothebys
3358 Brittan Avenue #18 $699,000 3BR/2BA 1,239 Stephen Hicks, Gateway Properties
3329 Brittan Avenue #10 $668,995 2BR/2BA 1,040 Stephen Hicks, Gateway Properties

(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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