The San Carlos real estate market is showing some resiliency as we head into mid-July. The vacation months aren’t keeping all of the buyers away, as is evidenced by the six homes that went into contract last week. And while there weren’t enough new listings to counter the number of homes that were snapped up, there were still 4 good new issues to make their debut during the same period which is surprisingly strong for this point in July.
That delta in new listings versus pending sales has resulted in the inventory of homes for sale dropping back into the mid-teens, which is where we have been most of the year. But it also sends a reassuring signal to those sellers that are considering putting their homes on the market in the coming weeks that buyers are still buying, and that they’ll have fewer homes competing with their listing when it hits the market.
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 7-12-2014:
|San Carlos Housing Data||7-12-14||Prior Week|
|Closed Sales for the Week:||3||10|
|Average Sold Price:||$1,350,296||$1,594,700|
|Average $/Sq Foot (Sold)||$785||$790|
|Average Percentage Over List Price:||113%||104%|
|Average DOM of Closed Sales||11||13|
|No. of Homes Pending Sale:||28||24|
|No. of Active Listings:||17||20|
|Average Price of Active Listings:||$1,522,611||$1,468,597|
|Average DOM of Active Listings:||35||33|
|Average $/Sq Foot (List)||$736||$698|
|Active-Pending Ratio:||0.64 : 1||0.83 : 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.
Single-Family Homes SOLD in 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|
|316 Chesham Avenue||$1,850,000||$1,499,000||+$351,000 (+23.4%)||10|
|1362 Chestnut Street||$1,400,888||$1,180,000||+$220,888 (+18.7%)||8|
|1820 San Carlos Avenue||$800,000||$899,000||-$99,000 (-11.0%)||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.)
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|
|1637 Cedar Street||95||$1,695,000|
|281 Dartmouth Avenue||23||$1,380,000|
|2432 Melendy Drive||14||$1,649,000|
|393 Chestnut Street||39||$1,248,950|
|185 Lyndhurst Avenue||11||$1,298,000|
|40 Curry Court||4||$1,379,000|
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.)
New Single-Family Home Listings in 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|
|125 Kelton Avenue||$2,800,000||5BR/4.5BA||3,106/5,500||Ben Halali, Amazing Realty|
|2240 Howard Avenue||$1,747,000||3BR/2BA||2,150/10,964||Patricia Peterson, Coldwell Banker|
|40 Curry Court||$1,379,000||4BR/2BA||2,190/7,273||Milana Ostroy, Coldwell Banker|
|1100 Walnut Street||$1,199,999||3BR/2.5BA||1,360/4,880||Brendan Royer, Prudential|
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.)
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|
(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)
Condo/Townhouse Pending Sale this Week.
The following condos/townhouses went into contract this week:
|2 Elm Street #102||19|
(Click the “Condos Pending Sale” button below to see all of the condos and townhomes that are 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|
|1 Laurel Street #401||$619,000||2BR/2BA||1,030||Sean Clar, RE/MAX|
(Click the “Condos for Sale” button below to see all of the condos and townhomes that are currently for sale in San Carlos)
(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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