The San Carlos Real Estate Week in Review: 7-12-14.

July 14, 2014

calendar21

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.

San Carlos Open House List

___________________________________________________________________

Single-Family Homes SOLD in San Carlos:

316 Chesham Avenue, San Carlos

316 Chesham 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
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.)

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
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.)

Homes Pending Sale in San Carlos

___________________________________________________________________

New Single-Family Home Listings in San Carlos:

125 Kelton Avenue, San Carlos

125 Kelton 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
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.)

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
$– $– +$–

(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)
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)

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
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)

Condos 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.)

Posted in:

Leave a Comment