San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 8-2-14. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 8-2-14.

by Chuck Gillooley

Does it feel like house prices have really taken a jump this year in San Carlos?  It wasn’t too many years ago when the average sales price of a home in San Carlos topped the $1M mark, and that seemed like a big deal back then.  especially for a town comprised mostly of 3BR, post WWII homes.

Fast forward to this week, and the average sales price of all of the 10 homes that sold is over $1.5M.  That’s just the average.  Is this just an anomaly?  Not really…

During the course of 2014, the average sales price has never fallen below $1.2M for any given month, and June 2014 set an all-time record for San Carlos with the monthly average sales price of $1,623,504.   Yes, it is getting quite expensive to buy a home in San Carlos.

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 8-2-2014:

San Carlos Housing Data 8-2-14 Prior Week
Closed Sales for the Week: 10 7
Average Sold Price: $1,546,925 $1,136,000
Average $/Sq Foot (Sold) $774 $779
Average Percentage Over List Price: 106% 106%
Average DOM of Closed Sales 25 14
No. of Homes Pending Sale: 21 23
No. of Active Listings: 19 22
Average Price of Active Listings: $1,617,568 $1,415,209
Average DOM of Active Listings: 30 26
Average $/Sq Foot (List) $704 $699
Active-Pending Ratio: 0.90 : 1 0.96 : 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:

2240 Howard Avenue, San Carlos
2240 Howard 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
2240 Howard Avenue $1,862,250 $1,747,000 +$115,250 (+6.6%) 8
2432 Melendy Drive $1,800,000 $1,649,000 +$151,000 (+9.2%) 14
1637 Cedar Street $1,795,000 $1,695,000 +$100,000 (+5.9%) 95
870 Orange Avenue $1,695,000 $1,695,000 $0 (0%) 15
185 Lyndhurst Avenue $1,551,000 $1,298,000 +$253,000 (+19.5%) 11
2813 Eaton Avenue $1,550,000 $1,299,000 +$251,000 (+19.3%) 10
40 Curry Court $1,500,000 $1,379,000 +$121,000 (+8.8%) 4
7 Plymouth Avenue $1,330,000 $1,279,000 +$51,000 (+4.0%) 8
304 Elm Street $1,198,000 $1,198,000 $0 (%) 44
393 Chestnut Street $1,188,000 $1,298,950 -$110,950 (-8.5%) 39

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
578 Cedar Street 9 $1,290,000
348 Oakview Drive 62 $1,159,000
976 Holly Street 13 $786,000
2508 Eaton Avenue 6 729,750
1349 Rosewood Avenue 7 $965,000
41 Elston Court 7 $1,485,000
44 Devonshire Boulevard 51 $799,950

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:

575 Alameda, San Carlos
575 Alameda, 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
575 Alameda $2,595,000 4BR/3BA 3,402/17,100 Tom Neel, Coldwell Banker
760 Crestview Drive $2,199,000 3BR/2.5BA 3,060/10,500 Shawn Jones, Intero
241 Highland Avenue $1,448,888 4BR/2.5BA 1,910/6,435 Stephen Bellingham, Alain Pinel Realtors
1027 Holly Street $765,000 2BR/1BA 950/6,400 Greg Garcia, Sequoia Realty

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
$– $– +$– (+–%)

(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)
3350 La Mesa Drive #10 46
1107 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
22 Buttercup Lane $1,049,000 4BR/2.5BA 2,013 Karon Knox, Prudential
3290 La Mesa Drive #1 $764,950 3BR/2BA 1,239 Carol Bartlett, Coldwell Banker

(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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(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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