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.
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|
|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.)
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.)
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|
|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||$765,000||2BR/1BA||950/6,400||Greg Garcia, Sequoia Realty|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that closed escrow this past week. Click on the address for more details:
|Address||Sold Price||Orig. List||Difference||DOM|
|—||$–||$–|| +$– (+–%)
(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:
|3350 La Mesa Drive #10||46|
(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|
|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)
(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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