Much to the chagrin of the kids (but to the joy of parents everywhere), the pilgrimage back to school is only a week away for some, and a few weeks for the rest. That means that last week and this week are two of the biggest vacation weeks of the summer, as people get their last-dash trips taken before school revs up. You could certainly feel that lull in the market last week, as only two new listings popped up on the radar, and 4 homes went into contract. This is quite a drop from the pace of the last few weeks.
Inventory is slowly starting to build back up, and homes are staying on the market slightly longer on average. The 21 homes that are currently for sale in San Carlos have been listed for an average of 33 days. This is about twice as long as the average earlier in the year, which should be an indication to buyers that there are some homes out there that may not take multiple offers to get.
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 8-9-2014:
|San Carlos Housing Data||8-9-14||Prior Week|
|Closed Sales for the Week:||4||7|
|Average Sold Price:||$1,428,750||$1,546,925|
|Average $/Sq Foot (Sold)||$816||$774|
|Average Percentage Over List Price:||101%||106%|
|Average DOM of Closed Sales||19||25|
|No. of Homes Pending Sale:||19||21|
|No. of Active Listings:||21||19|
|Average Price of Active Listings:||$1,522,511||$1,617,568|
|Average DOM of Active Listings:||33||30|
|Average $/Sq Foot (List)||$728||$704|
|Active-Pending Ratio:||1.1 : 1||0.90 : 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|
|23 Camborne Avenue||$2,475,000||$2,395,000||+$80,000 (+3.3%)||9|
|1981 Eucalyptus Avenue||$1,290,000||$1,349,000||-$59,000 (-4.4%)||31|
|2674 Thornhill Drive||$1,000,000||$948,800||+$51,200 (+5.4%)||5|
|549 Prospect Street||$950,000||$945,000||+$5,000 (+0.5%)||30|
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|
|260 Fairmont Avenue||11||$1,395,000|
|49 Madera Avenue||63||$1,300,000|
|2049 Brittan Avenue||53||$2,100,000|
|311 Fairfield Drive||12||$799,000|
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|
|109 Windsor Drive||$1,698,000||4BR/3BA||3,308/6,970||Sam Pilli, Keller Williams|
|928 Elm Street||$1,249,000||3BR/2BA||1,310/6,000||Joyce Romeo, Intero|
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|
|1107 Royal Lane||$1,237,000-||$1,099,000||+$138,000 (+12.6%)||9|
(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:
|602 Cedar Street #2||22|
|3311 La Mesa Drive #11||7|
(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|
|772 Walnut Street #8||$605,000||2BR/1.5BA||970||Denise Cronan, Cronan Real Estate Services|
(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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