The dramatic drop-off in new listings in the San Carlos market last week really surprised everyone who watches this market closely. There were only 3 new listings to pop up last week, and only one of them listed on Friday. That meant that prospective home buyers had only 15 single-family homes in the entire city to choose from over this past weekend. With all of the pre-sales activity that has been going on behind the scenes, that’s just a surprisingly low number. When you combine that with the 7 homes that went into contract over the same period, our inventory is starting to look like it did back in the spring — really slim.
But there should be more hitting the market this week. I have another fabulous San Carlos home in the flats that I will be listing later this week — stay tuned to the site for more details.
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 9-13-2014:
|San Carlos Housing Data||9-13-14||Prior Week|
|Closed Sales for the Week:||3||6|
|Average Sold Price:||$1,173,333||$1,315,000|
|Average $/Sq Foot (Sold)||$653||$820|
|Average Sold – Percentage Of List Price:||101%||99%|
|Average DOM of Closed Sales||31||27|
|No. of Homes Pending Sale:||34||27|
|No. of Active Listings:||15||20|
|Average Price of Active Listings:||$1,411,779||$1,327,326|
|Average DOM of Active Listings:||18||17|
|Average $/Sq Foot (List)||$734||$743|
|Active-Pending Ratio:||0.44 : 1||0.74 : 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|
|2646 Eaton Avenue||$1,345,000||$1,499,000||-$154,000 (-10.3%)||45|
|2007 Eucalyptus Avenue||$1,300,000||$1,249,000||+$51,000 (+4.1%)||20|
|2508 Eaton Avenue||$875,000||$729,750||+$145,250 (+19.9%)||27|
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|
|1052 Laurel Street||15||$950,000|
|1040 Laurel Street||15||$950,000|
|65 Chestnut Street||11||$1,148,888|
|137 Cedar Street||12||$875,000|
|1020 Orange Avenue||6||$849,950|
|2565 San Carlos Avenue||14||$995,000|
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|
|1081 Hewitt Drive||$1,549,000||3BR/3BA||1,740/9,962||Kathryn Bedbury, Coldwell Banker|
|240 Chesham Avenue||$1,349,000||3BR/3BA||2,360/10,800||Phil Waddingham, Intero|
|154 Alberta Avenue||$1,299,000||3BR/1BA||1,210/5,712||Arn Cenedella, Coldwell Banker|
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|
|3290 La Mesa Drive #1||$851,000||$764,950||+$86,050 (+11.2%)||12|
|1001 Laurel Street #205||$417,268||$417,268||$0 (0%)||0|
(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:
|1001 Laurel Street #205||0|
|12 Daffodil Lane||28|
|9 Buttercup Lane||8|
(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|
|416 Portofino Drive #102||$799,000||2BR/2.5BA||1,310||Bob Lahl, Alain Pinel Realtors|
|3338 La Mesa Drive #10||$659,000||2BR/2BA||1,040||Teri Shaughnessy, RE/MAX|
|728 Elm Street #108||$515,000||2BR/2BA||1,124||Fred Eftekari, Today Sothebys|
|222 Laurel Street #203||$499,000||2BR/2BA||940||Howard Clark, Dumas & Company|
(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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