The San Carlos Real Estate Week in Review: 9-27-14.

September 30, 2014

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The San Carlos real estate market is resolving any doubts about any potential softening or leveling-off coming out of the slower months of July and August.  Buyers are definitely out in full force this Fall, as open houses have been very well attended and multiple offers are still happening for the right properties.

Five of the eight homes that went into contract this past week were on the market for less than two weeks.   Many of the hotter issues are only on the market for a single week, which means buyers must prioritize getting in to see these homes as soon as possible, whether at the open house or via a private showing.   As the daylight hours start to dwindle at this time of they year, that poses even a bigger challenge if you're trying to view homes after work during the week.

And speaking of hot new listings, stay tuned to the sight in the coming days – I've got another spectacular downtown home that will be on the market this weekend.

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 9-27-2014:

San Carlos Housing Data 9-27-14 Prior Week
Closed Sales for the Week: 6 12
Average Sold Price: $1,573,333 $1,460,042
Average $/Sq Foot (Sold) $781 $819
Average Sold – Percentage Of List Price: 100% 108%
Average DOM of Closed Sales 21 10
No. of Homes Pending Sale: 29 27
No. of Active Listings: 15 16
Average Price of Active Listings: $1,385,123 $1,406,479
Average DOM of Active Listings: 16 15
Average $/Sq Foot (List) $706 $706
Active-Pending Ratio: 0.5 : 1 0.6 : 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:

125 Kelton Avenue, San Carlos

125 Kelton 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
125 Kelton Avenue $2,450,000 $2,800,000 -$350,000 (-12.5%) 56
109 Windsor Drive $1,900,000 $1,698,000 +$202,000 (+11.9%) 15
269 Ruby Avenue $1,640,000 $1,610,000 +$30,000 (+1.9%) 10
241 Highland Avenue $1,375,000 $1,448,888 -$73,888 (-5.1%) 32
205 Oakview Drive $1,100,000 $999,000 +$101,000 (+10.1%) 0
137 Cedar Street $975,000 $875,000 +$100,000 (+11.4%) 12

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
1079 Sunset Drive 66 $1,399,000
1027 Holly Street 57 $765,000
1512 Howard Avenue 18 $1,800,000
1230 Greenbrier Road 5 $988,888
35 Bay View Drive 9 $1,549,000
1221 Highland Court 8 $1,350,000
191 Fairmont Avenue 11 $1,699,888
1700 Greenwood Avenue 7 $1,395,000

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

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New Single-Family Home Listings in San Carlos:

1627 Saint Francis Way, San Carlos

1627 Saint Francis Way, 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
1627 Saint Francis Way $1,495,000 3BR/2BA 1,790/5,500 Chuck Gillooley, Alain Pinel Realtors
117 Highland Avenue $1,399,950 3BR/2.5BA 1,760/15,664 Maxine and Michelle Dumas
2651 Eaton Avenue $1,380,000 3BR/2BA 1,870/10,752 Amy Earley, Coldwell Banker
309 Portofino Drive $1,299,000 3BR/3BA 2,020/11,392 Victoria Glynn, Today Sothebys
220 Oakview Drive $1,249,000 3BR/2BA 1,530/5,760 Anna Wong, Alain Pinel Realtors
1725 Eaton Avenue $998,000 2BR/1BA 1,240/7,300 John Shroyer, Today Sothebys

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
3350 La Mesa Drive #10 $640,000 $644,950 -$4,950 (-0.8%) 73

(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)
3318 Brittan Avenue  #3 98
15 Trillium Lane 18
25 Trillium Lane 27
1561 Cherry Street #5 7

(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
1 Geranium Lane $1,249,000 2BR/2.5BA 2,260 Greg Celotti, Alain Pinel Realtors
1 Elm Street #202 $655,000 2BR/2BA 1,180 Melanie Smith, Coldwell Banker
3374 Brittan Avenue #2 $629,000 2BR/2BA 1,040 Bob Bredel, Today Sothebys
633 Elm Street #301 $579,000 1BR/1BA 774 Justine Ford, Today Sothebys

(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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