The fall market is starting to wind down, as it normally does right about this time of the year. Only one new listing hit the market last week in San Carlos, and the inventory of available homes has dropped back down to 13. Worse yet for home buyers, when you take a closer look at that list of 13, easily half of those could be in contract before the Thanksgiving holiday, which will drive that inventory well back back into the single digits. It will likely remain at that level through the remainder of year, short of some unexpected surge of new listings, which is definitely atypical in December. After the Thanksgiving week, there are really only 3 weeks remaining weeks in the year that are not interrupted by a holiday, so the number of home shopping days is definitely limited.
Happy Thanksgiving to all the loyal readers of the White Oaks Blog! I hope you have an enjoyable and memorable holiday with friends and family.
Here are the details from last week:
By the Numbers.
Below is a high-level view of the market performance for single-family residences in San Carlos. This data is for the week ending 11-22-2014:
|San Carlos Housing Data||11-22-14||Prior Week|
|Closed Sales for the Week:||8||6|
|Average Sold Price:||$1,139,750||$1,590,833|
|Average $/Sq Foot (Sold)||$907||$762|
|Average Sold – Percentage Of List Price:||104%||108%|
|Average DOM of Closed Sales||20||22|
|No. of Homes Pending Sale:||16||19|
|No. of Active Listings:||18||18|
|Average Price of Active Listings:||$1,244,799||$1,391,035|
|Average DOM of Active Listings:||36||32|
|Average $/Sq Foot (List)||$707||$770|
|Active-Pending Ratio:||1.1 : 1||0.94: 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|
|166 Loma Road||$1,528,000||$1,395,000||+$133,000 (+9.5%)||10|
|1175 Walnut Street||$1,450,000||$1,298,000||+$152,000 (+11.7%)||0|
|502 Cedar Street||$1,381,000||$1,398,000||-$17,000 (-1.2%)||35|
|1750 Chestnut Street||$1,195,000||$1,049,000||+$146,000 (+13.9%)||10|
|1052 Laurel Street||$950,000||$950,000||$0 (0%)||15|
|1040 Laurel Street||$950,000||$950,000||$0 (0%)||15|
|1371 Orange Avenue||$899,000||$899,000||$0 (0%)||14|
|1027 Holly Street||$765,000||$765,000||$0 (0%)||57|
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 of each home to see more details and photos:
|Address||DOM (days)||List Price|
|905 Bauer Drive||72||$1,499,888|
|3394 Melendy Drive||40||$1,479,000|
|2731 Victoria Manor||9||$1,295,000|
|436 Laurel Street||31||$2,388,000|
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 see more details and photos.
|Address||List Price||BR/BA||Sq Ft (home/lot)||Listed By|
|139 Plymouth Avenue||$875,000||2BR/1BA||1,040/4,896||Jim-Jessica Kent, RE/MAX Gold|
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 of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM|
|1 Geranium Lane||$1,210,000||$1,249,000||-$39,000 (-3.1%)||24|
(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. Click on the address of each home to see more details and photos.
|775 Chestnut Street #18||21|
(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 of each home to see more details and photos.
|Address||List Price||BR/BA||Sq Feet||Listed By|
(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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