The San Carlos Real Estate Week in Review: 12-13-14.

December 15, 2014

Holiday-Calendar

As we enter the final weeks of the year, the pace of activity is starting to slow down.  This is to be expected, since December and January are perennially two of the slower months in the real estate year.   Last week, “2” seemed to be the magic number — two new listings, two pending sales, and two closed escrows.

I would expect more of the same this week as we start the final “full” week of 2014.   Most people who are considering selling their homes will likely wait until after the first of the year to avoid competing with the holiday season. This is a big reason why our inventory is where it's at  —  a combined total of 5 homes, townhomes, and condos available in the entire city!  I can't remember a time when inventory was that low.

But rest assured, that will change in the new year…

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 12-13-2014:

San Carlos Housing Data 12-13-14 Prior Week
Closed Sales for the Week: 2 5
Average Sold Price: $1,288,000 $1,255,100
Average $/Sq Foot (Sold) $1,009 $798
Average Sold – Percentage Of List Price: 120% 114%
Average DOM of Closed Sales 11 17
No. of Homes Pending Sale: 18 18
No. of Active Listings: 4 6
Average Price of Active Listings: $1,344,250 $1,467,798
Average DOM of Active Listings: 19 35
Average $/Sq Foot (List) $777 $722
Active-Pending Ratio: 0.21 : 1 0.33: 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

___________________________________________________________________

Single-Family Homes Sold in San Carlos:

2731 Victoria Manor, San Carlos

2731 Victoria Manor, 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
2731 Victoria Manor $1,452,000 $1,295,000 +$157,000 (+12.1%) 9
139 Plymouth Avenue $1,124,000 $875,000 +$249,000 (+28.5%) 13

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 of each home to see more details and photos:

Address DOM (days) List Price
25 Wildwood Avenue 8 $975,000
208 Exeter Avenue 9 $1,499,900

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

___________________________________________________________________

New Single-Family Home Listings in San Carlos:

954 Sunset Drive, San Carlos

954 Sunset Drive, 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
954 Sunset Drive $1,295,000 3BR/2BA 1,970/5,040 Carol Segelke, Segelke Realty
961 Hall Street $799,000 2BR/1BA 830/4,700 Ann Olea-Wikjstrom, Keller Williams

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

___________________________________________________________________

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
16 Violet Lane $1,040,000 $1,080,000 -$40,000 (-3.7%) 15
775 Chestnut Street #18 $790,000 $790,000 $0 (0%) 21
222 Laurel Street #309 $435,000 $449,000 -$14,000 (-3.1%) 24

(Click the “Condos Sold” button below to see all of the condos and townhomes that have recently sold in San Carlos)

Condos 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.

Address DOM (days)

(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

___________________________________________________________________

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)

Condos 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.)

Posted in:

1 Comment

  1. Canada Real Estate Guy on December 16, 2014 at 6:23 am

    Hi Chuck, greetings from Way up north..been reading your blog, and just wanted to say how impressive it is – what a great amount of detail you provide! Looks like your market is really hot, too. Wishing you happy holidays, and a prosperous 2015. Cheers!



Leave a Comment