San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 1-3-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 1-3-15.

by Chuck Gillooley

Welcome to 2015 on the White Oaks Blog! There was not much activity to report from the prior week, which was to be expected since it was the final holiday week of 2014.   But last week marked the close of what was the most dynamic real estate years in San Carlos in recent memory.  We will take a look back at 2014 later this week in the blog, but suffice it to say that numerous real estate records were set last year in San Carlos and throughout the Peninsula.  What’s even more incredible is that many of these same records will likely be topped in 2015 if the market continues on its upward trajectory.

So here’s to a prosperous New Year to all, and welcome back to another year on the White Oaks Blog.  Thank you again for being loyal readers of the site.

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 1-3-2015:

San Carlos Housing Data 1-3-15 Prior Week
Closed Sales for the Week: 3 5
Average Sold Price: $1,122,960 $1,611,420
Average $/Sq Foot (Sold) $804 $1,079
Average Sold – Percentage Of List Price: 100% 112%
Average DOM of Closed Sales 24 15
No. of Homes Pending Sale: 16 17
No. of Active Listings: 3 4
Average Price of Active Listings: $1,189,667 $1,377,500
Average DOM of Active Listings: 32 24
Average $/Sq Foot (List) $804 $752
Active-Pending Ratio: 0.19 : 1 0.24: 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:

2810 San Carlos Avenue, San Carlos
2810 San Carlos 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
2810 San Carlos Avenue $1,320,000 $1,374,888 -$54,888 (-4.0%) 31
203 Club Drive $1,228,880 $1,224,950 +$3,930 (+0.3%) 19
1031 Sylvan Drive $820,000 $799,950 +$20,050 (+2.5%) 25

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
954 Sunset Drive 16 $1,395,000
1153 Walnut Street 9 $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:

1005 Cherry Street, San Carlos
1005 Cherry Street, 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
1005 Cherry  Street $1,395,000 2BR/1BA 870/5,000 Tim Earley, 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.)

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 of each home to see more details and photos.

Address Sold Price Orig. List Difference DOM
416 Portofino Drive #102 $750,000 $799,000 -$49,000 (-6.1%) 102

(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. Click on the address of each home to see more details and photos.

Address DOM (days)
1700 San Carlos Avenue #202 27

(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 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.)
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Comments 2
  • Chuck,
    I feel fortunate, whatever happens to the real estate market this year, to have cashed out in 2014.

    After 11 years in San Carlos, we averaged almost $100k/year appreciation. While I think most people would not expect to best that return, there are people out there who think this activity will be indefinite.

    There will be a slow down and I predict 2015 will be the year prices will level off, and even possibly drop. The supply remains tight, but a point will come when buyers will refuse to pay even higher prices. Lets see what happens if/when interest rates begin to rise…

    While I am now in southern California, I still plan to follow the blog, you’re doing a great job informing the public.

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    • Thanks Michael! Congratulations on your successful sale last year, and best of luck in SoCal. It will indeed be an interesting year for the Peninsula real estate market!

      Chuck

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