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

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

by Chuck Gillooley

Last week was one of those weeks that makes San Carlos home buyers sit back and take a deep breath…or pour a strong drink.

Some of the home sales that closed last week were so far above the asking price, that it must feel like a punch in the gut for buyers trying to land a home in this market. Of the 12 homes that closed escrow, 6 of them fetched $200,000 or more over the asking price.  Two of them landed premiums of $300,000 or more.  That would be less discouraging if one could chalk this performance up to the fact that the homes might have been simply priced too far below their market value.  But with one notable exception below that was ridiculously under-priced, it’s hard to find fault where the other 11 were marketed. It’s simply a stark statement to the strength and resolve of the typical San Carlos home buyer in this market.

Until more inventory arrives, this is what the battlefield in San Carlos is going to look like.

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 3-1-2015:

San Carlos Housing Data 3-1-15 Prior Week
Closed Sales for the Week: 12 5
Average Sold Price: $1,643,167 $1,506,000
Average $/Sq Foot (Sold) $865 $891
Average Sold – Percentage Of List Price: 114% 110%
Average DOM of Closed Sales 10 11
No. of Homes Pending Sale: 17 24
No. of Active Listings: 10 10
Average Price of Active Listings: $1,456,895 $1,388,200
Average DOM of Active Listings: 10 10
Average $/Sq Foot (List) $787 $806
Active-Pending Ratio: 0.59 : 1 0.42: 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:

240 Lemoore Drive, San Carlos
240 Lemoore Drive, 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
240 Lemoore Drive $2,450,000 $2,228,000 +$162,000 (+7.3%) 8
2140 Elizabeth Street $2,000,000 $1,795,000 +$205,000 (+11.4%) 9
1017 Walnut Street $1,775,000 $1,549,000 +$226,000 (+14.6%) 2
149 Lynton Avenue $1,775,000 $1,687,000 +$88,000 (+5.2%) 10
1445 Greenwood Avenue $1,725,000 $1,449,000 +$276,000 (+19.0%) 8
287 Alberta Avenue $1,605,000 $1,379,000 +$226,000 (+16.4%) 13
17 Granite Court $1,550,000 $1,600,000 -$50,000 (-3.1%) 13
1911 Belle Avenue $1,500,000 $1,525,000 -$25,000 (-1.6%) 14
753 Tamarack Avenue $1,500,000 $1,158,000 +$342,000 (+29.5%) 8
205 Clifton Avenue $1,440,000 $1,049,000 +$391,000 (+37.3%) 7
6 Maple Way $1,283,000 $1,199,000 +$84,000 (+7.0%) 0
109 Arundel Road $1,115,000 $925,000 +$190,000 (+20.1%) 24

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 over the past month.)

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
278 Vine Street 2 $1,298,000
941 Lupin Way Lower 21 $1,350,000
953 Lupin Way Lower 14 $1,099,000
68 Madera Avenue 6 $1,299,000
7 Krista Lane 12 $1,488,000

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:

1021 Walnut Street, San Carlos
1021 Walnut 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
1021 Walnut Street $1,798,000 4BR/3BA 3,250/6,000 Joanne Jordan, Coldwell Banker
100 Dundee Lane $1,795,000 4BR/3BA 2,520/7,996 Bob Bredel, Dwell Realtors
4 Camborne Avenue $1,499,950 4BR/2.5BA 2,315/9,347 Donna Colangelo, Intero
1938 Brittan Avenue $1,299,000 3BR/1BA 1,210/5,000 Josefina Junsay, Realty One

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
$– $– $– (–%)

(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)
1001 Laurel Street #323 4
3314 Brittan Avenue #2 2
3331 La Mesa Drive #10 4
1701 San Carlos Avenue #2 13

(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
436 Portofino Drive #204 $1,188,000 3BR/2.5BA 2,113 Jessica Johnson, Intero
3375 Brittan Avenue #4 $769,950 3BR/2BA 1,239 Sean Clar, RE/MAX
3331 La Mesa Drive #10 $699,000 2BR/2BA 1,040 Mark Martinho, Vabrato

(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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