San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 3-29-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 3-29-15.

by Chuck Gillooley

There were definitely some signs of hope for home buyers in San Carlos this past week.  Eight new listings made their debut, which was nearly triple the amount from the prior week.  And over half of them were below the $1.5M price threshold, which helps a bit with the affordability factor.   Of course, where these ultimately sell in anyone’s guess.

But we are now heading into the two key months of the Spring market, where buyers should see the largest number of new listings that they will see all year — April and May.  This week might prove to be a light start to April, since many agents want to avoid Easter weekend for their first open house.  But expect to see activity jump significantly next week as the Spring market hits full stride, and there’s an unbroken string of non-holiday weekend all the way up to Memorial Day Weekend.  These two months will clearly define what type of year we are going to have in the San Carlos real estate market.

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 3-29-2015:

San Carlos Housing Data 3-29-15 Prior Week
Closed Sales for the Week: 6 6
Average Sold Price: $1,892,500 $1,691,500
Average $/Sq Foot (Sold) $755 $868
Average Sold as Percentage Of List Price: 109% 123%
Average DOM of Closed Sales 9 9
No. of Homes Pending Sale: 16 16
No. of New Listings: 8 3
Total # of Active Listings: 13 8
Average Price of Active Listings: $1,412,308 $1,413,000
Average DOM of Active Listings: 15 17
Average $/Sq Foot (List) $797 $832
Active-Pending Ratio: 0.81 : 1 0.69: 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:

279 Kelton Avenue, San Carlos
279 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
279 Kelton Avenue $2,550,000 $2,080,000 +$470,000 (+22.6%) 6
100 Dundee Lane $2,130,000 $1,795,000 +$335,000 (+18.7%) 6
120 Madera Avenue $1,825,000 $1,825,000 $0 (0%) 0
969 Crestview Drive $1,800,000 $1,888,000 -$88,000 (-4.7%) 107
915 Buckland Avenue $1,550,000 $1,350,000 +$200,000 (+14.8%) 0

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.

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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
62 Hilltop Avenue 11 $1,108,000
2720 San Miguel Way 14 $1,488,000
1534 White Oak Way 8 $1,625,000

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.
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New Single-Family Home Listings in San Carlos:

250 Loma Road, San Carlos
250 Loma Road, 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
250 Loma Road $1,799,000 4BR/2.5BA 2,330/9,840 Essam Ibrahim
2403 Howard Avenue $1,795,000 3BR/2BA 1,880/7,500 Yvonne Gau, Coldwell Banker
135 Leslie Drive $1,699,000 5BR/3BA 2,660/16,748 Trish Ward, Keller Williams
105 Highland Avenue $1,492,000 3BR/2.5BA 1,900/6,600 Laura Bertolacci, Dwell Realtors
468 Wellington Drive $1,249,000 3BR/3BA 2,130/8,762 Bob Bredel, Dwell Realtors
100 Garnet Avenue $1,199,000 2BR/2BA 1,280/5,989 Rachel DiNapoli Hardyck, Alain Pinel Realtors
42 Hilltop Drive $1,195,000 3BR/2BA 2,220/6,400 John Shroyer, Today Sothebys
906 Montgomery Street $949,000 2BR/1BA 1,140/5,400 Kay Burns, 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
436 Portofino Drive #204 $1,260,000 $1,188,000 +$72,000 (+6.1%) 9
1701 San Carlos Avenue #2 $513,000 $525,000 -$12,000 (+2.3%) 13

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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)

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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
3382 Brittan Avenue #12 $749,000 3BR/2BA 1,239 Jim Minkey, Today Sothebys
1 Laurel Street #302 $649,000 2BR/2BA 1,030 Ellen Vera, Intero

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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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