As I predicted last week, the new listings started to come out of the woodwork after the Easter weekend. San Carlos saw 9 single-family homes make their listing debut this past week, with most of them hitting the market late in the week. I expect that this trend will continue in the coming weeks as we head into the sweet spot of the Spring real estate market.
This week also saw the unveiling of the first nearly $5M listing that I have ever seen in San Carlos at 168 Queens Court. It will be interesting to watch where this one sells, because it will certainly test just how rich the San Carlos real estate market really is.
Sales figures on closed homes were once again off the charts, with two homes fetching premiums of over $400,000 above the asking price. There seems to be nothing that will dampen the enthusiasm for homes in San Carlos right now.
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 4-12-2015:
|San Carlos Housing Data||4-12-15||Prior Week|
|Closed Sales for the Week:||5||4|
|Average Sold Price:||$1,666,000||$1,581,000|
|Average $/Sq Foot (Sold)||$749||$790|
|Average Sold as Percentage Of List Price:||116%||113%|
|Average DOM of Closed Sales||85||9|
|No. of Homes Pending Sale:||15||14|
|No. of New Listings:||9||4|
|Total # of Active Listings:||16||13|
|Average Price of Active Listings:||$1,671,804||$1,489,385|
|Average DOM of Active Listings:||13||13|
|Average $/Sq Foot (List)||$788||$772|
|Active-Pending Ratio:||1.1 : 1||0.93: 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|
|134 Hillcrest Avenue||$2,200,000||$1,950,000||+$250,000 (+12.8%)||13|
|2433 Melendy Drive||$2,175,000||$1,659,950||+$515,050 (+31.0%)||7|
|135 Manor Drive||$1,610,000||$1,175,000||+$435,000 (+37.0%)||13|
|2831 Roland Avenue||$1,310,000||$1,299,000||+$11,000 (+0.8%)||8|
|2785 Eaton Avenue||$1,035,000||$1,035,000||$0 (0%)||383|
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.
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|
|100 Garnet Avenue||8||$1,199,000|
|42 Hilltop Drive||13||$1,195,000|
|135 Leslie Drive||12||$1,699,000|
|250 Loma Road||14||$1,799,000|
|105 Highland Avenue||15||$1,492,000|
|125 Chestnut Street||4||$999,950|
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. _______________________________________________________________________________________
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|
|168 Queens Court||$4,980,000||5BR/5.5BA||6,510/31,747||Jim Arbeed, Coldwell Banker|
|230 Exeter Avenue||$1,969,000||3BR/3BA||3,211/7,400||Joyce and Tatum, Dwel Realtors|
|252 Gaslight Lane||$1,795,000||4BR/3.5BA||2,870/9,076||Debbie Lamica, Fog Horn Realty|
|3190 La Mesa Drive||$1,499,000||3BR/2BA||1,760/6,500||Lynn North, Alain Pinel Realtors|
|147 Wildwood Avenue||$1,350,000||3BR/1BA||1,300/5,500||Camille Eder, Coldwell Banker|
|136 Colton Avenue||$1,195,000||3BR/1.5BA||1,360/5,500||Steve Hicks, Gateway Properties|
|1100 Royal Lane||$1,100,000||3BR/1BA||1,300/5,500||Janet Davis, Hometown Realty|
|125 Chestnut Street||$999,950||3BR/1BA||1,430/6,325||Dave Blewett, Intero|
|1860 San Carlos Avenue||$985,860||3BR/1BA||1,230/6,900||Jane Scully, Alain Pinel Realtors|
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|
|1456 San Carlos Avenue #201||$740,000||$674,950||+$65,050 (+9.6%)||13|
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.
|3382 Brittan Avenue #12||10|
|728 Elm Street #102||9|
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|
|633 Elm Street #112||$898,000||2BR/2BA||1,258||Judy Litteer, Better Homes|
_______________________________________________ (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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