San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 4-19-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 4-19-15.

by Chuck Gillooley

The final week of Spring break is underway, with the Sequoia Union High School District taking this week off.  That should be the last major distraction to the market as we head through the Spring buying season. This year it seemed like there were at least 3 different weeks when the the local schools, private schools, and colleges took their Spring break.  It’s pretty hard to plan a vacation when everyone is on different schedules.

Regardless, that did not seem to temper the enthusiasm in the San Carlos real estate market. The five new listings that hit the market were outnumbered by the seven homes that were put into contract, thus dropping our inventory of homes for sale back down to 15, which is simply a ridiculously low number for this time of year. I am still counting on a significant bump in the number of new listings in the coming weeks, as sellers race to get their homes on the market before the summer break.  I will have two more San Carlos listings hitting the market during that period — stay tuned to the site in the coming weeks for more details.

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 4-19-2015:

San Carlos Housing Data 4-19-15 Prior Week
Closed Sales for the Week: 3 5
Average Sold Price: $1,392,667 $1,666,000
Average $/Sq Foot (Sold) $863 $749
Average Sold as Percentage Of List Price: 116% 116%
Average DOM of Closed Sales 10 85
No. of Homes Pending Sale: 19 15
No. of New Listings: 5 9
Total # of Active Listings: 15 16
Average Price of Active Listings: $1,708,467 $1,671,804
Average DOM of Active Listings: 17 13
Average $/Sq Foot (List) $808 $788
Active-Pending Ratio: 0.79 : 1 1.1: 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:

2720 San Miguel Way, San Carlos
2720 San Miguel Way, 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
2720 San Miguel Way $1,515,000 $1,588,000 -$73,000 (-4.6%) 13
62 Hilltop Drive $1,363,000 $1,108,000 +$255,000 (+23.0%) 11
125 Chestnut Street $1,300,000 $999,950 +$300,050 (+30.0%) 4

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
136 Colton Avenue 9 $1,195,000
144 Edgehill Drive 23 $1,695,000
1860 San Carlos Avenue 10 $985,860
75 Porto Marino Way 16 $1,980,000
2130 Greenwood Avenue 11 $1,625,000
1100 Royal Lane 8 $1,195,000
18 Arch Lane 13 $1,398,000

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. _______________________________________________________________________________________

New Single-Family Home Listings in San Carlos:

202 Timothy Drive, San Carlos
202 Timothy 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
2532 San Carlos Avenue $1,980,000 5BR/4.5BA 2,755/8,000 Kei Jiang, Maxreal Property
202 Timothy Drive $1,798,000 4BR/2.5BA 2,543/7,644 Chuck Gillooley, Dwell Realtors
1527 Magnolia Avenue $1,388,000 4BR/2.5BA 1,670/5,700 Marylene Notarianni, Keller Williams
1321 Cordilleras Avenue $1,098,000 2BR/1BA 1,090/5,200 Wendi Selig-Aimonetti, Coldwell Banker
1703 Belmont Avenue $1,050,000 2BR/1BA 1,130/5,750 Grant Keeler, Today Sothebys

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
775 Chestnut Street #23 $812,000 $775,000 +$37,000 (+4.8%) 9
3331 La Mesa Drive #10 $775,000 $699,000 +$76,000 (+10.9%) 4

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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)
633 Elm Street #220 13
728 Elm Street #102 9
633 Elm Street #112 6

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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
3310 Brittan Avenue #18 $859,000 3BR/2BA 1,239 Sean Clar, RE/MAX

_______________________________________________ (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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