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