San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 7-5-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 7-5-15.

by Chuck Gillooley

I hope everyone had a safe and happy 4th of July weekend. It’s Monday, and time to get back to reality!

If there will ever be a part of this year where the momentum may swing slightly back in favor of home buyers, this next 5-6 weeks is probably going to be it. This is the time of year where buyers enjoy the unique combination of having the least amount of competition while there is still decent inventory to choose from. There have already been reports in the past week of homes in San Carlos and Belmont that have only gotten one offer – or none at all – once offer dates have been set. This is a sign that there are either fewer buyers in the market, or that the buyers that are out there have suddenly gotten a lot more picky. Whatever the reason is, this simply wasn’t happening just a few months ago.

Home owners who decide to sell during the summer months will wisely choose to avoid the 4th of July weekend, so you can expect to see a bump in new listings over the next couple of weeks since we have now passed that date. Home buyers that stay on task may be rewarded in the coming weeks.

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 7-5-2015:

San Carlos Housing Data 7-5-15 Prior Week
Closed Sales for the Week: 3 2
Average Sold Price: $1,465,000 $1,605,000
Average $/Sq Foot (Sold) $860 $763
Average Sold as Percentage Of List Price: 105% 113%
Average DOM of Closed Sales 13 55
No. of Homes Pending Sale: 25 22
No. of New Listings: 4 4
Total # of Active Listings: 9 11
Average Price of Active Listings: $1,714,889 $1,910,535
Average DOM of Active Listings: 19 19
Average $/Sq Foot (List) $726 $737
Active-Pending Ratio: 0.36 : 1 0.50 : 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:

2904 Brittan Avenue, San Carlos
2904 Brittan 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
1750 Chestnut Street $1,908,000 $1,695,000 +$213,000 (+12.6%) 9
2904 Brittan Avenue $1,600,000 $1,548,000 +$52,000 (+3.3%) 15
910 Hall Street $877,000 $899,000 -$22,000 (-2.4%) 15

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
205 Glasgow Lane 8 $2,395,000
259 Winding Way 11 $1,325,000
868 Hemlock Street 47 $2,080,000
932 Lupin Way Upper 15 $1,149,000
235 Lemoore Drive 7 $1,588,888
149 Madera Avenue 30 $1,988,000

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:

3329 Melendy Drive, San Carlos
3329 Melendy 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
3329 Melendy Drive $2,395,000 4BR/2.5BA 2,820/6,720 Susan Wang, Coldwell Banker
540 Pearl Avenue $1,395,000 3BR/2BA N/A/5,500 Edward Stephens, Coldwell Banker
31 Vine Street $1,200,000 3BR/1BA 1,620/5,394 Sally Thompson, Intero
363 Laurel Street $1,050,000 3BR/1BA 1,310/6,960 Robert Stuart

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
3352 La Mesa Drive #17 $795,000 $795,000 $0 (0%) 0

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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)
3 Bellflower Lane 9

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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
$– –BR/–BA

___________________________________________ (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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