The “slight bump” in listings that I predicted (or wishfully hoped for) in last week’s post somewhat materialized over the past week. There were five new listings to test the summer market, which is still a significant number considering that it’s mid-July and the market is usually quiet this time of year.
The recent sales posted below at 30 Upland Avenue and 1616 Chestnut Street show that there is still significant strength in the 3-bedroom market, with both of these homes surprisingly topping the $1.6M mark. It will be interesting to see if that momentum continues with any new 3-bedroom listings that hit the market in them 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 7-day period ending Sunday 7-12-2015:
|San Carlos Housing Data||7-12-15||Prior Week|
|Closed Sales for the Week:||4||3|
|Average Sold Price:||$1,775,950||$1,465,000|
|Average $/Sq Foot (Sold)||$801||$860|
|Average Sold as Percentage Of List Price:||112%||105%|
|Average DOM of Closed Sales||28||13|
|No. of Homes Pending Sale:||24||25|
|No. of New Listings:||5||4|
|Total # of Active Listings:||10||9|
|Average Price of Active Listings:||$1,693,100||$1,714,889|
|Average DOM of Active Listings:||9||19|
|Average $/Sq Foot (List)||$807||$726|
|Active-Pending Ratio:||0.42 : 1||0.36 : 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|
|1050 Drake Court||$2,100,000||$1,990,000||+$110,000 (+5.5%)||17|
|252 Gaslight Lane||$1,688,000||$1,788,000||-$100,000 (-5.6%)||68|
|30 Upland Avenue||$1,675,000||$1,298,000||+$377,000 (+29.0%)||14|
|1616 Chestnut Street||$1,640,800||$1,399,000||+$241,800 (+17.3%)||12|
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|
|1985 Saint Francis Way||24||$1,848,000|
|127 Chesham Avenue||14||$888,000|
|2220 San Carlos Avenue||12||$899,000|
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|
|138 Kings Court||$3,788,000||5BR/4.5BA||5,025/22,461||Bobbi Decker, Today Sothebys|
|2668 Thornhill Drive||$2,288,000||4BR/3.5BA||2,553/5,650||Mark Palermo, Keller Williams|
|1350 Chestnut Street||$1,488,000||3BR/2BA||1,390/4,560||Haifa Khoury, Today Sothebys|
|100 Edgehill Drive||$1,400,000||3BR/2.5BA||2,150/6,500||Mona Naber, Century 21|
|1160 Walnut Street||$1,099,000||2BR/2BA||1,100/4,800||Sandy Rostad, 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.)
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|
|20 Buttercup Lane||$1,285,000||$1,149,000||+$136,000 (11.8%)||8|
|1001 Laurel Street #422||$988,000||$888,888||+$99,112 (11.2%)||38|
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.
|645 Prospect Street #301||22|
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|
|618 Walnut Street #406||$950,000||2BR/2BA||1,258||Dee Edmonds, Coldwell Banker|
(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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