San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 7-26-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 7-26-15.

by Chuck Gillooley

The Scoop.

It was a surprisingly robust week for new listings in San Carlos, considering that we’re smack in the middle of the summer and late-July is not traditionally a strong market for listing homes. Nonetheless, there were seven new single-family listings that entered the market last week, which helped to drive the inventory up to a total of 14 homes for sale. That’s still not a huge number, but it’s a good pop above where we closed the previous week.

Sale prices for homes that closed last week were remarkably strong, too, with the sales prices fetching a whopping 19% above the list price on average.  That’s significantly higher than what we typically see on a weekly basis, and this week it can be attributed both to some surprisingly strong sales prices, combined with a few homes that were simply under-priced to begin with, which skewed that number slightly upward.

But regardless, the market still remains active and strong for single-family residences in San Carlos.  The same can’t be said for condos and townhomes, though.  As of this morning, there is only one condo for sale in the entire city

Here’s the scoop from last week:

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 7-26-2015:

San Carlos Housing Data 7-26-15 Prior Week
Closed Sales for the Week: 6 8
Average Sold Price: $1,471,000 $1,837,725
Average $/Sq Foot (Sold) $795 $852
Average Sold as Percentage Of List Price: 119% 110%
Average DOM of Closed Sales 10 23
No. of Homes Pending Sale: 16 19
No. of New Listings: 7 4
Total # of Active Listings: 14 10
Average Price of Active Listings: $1,785,243 $1,829,395
Average DOM of Active Listings: 12 11
Average $/Sq Foot (List) $785 $823
Active-Pending Ratio: 0.89 : 1 0.53 : 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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San Carlos Single-Family Homes Sold:

235 Lemoore Drive, San Carlos
235 Lemoore Drive, 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
235 Lemoore Drive $1,800,000 $1,588,888 +$211,112 (+13.3%) 7
108 Rockridge Road $1,700,000 $1,445,000 +$255,000 (+17.6%) 12
174 Ruby Avenue $1,551,000 $1,198,000 +$353,000 (+29.5%) 7
259 Winding Way $1,525,000 $1,325,000 +$200,000 (+15.1%) 11
2220 San Carlos Avenue $1,225,000 $899,000 +$326,000 (+36.3%) 12
1026 Alameda de las Pulgas $1,025,000 $975,000 +$50,000 (+5.1%) 13

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 Single-Family Homes Pending Sale:

The following single-family homes went into contract in San Carlos this past week. Click on the address of each home to see more details and photos:

Address DOM (days) List Price
100 Edgehill Drive 10 $1,449,000
1160 Walnut Street 11 $1,099,000
517 Cedar Street 8 $1,199,000

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:

152 Exeter Avenue, San Carlos
152 Exeter Avenue, 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
1042 Buckland Avenue $1,695,000 4BR/2.5BA 2,260/7,675 David Young, Coldwell Banker
152 Exeter Avenue $1,668,000 3BR/2.5BA 2,860/10,300 Travis Conte, Berkshire Hathway
440 Chestnut Street $1,595,000 2BR/3BA 2,460/10,990 Patricia Giosso, Coldwell Banker
1561 Greenwood Avenue $1,499,500 3BR/2BA 1,640/5,080 Neil Mckinnell, Sequoia Realty
229 Oakview Drive $1,495,000 3BR/2BA 1,630/8,100 Val Vandervort, Keller Williams
2805 Brittan Avenue $1,298,950 4BR/2BA 2,170/10,400 Sandi Paoli, Today Sothebys
1976 White Oak Way $1,195,000 2BR/1BA 1,230/5,600 John Shroyer, 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
3355 Brittan Avenue #3 $930,000 $745,000 +$185,000 (+24.8%)
7
728 Elm Street #308 $692,000 $574,900 +$117,100 (+20.4%)
11
1700 San Carlos Avenue #203 $620,000 $549,888 +$70,112 (+12.8%)
10

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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)

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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
$–

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(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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