San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 8-23-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 8-23-15.

by Chuck Gillooley

The Scoop.

Buyers were certainly out in force last week in San Carlos as they snapped up eight of the single-family homes that were on the market. The problem is that the sellers were clearly not on the same page, with only 3 new listings to hit the market during the same stretch. The net result is that the inventory of single-family homes for sale in San Carlos as we head into the new week sits at 7.

What’s even more discouraging for buyers hoping to find something in San Carlos is that of those seven homes, four of them are in the upper price range for San Carlos — $2.3M and above, and those 4 have been on the market for an average of 38 days. Of the remaining three, only one is in that sweet spot between $1.5M and $2M.  That’s not much to choose from as we start the new week.

Condo and townhouse buyers aren’t faring much better, either. Starting the week, there are only 2 units for sale in all of San Carlos.

Here’s the recap 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 8-23-2015:

San Carlos Housing Data 8-23-15 Prior Week
Closed Sales for the Week: 8 3
Average Sold Price: $1,536,876 $1,178,333
Average $/Sq Foot (Sold) $967 $823
Average Sold as Percentage Of List Price: 112% 109%
Average DOM of Closed Sales 16 12
No. of Homes Pending Sale: 22 22
No. of New Listings: 3 3
Total # of Active Listings: 7 12
Average Price of Active Listings: $2,256,754 $2,131,583
Average DOM of Active Listings: 23 17
Average $/Sq Foot (List) $841 $767
Active-Pending Ratio: 0.32 : 1 0.55 : 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:

100 Edgehill Drive, San Carlos
100 Edgehill 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
100 Edgehill Drive $1,650,000 $1,449,000 +$201,000 (+13.9%) 10
2805 Brittan Avenue $1,610,011 $1,298,950 +$311,060 (+23.9%) 9
1350 Chestnut Street $1,605,000 $1,488,000 +$117,000 (+7.9%) 10
2012 Saint Francis Way $1,600,000 $1,675,000 -$75,000 (-4.5%) 48
1016 Porto Marino Drive $1,515,000 $1,448,000 +$67,000 (+4.6%) 11
540 Pearl Avenue $1,505,000 $1,395,000 +$110,000 (+7.9%) 14
1976 White Oak Way $1,500,000 $1,195,000 +$305,000 (+25.5%) 12
1160 Walnut Street $1,310,000 $1,099,000 +$211,000 (+19.2%) 11

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. The source of this data is the Multiple Listing Service (MLS). Author is in now way responsible for the accuracy of the data from this source.

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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
313 Oakview Drive 10 $2,595,000
1322 Pebble Drive 4 $2,198,000
152 Exeter Avenue 25 $1,668,000
171 Rogers Avenue 15 $1,650,000
509 De Anza Avenue 13 $1,449,000
10 Winding Way 9 $1,650,000
496 Wellington Drive 9 $998,000
2840 Brittan Avenue 14 $1,399,000

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:

2600 Howard Avenue, San Carlos
2600 Howard 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
2600 Howard Avenue $1,898,000 4BR/3BA 2,606/5,650 Bob Bredel/Tatum Clarke, Dwell Realtors
2032 Birch Avenue $1,078,000 2BR/1BA 1,340/5,000 Mary Molinari, Coldwell Banker
1348 Cedar Street $849,000 2BR/1BA 960/10,500 Mila Gelman, Vanguard Properties

Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent. This data is pulled from the Multiple listing service, and the author is in no way responsible for the accuracy of the data provided herein.

(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
618 Walnut Street #406 $1,230,000 $950,000 +$280,000 (+29.5%)
11
3319 La Mesa Drive #7 $825,000 $719,000 +$106,000 (+14.7%)
14

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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
3 Torino Lane $900,000 2BR/2.5BA 1,530 Teri Shaughnessy, Dwell Realtors

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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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