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:
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 Single-Family Homes Sold:
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.
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:
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.)
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%)
|3319 La Mesa Drive #7||$825,000||$719,000|| +$106,000 (+14.7%)
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.
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|
(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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