Listing activity picked up somewhat last week in San Carlos, certainly when compared to the prior week. Six new homes jumped into the fray, and only two went into contract. This succeeded in bringing the inventory back out of the single-digit range, but only back up to 12 total units for sale in the entire city. Even as we head into September, this is a paltry inventory level for what normally is a robust Fall market.
Condo and townhouse buyers enjoyed a (relatively) healthy uptick in new listings, with four new units debuting on the market — this succeeded in bringing the inventory total up to 5 total units. That’s certainly not a huge number, but it’s over double where we started last week at this time.
With the month of September starting tomorrow, there are about 2 months left in the calendar year of decent real estate activity – maybe an additional two weeks if November turns out to be a dry one again like it has in previous years. Here’s to hoping that buyers get quite a few more listings to choose from before the end of this year.
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 8-30-2015:
|San Carlos Housing Data||8-30-15||Prior Week|
|Closed Sales for the Week:||2||8|
|Average Sold Price:||$1,770,000||$1,536,876|
|Average $/Sq Foot (Sold)||$909||$967|
|Average Sold as Percentage Of List Price:||110%||112%|
|Average DOM of Closed Sales||12||16|
|No. of Homes Pending Sale:||22||22|
|No. of New Listings:||6||3|
|Total # of Active Listings:||11||7|
|Average Price of Active Listings:||$1,772,700||$2,256,754|
|Average DOM of Active Listings:||10||23|
|Average $/Sq Foot (List)||$791||$841|
|Active-Pending Ratio:||0.50 : 1||0.32 : 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|
|1042 Buckland Avenue||$2,040,000||$1,695,000||+$345,000 (+20.4%)||7|
|1561 Greenwood Avenue||$1,500,000||$1,499,500||+$500 (+0%)||17|
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|
|2600 Howard Avenue||9||$1,898,000|
|138 Kings Court||53||$3,488,000|
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|
|932 Heather Drive||$2,498,000||4BR/3BA||2,430/7,321||Jennifer Kline, Kline Mann Realty|
|145 Lynton Avenue||$1,788,000||4BR/3.5BA||3,260/15,500||Carroll La Vrar, Coldwell Banker|
|2245 Saint Francis Way||$1,695,000||3BR/2BA||1,790/5,995||Michelle Jaeger, SC Properties|
|2845 Brittan Avenue||$1,549,000||4BR/2.5BA||2,620/9,120||Lindsey Ehrlicher, Vanguard Properties|
|1118 Royal Lane||$1,298,000||3BR/2.5BA||2,880/2,915||Laura Bertolacci, Dwell Realtors|
|1940 Belmont Avenue||$1,075,000||2BR/1BA||1,270/5,170||Carrie Du Bois, Coldwell Banker|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent. This data is pulled from the Multiple listing service, and the author is in no way responsible for the accuracy of the data provided herein.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that closed escrow this past week. Click on the address of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM|
|—||$–||$–|| +$– (+–%)
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.
|3312 Brittan Avenue #4||12|
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|
|15 Violet Lane||$1,249,000||3BR/2.5BA||2,200||George Lim, Sequoia Real Estate|
|633 Elm Street #310||$988,000||2BR/2BA||1,258||Justine Ford|
|939 Laurel Street #207||$799,000||2BR/2BA||1,331||Stacy Clark, Keller Williams|
|3310 Brittan Avenue #17||$749,000||2BR/2BA||1,040||Tara Jaramillo, 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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