San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 9-13-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 9-13-15.

by Chuck Gillooley

The Scoop.

One big difference that you’ll notice when you compare the Fall real estate market to the Spring market in San Carlos is that while the Fall market has its ebbs and flows from week to week. Some weeks are simply more active and intense than others, compared to the Spring market of this year, which was pretty much on full afterburner every single day up until June.

Last week we made note of the huge premium that the homes that closed escrow last week fetched compared to the original list price (21% over). This week’s closings, while still averaging more than 100% of the list price, were not nearly as strong as the prior week at only 7% above. In fact, 3 of the 7 homes that closed escrow last week sold below their original asking price. Is that just one of those weekly ebbs, or a sign of a change in the market? Most likely it’s the former and not the latter, but it’s certainly worth keeping an eye on in the coming weeks.

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 9-13-2015:

San Carlos Housing Data 9-13-15 Prior Week
Closed Sales for the Week: 7 5
Average Sold Price: $1,400,357 $1,834,000
Average $/Sq Foot (Sold) $825 $872
Average Sold as Percentage Of List Price: 107% 121%
Average DOM of Closed Sales 13 13
No. of Homes Pending Sale: 19 22
No. of New Listings: 6 6
Total # of Active Listings: 13 10
Average Price of Active Listings: $1,748,688 $1,742,895
Average DOM of Active Listings: 13 12
Average $/Sq Foot (List) $864 $809
Active-Pending Ratio: 0.68 : 1 0.45 : 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:

171 Rogers Avenue, San Carlos
171 Rogers Avenue, 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
171 Rogers Avenue $1,637,500 $1,650,000 -$12,500 (-0.8%) 15
509 De Anza Avenue $1,550,000 $1,449,000 +$101,000 (+7.0%) 13
152 Exeter Avenue $1,515,000 $1,668,000 -$153,000 (-9.2%) 25
104 Brook Street $1,450,000 $1,199,000 +$251,000 (+20.1%) 11
977 Alameda $1,350,000 $1,148,000 +$202,000 (+17.6%) 9
496 Wellington Drive $1,150,000 $998,000 +$152,000 (+15.2%) 6
57 Madera Avenue $1,150,000 $1,199,000 -$49,000 (-4.1%) 7

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
2845 Brittan Avenue 14 $1,549,000
1348 Cedar Street 18 $849,000
1004 Walnut Street 8 $1,150,000
120 Wingate Avenue 56 $2,699,000

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:

6 El Sereno Drive, San Carlos
6 El Sereno Drive, 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
6 El Sereno Drive $2,150,000 4BR/3BA 2,467/10,640 John Shroyer, Today Sothebys
269 Kelton Avenue $1,625,000 3BR/1.5BA 1,800/6,780 David Young, Coldwell Banker
1090 Drake Court $1,599,000 3BR/2BA 2,100/11,000 Kathryn Bedbury, Coldwell Banker
438 Hillcrest Road $1,595,000 3BR/2BA 1,773/5,500 Sue Walsh, Alain Pinel Realtors
1052 Sunset Drive $1,395,000 3BR/1.5BA 1,360/12,500 Nino Perrone, RE/MAX
1277 Greenwood Avenue $899,000 2BR/1BA 850/5,200 Liza Vernazza, Keller Williams

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
633 Elm Street #310 $1,266,000 $988,000 +$278,000 (+28.1%)
9
728 Elm Street #303 $675,000 $625,000 +$50,000 (+8.0%)
17

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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
6 Trillium Lane $1,250,000 2BR/2.5BA 1,709 Liz Daschbach, Alain Pinel 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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