San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 9-20-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 9-20-15.

by Chuck Gillooley

The Scoop.

What a difference a single week makes. At this very same time just last week we only had 13 single-family homes for sale in all of San Carlos. This week, we officially say goodbye to Summer and welcome Fall in with a relative avalanche of inventory. It has been many weeks since our inventory popped above the 20, so this is significant. It certainly gives home buyers some additional options to see, and a renewed hope that they will be able to actually secure a home with a tad less competition than what we saw in the Spring market.

It took a flurry of listing activity last week to get the inventory back up over 20. Nine homes debuted on the market over the past 7 days, making it a rather busy open house weekend for many buyers. But aside from the crazy summer heat, I’m sure buyers didn’t mind being busy — especially after so many weekends of slim pickings.  And I believe this little rally has some legs, as there will be additional listings hitting the market over the next two weeks.

Although many buyers that are still active out there are probably weary after an entire year of battling to get their home, this next 45-60 day period will be rewarding for those that can remain on task.

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 9-20-2015:

San Carlos Housing Data 9-20-15 Prior Week
Closed Sales for the Week: 3 7
Average Sold Price: $3,226,667 $1,400,357
Average $/Sq Foot (Sold) $727 $825
Average Sold as Percentage Of List Price: 107% 107%
Average DOM of Closed Sales 13 13
No. of Homes Pending Sale: 18 19
No. of New Listings: 9 6
Total # of Active Listings: 21 13
Average Price of Active Listings: $1,634,226 $1,748,688
Average DOM of Active Listings: 13 13
Average $/Sq Foot (List) $825 $864
Active-Pending Ratio: 1.2 : 1 0.68 : 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:

168 Queens Court, San Carlos
168 Queens Court, 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
168 Queens Court $5,380,000 $4,980,000 +$400,000 (8.0%) 0
1322 Pebble Drive $2,500,000 $2,198,000 +$302,000 (+13.7%) 4
204 Exeter Avenue $1,800,000 $1,788,000 +$12,000 (+0.7%) 8

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
1277 Greenwood Avenue 9 $899,000

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:

170 Hillcrest Road, San Carlos
170 Hillcrest Road, 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
1211 Hull Drive $1,580,000 4BR/2BA 2,495/5,800 Adam Levin, Marcus & Millichap
170 Hillcrest Road $1,575,000 3BR/2BA 1,704/7,381 A. von der Groeben, Coldwell Banker
1505 Cedar Street $1,499,000 3BR/2BA 1,720/4,640 Robert Applegate, Coldwell Banker
3404 Brittan Avenue $1,499,950 4BR/2.5BA 2,060/7,800 Dave Blewett, Intero
1056 San Remo Way $1,495,000 3BR/3BA 1,970/10,858 Nick Corcoleotes, Coldwell Banker
3451 La Mesa Drive $1,488,841 3BR/2BA 1,940/10,500 Donna Marie Baldwin, Coldwell Banker
83 Bayport Court $1,299,000 4BR/3BA 1,800/5,400 Franklin Lee, CIG Realty
1375 Chestnut Street $1,199,000 3BR/1.5BA 1,300/4,040 Haifa and Ruba, Today Sothebys
2148 San Carlos Avenue $849,000 2BR/1BA 1,020/5,000 Drew Doran, 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.)

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
15 Violet Lane $1,420,000 $1,249,000 +$171,000 (+13.7%)
6
16 Buttercup Lane $1,210,000 $1,195,000 +$15,000 (+1.3%)
15
661 Prospect Street $975,000 $899,000 +$76,000 (+8.5%)
15

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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
5 Lilly Lane $1,295,000 3BR/2.5BA 2,031 Eddie Azzopardi, Realty World
7 Pyrola Lane $1,189,000 2BR/2.5BA 1,793 Norine Higgins, Today Sothebys
438 Portofino Drive #106 $1,067,000 2BR/2BA 1,636 Cynthia Haines, Creekside Realty
3388 Brittan Avenue #6 $749,000 2BR/2BA 1,040 Sean Clar, RE/MAX
939 Laurel Street #215 $688,000 2BR/2BA 926 Val Vandervort, Keller Williams

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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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