The San Carlos Real Estate Week in Review: 10-18-15.

October 19, 2015

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The Scoop.

Buyers were certainly busier than sellers last week in the San Carlos real estate market. Seven single-family homes were purchased last week, while only four new listings hit the market. That effectively dropped the inventory of homes for sale back down to 14 as we start the new week.

You've probably noticed that it's getting darker quite a bit earlier each night. This makes it increasingly difficult to view properties after work hours during the week. This will be especially noticeable when Daylight Savings ends at the end of this month. That means seeing the home during daylight hours will be more of a challenge for many working couples. It also becomes a legitimate reason for sellers to leave their home on the market for slightly longer to allow those necessary extra showings.

It's just one of many things that makes the Fall real estate market just a bit different from other times in the year.

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 10-18-2015:

San Carlos Housing Data 10-18-15 Prior Week
Closed Sales for the Week: 2 6
Average Sold Price: $2,240,00 $1,847,833
Average $/Sq Foot (Sold) $646 $1,089
Average Sold as Percentage Of List Price: 107% 121%
Average DOM of Closed Sales 12 13
No. of Homes Pending Sale: 24 19
No. of New Listings: 4 7
Total # of Active Listings: 14 16
Average Price of Active Listings: $1,815,982 $1,870,417
Average DOM of Active Listings: 24 16
Average $/Sq Foot (List) $834 $781
Active-Pending Ratio: 0.58 : 1 0.71 : 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:

313 Oakview Drive, San Carlos

313 Oakview 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
313 Oakview Drive $2,900,000 $2,595,000 +$305,000 (+11.8%) 10
2845 Brittan Avenue $1,580,000 $1,549,000 +$31,000 (+2.0%) 14

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
1149 Greenbrier Road 39 $2,695,000
1800 Howard Avenue 17 $1,699,000
12 Cranfield Avenue 11 $1,488,888
236 Oakview Drive 9 $1,648,000
221 Ruby Avenue 13 $1,989,000
1523 Edmond Drive 8 $1,595,000
20 Robin Way 13 $1,295,000

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:

167 Oakview Drive, San Carlos

167 Oakview 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
167 Oakview Drive $1,695,000 4BR/2BA 2,080/4,800 Tara Jaramillo, Dwell Realtors
333 Oakview Drive $1,595,000 3BR/2.5BA 1,500/5,500 Tatum Clarke, Dwell Realtors
39 Bayport Court $1,199,950 3BR/2.5BA 1,796/6,622 Dave Blewett, Intero
2672 San Carlos Avenue $1,149,000 3BR/2BA 1,480/7,176 David Virella, 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
$– $– +$– (+%)

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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) List Price
7 Pyrola Lane 27 $1,189,000

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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
1001 Laurel Street #223 $1,050,000 3BR/3BA 1,494 Griggs/McDonnell, Coldwell Banker
633 Elm Street #404 $899,000 2BR/2BA 774 Djuna Woods, Coldwell Banker
618 Walnut Street #304 $895,000 2BR/1BA 1,096 Dennis Pantano, Pantano Properties
2987 Melendy Drive #4 $799,000 2BR/2BA 1,570 Liza Vernazza, 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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