The rain seems to have returned to San Carlos (a very good thing), but that has not seemed to put a damper on the Fall real estate market. 5 new listings tested the market last week, obviously trying to get into contract before the Thanksgiving break in about 2.5 weeks. The 5 homes that went into contract kept the inventory at 11, which is exactly where we were at this time last week.
Pricing continues be strong in this market, even as we head into the end of the year. Several of those 5 homes that went pending last week got prices significantly higher than their respective list prices, so while the market may have backed off a tad from the white-hot pace of the Spring, it’s clear that it has not leveled off to the degree that we are seeing in some other communities. Buyers are definitely still paying significant premiums for the right homes.
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 11-8-2015:
|San Carlos Housing Data||11-8-15||Prior Week|
|Closed Sales for the Week:||3||7|
|Average Sold Price:||$1,444,333||$1,472,173|
|Average $/Sq Foot (Sold)||$869||$812|
|Average Sold as Percentage Of List Price:||109%||104%|
|Average DOM of Closed Sales||13||15|
|No. of Homes Pending Sale:||23||21|
|No. of New Listings:||3||2|
|Total # of Active Listings:||11||11|
|Average Price of Active Listings:||$1,910,616||$2,147,616|
|Average DOM of Active Listings:||28||28|
|Average $/Sq Foot (List)||$897||$897|
|Active-Pending Ratio:||0.48 : 1||0.52 : 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||DOM (days)|
|3404 Brittan Avenue||$1,708,000||$1,499,950||+$208,050 (+13.9%)||10|
|1800 Howard Avenue||$1,650,000||$1,699,000||-$49,000 (-2.9%)||17|
|2148 San Carlos Avenue||$975,000||$849,000||+$126,000 (+14.8%)||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|
|333 Oakview Drive||21||$1,595,000|
|20 Winding Way||25||$1,788,000|
|62 Madera Avenue||11||$1,645,000|
|1880 Carmelita Drive||12||$2,945,000|
|807 Tamarack Avenue||9||$1,798,888|
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|
|3000 Brittan Avenue||$1,495,000||3BR/3BA||2,210/9,200||John Shroyer, Today Sothebys|
|2008 Howard Avenue||$1,495,000||3BR/2BA||1,670/5,520||John Shroyer, Today Sothebys|
|1620 Howard Avenue||$1,488,888||3BR/2BA||1,520/5,520||Daniel Ebrahemi, Intero|
|934 Tamarack Avenue||$1,388,000||4BR/2BA||1,517/5,500||Susan Lewandowski, Sereno Group|
|1458 Oakhurst Avenue||$1,298,000||3BR/1BA||1,320/4,400||Ryan Nunnally, Alain Pinel Realtors|
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 (days)
|939 Laurel Street #207||$800,000||$799,000|| +$1,000 (+0.13%)
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|
|618 Walnut Street #304||22||$895,000|
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 Honeysuckle Lane||$1,248,000||3BR/2.5BA||2,100||Eddie Azzopardi, Realty World|
|9 Chicory Lane||$899,888||2BR/2BA||1,350||Amy Anderson, Keller Williams|
(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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