The San Carlos Real Estate Week in Review: 11-15-15.

November 16, 2015

1230-Greenbrier-Road

The Scoop.

The real estate activity in San Carlos last week was about as brisk as the weather. Not surprisingly, there were six new listings to enter the market, which puts them in a perfect position to have one or two open house weekends and still get into contract before the Thanksgiving holiday.

Any hopes of home prices starting to soften will probably be dashed when you take a glance at the numbers below.  There was a $3M and a $2M closing in the very same week – and we're in November, which is usually one of the slower months. But the six new listings bumped the inventory up to 14 total homes for sale, and there's something to see in just about every price range. It will be interesting to see how many more sellers test the market early this week before we get too close to the Thanksgiving break.

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 11-15-2015:

San Carlos Housing Data 11-15-15 Prior Week
Closed Sales for the Week: 6 3
Average Sold Price: $1,932,083 $1,444,333
Average $/Sq Foot (Sold) $883 $869
Average Sold as Percentage Of List Price: 112% 109%
Average DOM of Closed Sales 14 13
No. of Homes Pending Sale: 20 23
No. of New Listings: 6 3
Total # of Active Listings: 14 11
Average Price of Active Listings: $1,566,706 $1,910,616
Average DOM of Active Listings: 24 28
Average $/Sq Foot (List) $900 $897
Active-Pending Ratio: 0.70 : 1 0.48 : 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:

1880 Carmelita Drive, San Carlos

1880 Carmelita 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 DOM (days)
1880 Carmelita Drive $3,432,500 $2,945,000 +$298,500 (+10.1%) 12
236 Oakview Drive $2,050,000 $1,648,000 +$402,000 (+24.4%) 9
170 Hillcrest Road $1,710,000 $1,575,000 +$135,000 (+8.6%) 16
12 Cranfield Avenue $1,700,000 $1,488,888 +$211,112 (+14.2%) 11
893 Bauer Drive $1,650,000 $1,699,000 -$49,000 (-2.9%) 32
959 Holly Street $1,050,000 $939,000 +$111,000 (+11.8%) 6

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
1620 Howard Avenue 4 $1,488,888
1458 Oakhurst Avenue 6 $1,298,000
818 Knoll Drive 43 $3,298,000

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:

1230 Greenbrier Road, San Carlos

1230 Greenbrier 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
1230 Greenbrier Road $1,799,000 4BR/3BA 1,876/8,200 Marquise Murphy, Marshall Real Estate
160 Plymouth Avenue $1,575,000 3BR/2BA 1,440/8,190 Genella Williamson, Alain Pinel Realtors
106 Acacia Court $1,488,888 3BR/1BA 1,430/6,600 Jalayne Forrester, Keller Williams
1007 Northwood Drive $1,388,000 2BR/1BA 820/5,700 Jeannine Sheehan, Intero
1361 Hull Drive $899,000 3BR/1BA 1,130/5,880 Carrie Du Bois, Coldwell Banker
1016 Springfield Drive $899,000 2BR/1BA 820/5,000 Dani Chrisman, 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.)

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 (days)
1001 Laurel Street #223 $1,150,000 $1,050,000 +$100,000 (+9.5%)
23
618 Walnut Street #304 $1,00,000 $895,000 +$105,000 (+11.7%)
22

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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
9 Chicory Lane 8 $899,888

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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
728 Elm Street #306 $648,000 2BR/2BA 1,010 Heather Hansen, 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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