San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 11-22-15. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 11-22-15.

by Chuck Gillooley

The Scoop.

It’s easy to tell that we are sliding into the holiday season, because the activity level dropped of significantly in just one week. There was not a single new single family residence listing nor a new condo or townhouse new listing in all of San Carlos. That hasn’t happened in many weeks, but it’s not that uncommon to see as we approach the Thanksgiving holiday. In fact, some home sellers will opt to pull their home off the market this week to allow them to enjoy the holiday season without having to keep their home in “show” condition 24/7.

The inventory numbers certainly reflect this pull-back. As of this morning, there are only 9 single-family homes and 4 townhouse/condos for sale in the entire city. And that number will drop again before it increases, since a few of these listings are expecting offers this week. If nothing else, that gives weary home buyers a chance to take a break and enjoy the holiday week.  On that note, Happy Thanksgiving to everyone, and may you have a safe and enjoyable weekend!

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 11-22-2015:

San Carlos Housing Data 11-22-15 Prior Week
Closed Sales for the Week: 5 6
Average Sold Price: $1,654,600 $1,932,083
Average $/Sq Foot (Sold) $736 $883
Average Sold as Percentage Of List Price: 116% 112%
Average DOM of Closed Sales 12 14
No. of Homes Pending Sale: 20 20
No. of New Listings: 0 6
Total # of Active Listings: 9 14
Average Price of Active Listings: $1,540,333 $1,566,706
Average DOM of Active Listings: 36 24
Average $/Sq Foot (List) $909 $900
Active-Pending Ratio: 0.45 : 1 0.70 : 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:

1523 Edmond Drive, San Carlos
1523 Edmond 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)
1523 Edmond Drive $1,850,000 $1,595,000 +$255,000 (+16.0%) 9
90 Cedar Street $1,775,000 $1,499,000 +$276,000 (+18.4%) 16
1056 San Remo Way $1,618,000 $1,495,000 +$123,000 (+8.2%) 14
3169 Brittan Avenue $1,550,000 $1,349,950 +$135,000 (+8.6%) 11
39 Bayport Court $1,480,000 $1,199,950 +$280,050 (+23.4%) 9

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
1281 Crestview Drive 28 $1,658,888
2008 Howard Avenue 11 $1,495,000
934 Tamarack Avenue 12 $1,388,000
6 Pepper Lane 41 $2,700,000
1016 Springfield Drive 10 $829,000

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:

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
$ –BR/–BA –/–

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)
5 Lilly Lane $1,335,000 $1,295,000 +$40,000 (+3.1%)
17
307 Old County Road #4 $690,000 $680,000 +$10,000 (+1.5%)
16

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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
$–

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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
$– –BR/–BA

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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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