The San Carlos Real Estate Week in Review: 12-6-15.

December 7, 2015

221-Ruby-Avenue

The Scoop.

The first week of December was off like a shot, with seven new single-family home listings to hit the market in San Carlos. This brought the inventory of homes for sale back up to 10, which is still not a whole lot to choose from, but certainly better than last week. Home buyers weren't that busy last week simply because there was so little to choose from, and consequently only one home was put into contract.

Prices on homes that closed escrow last week were much closer to their original asking price, fetching only an average of 3% over. In fact, half of the homes that sold last week didn't even achieve their asking price, which is yet another indication that the market is simply not quite as hot as it was in the spring.

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 12-6-2015:

San Carlos Housing Data 12-6-15 Prior Week
Closed Sales for the Week: 4 2
Average Sold Price: $1,603,250 $1,455,000
Average $/Sq Foot (Sold) $876 $1,124
Average Sold as Percentage Of List Price: 103% 120%
Average DOM of Closed Sales 13 7
No. of Homes Pending Sale: 18 21
No. of New Listings: 7 0
Total # of Active Listings: 10 6
Average Price of Active Listings: $1,563,600 $1,730,667
Average DOM of Active Listings: 23 54
Average $/Sq Foot (List) $773 $853
Active-Pending Ratio: 0.56 : 1 0.29 : 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:

221 Ruby Avenue, San Carlos

221 Ruby Avenue, 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)
221 Ruby Avenue $1,950,000 $1,989,000 -$39,000 (-2.0%) 13
62 Madera Avenue $1,880,000 $1,645,000 +$235,000 (+14.3%) 11
167 Oakview Drive $1,658,000 $1,695,000 -$37,000 (-2.2%) 14
1007 Northwood Drive $925,000 $925,000 $0 (0%) 12

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
106 Acacia Court 21 $1,225,000

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:

77 Madera Avenue, San Carlos

77 Madera Avenue, 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
77 Madera Avenue $1,799,000 4BR/2.5BA 2,928/7,812 Ken Jacobi, California Wide Properties
416 Hillcrest Road $1,599,000 3BR/2BA 1,560/4,704 Peter Spirakis, Big Block Realty
2525 Nanette Drive $1,599,000 4BR/3BA 2,690/14,080 John Reese, Intero
1917 Saint Francis Way $1,498,000 2BR/2.5BA 1,850/7,749 Justine Ford
205 Oakview Drive $1,395,000 3BR/1.5BA 1,610/6,000 Jennifer Liske, Pacific Union
108 Ruby Avenue $1,382,000 2BR/1.5BA 1,210/6,575 David Young, Coldwell Banker
171 Coronado Avenue $899,000 5BR/5.5BA 4,500/10,275 KT Eckardt, 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 (days)
633 Elm Street #404 $1,038,000 $899,000 +$139,000 (+15.5%)
13

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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
3352 La Mesa Drive #5 $739,000 2BR/2BA 1,040 Sean Clar, RE/MAX

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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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