The needled barely budged last week compared to the week prior in San Carlos, which is to be expected in a slower time of the real estate year. Inventory remains very lean, with only 9 single-family homes still on the market — and that number will likely drop this week as several of the homes on the market will be taking offers. And if you’re looking for a condo or townhouse in San Carlos, you’re going to have to be even more patient, since there is only one unit for sale in the entire city.
The four homes that sold last week fetched an impressive $944/square foot, which shows that pricing has remained solid even in the waning months of the year. It will be interesting to see if the Federal Reserve decides to raise interest rates this week, and what effect it will have on our local market.
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 12-13-2015:
|San Carlos Housing Data||12-13-15||Prior Week|
|Closed Sales for the Week:||4||4|
|Average Sold Price:||$1,795,000||$1,603,250|
|Average $/Sq Foot (Sold)||$944||$876|
|Average Sold as Percentage Of List Price:||108%||103%|
|Average DOM of Closed Sales||15||13|
|No. of Homes Pending Sale:||19||18|
|No. of New Listings:||4||7|
|Total # of Active Listings:||9||10|
|Average Price of Active Listings:||$1,503,222||$1,563,600|
|Average DOM of Active Listings:||8||23|
|Average $/Sq Foot (List)||$764||$773|
|Active-Pending Ratio:||0.47 : 1||0.56 : 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)|
|3142 La Mesa Drive||$2,400,000||$2,198,000||+$202,000 (+9.2%)||6|
|1620 Howard Avenue||$1,680,000||$1,488,888||+$191,112 (+12.8%)||4|
|1090 Drake Court||$1,500,000||$1,590,000||-$90,000 (-5.7%)||38|
|934 Tamarack Avenue||$1,600,000||$1,388,000||+$212,000 (+15.3%)||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.
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|
|3000 Brittan Avenue||31||$1,398,000|
|205 Oakview Drive||5||$1,395,000|
|1917 Saint Francis Way||10||$1,498,000|
|1230 Greenbrier Road||27||$1,799,000|
|2668 Thornhill Drive||154||$2,268,000|
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|
|1335 Crestview Avenue||$1,999,999||5BR/3BA||2,720/7,600||Debbie Wong, Better Homes|
|2202 Carmelita Drive||$1,568,000||2BR/2BA||1,570/6,932||David Young, Coldwell Banker|
|880 Buckland Avenue||$1,395,000||3BR/2BA||1,550/8,189||Janet Davis, Hometown Realty|
|2220 San Carlos Avenue||$1,498,000||3BR/3BA||1,940/6,500||Marylene Notarianni, Keller Williams|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent. This data is pulled from the Multiple listing service, and the author is in no way responsible for the accuracy of the data provided herein.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that closed escrow this past week. Click on the address of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM (days)
|—||$–||$–|| +$– (+–%)
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|
|3352 La Mesa Drive #5||9||$739,000|
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|
(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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