It’s almost hard to believe, but we’re heading into the the last week of what has been a truly remarkable 2015 in the world of real estate in San Carlos. Over the course of the next 2 weeks, we will look in depth into a few of the forces and key statistics that played crucial roles in pushing the market to new heights (and new lows in some cases) in 2015.
On the subject of new lows, there has been a literal “house cleaning” of the available inventory of homes for sale in San Carlos this past week. Entering today, there are only 2 homes for sale in the entire city — including townhouses and condos — which is easily the lowest number in the entire year. But home buyers should take solace in the fact that the market in 2016 should charge right of the gates early in January.
Have a safe and happy New Year’s celebration! Here’s the last recap of 2015:
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 12-27-2015:
|San Carlos Housing Data||12-27-15||Prior Week|
|Closed Sales for the Week:||4||5|
|Average Sold Price:||$1,697,500||$1,790,000|
|Average $/Sq Foot (Sold)||$1,054||$864|
|Average Sold as Percentage Of List Price:||103%||101%|
|Average DOM of Closed Sales||10||24|
|No. of Homes Pending Sale:||17||17|
|No. of New Listings:||0||0|
|Total # of Active Listings:||2||5|
|Average Price of Active Listings:||$1,449,500||$1,477,000|
|Average DOM of Active Listings:||23||11|
|Average $/Sq Foot (List)||$468||$644|
|Active-Pending Ratio:||0.12 : 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 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)|
|244 Ruby Avenue||$2,165,000||$2,100,000||+$65,000 (+3.1%)||0|
|807 Tamarack Avenue||$1,850,000||$1,798,888||+$51,112 (+2.8%)||9|
|160 Plymouth Avenue||$1,575,000||$1,575,000||$0 (0%)||0|
|2672 San Carlos Avenue||$1,200,000||$1,149,000||+$51,000 (+4.4%)||16|
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|
|2525 Nanette Drive||18||$1,599,000|
|416 Hillcrest Road||20||$1,599,000|
|2220 San Carlos Avenue||17||$1,288,000|
Note: The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction. _______________________________________________________________________________________
New Single-Family Home Listings in San Carlos:
Below are the new listings that hit the market this past week in San Carlos. Click on the address of each home to see more details and photos.
|Address||List Price||BR/BA||Sq Ft (home/lot)||Listed By|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent. This data is pulled from the Multiple listing service, and the author is in no way responsible for the accuracy of the data provided herein.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that closed escrow this past week. Click on the address of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM (days)
|—||$–||$–|| +$– (+–%)
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|
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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