As I predicted last week in the 2015 Real Estate Year in Review, the 2016 market in San Carlos came charging right out of the gate in our first full week of the new year. There were 5 new listings to hit the market, which is a much quicker start than what we experienced at this time last year. Two of these new listings — 2015 Eaton Avenue and 2079 Alma Street — will give us a very good indication how hungry the market is for “premier addresses” in San Carlos. I have a feeling there is still some upside in this market for properties on premier streets such as these. We will know soon enough.
Later this week on the site, we will recap the numbers on the higher-end of the market in San Carlos — those homes that sold for $2M or higher in 2015. You already know that we easily exceeded the total for 2014. The only question is by how much.
Here’s the first update of 2016:
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 1/11/2016:
|San Carlos Housing Data||1/11/16||Prior Week|
|Closed Sales for the Week:||1||2|
|Average Sold Price:||$1,450,000||$1,750,000|
|Average $/Sq Foot (Sold)||$1,198||$944|
|Average Sold as Percentage Of List Price:||104%||96%|
|Average DOM of Closed Sales||11||32|
|No. of Homes Pending Sale:||15||15|
|No. of New Listings:||5||0|
|Total # of Active Listings:||7||2|
|Average Price of Active Listings:||$1,430,128||$1,449,500|
|Average DOM of Active Listings:||14||23|
|Average $/Sq Foot (List)||$717||$468|
|Active-Pending Ratio:||0.54 : 1||0.13 : 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)|
|108 Ruby Avenue||$1,450,000||$1,382,000||+$68,000 (+4.9%)||11|
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|
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|
|2015 Eaton Avenue||$1,728,000||4BR/3BA||3,400/13,800||Laura Bertolacci, Dwell Realtors|
|2079 Alma Street||$1,695,950||3BR/2BA||1,500/9,000||Sandi Paoli, Today Sothebys|
|1089 Hewitt Drive||$1,459,000||3BR/2.5BA||2,710/8,400||John Reese, Intero|
|27 Bayport Court||$1,300,000||4BR/3BA||1,830/5,350||Tony Gabb, RE/MAX|
|147 Windsor Drive||$1,459,000||1BR/1BA||762/4,500||Gabriel De Armero, Today Sothebys|
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)
|9 Chicory Lane||$1,035,000||$899,888|| +$135,112 (+15.0%)
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|
|728 Elm Street #106||8||$679,000|
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|
|28 Trillium Lane||$1,195,000||3BR/2.5BA||1,790||Chris Iverson, Dreyfus Sothebys|
|222 Laurel Street #100||$650,000||2BR/2BA||1,361||Ana Olea-Wijkstror, Keller Williams|
(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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