San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 1/18/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 1/18/2016.

by Chuck Gillooley

The Scoop.

January 2016 is continuing at a very brisk pace in the San Carlos real estate market. It was very encouraging to see four more solid new listings to hit the market this past week, since the pace of new listings is normally a bit slower in early-mid January. The recent stock market volatility and the economic uncertainty certainly has some sellers thinking about selling sooner rather than later this year, as concerns about housing prices become more real.

That being said, the sale that closed this week at 2525 Nanette Drive ($601,000 above the asking price) demonstrates that there is still a strong appetite for homes with some sort of “X-Factor” — in the case of Nanette, it was the lot size and the bay views.  But it will be interesting to see moving forward in this volatile market just how strong that appetite remains.

Here’s last week’s numbers:

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 1/18/2016:

San Carlos Housing Data 1/18/16 Prior Week
Closed Sales for the Week: 7 1
Average Sold Price: $1,633,710 $1,450,000
Average $/Sq Foot (Sold) $905 $1,198
Average Sold as Percentage Of List Price: 111% 104%
Average DOM of Closed Sales 19 11
Total # of Homes Pending Sale: 9 15
No. of New Listings: 4 5
Total # of Active Listings: 9 7
Average Price of Active Listings: $1,434,648 $1,430,128
Average DOM of Active Listings: 15 14
Average $/Sq Foot (List) $757 $717
Active-Pending Ratio: 1 : 1 0.54 : 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:

2525 Nanette Drive, San Carlos
2525 Nanette 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)
2525 Nanette Drive $2,200,000 $1,599,000 +$601,000 (+37.6%) 18
20 Winding Way $1,870,000 $1,788,000 +$82,000 (+4.6%) 25
1230 Greenbrier Road $1,700,000 $1,799,000 -$99,000 (-5.5%) 21
1917 Saint Francis Way $1,650,000 $1,498,000 +$152,000 (+10.1%) 10
416 Hillcrest Road $1,590,971 $1,599,000 -$8,029 (-0.5%) 21
106 Acacia Court $1,250,000 $1,225,000 +$25,000 (+2.0%) 21
1361 Hull Drive $1,175,000 $899,000 +$276,000 (+30.1%) 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.

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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
27 Bayport Court 7 $1,300,000
10 Valley Road 0 $1,835,000
2079 Alma Street 7 $1,695,950

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:

251 Coronado Avenue, San Carlos
251 Coronado 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
251 Coronado Avenue $1,849,888 3BR/2.5BA 1,940/9,535 Greg St. Clair, National Financial Investment
238 Loma Road $1,698,000 4BR/2BA 2,010/8,873 Val Vandervort, Keller Williams
1925 Howard Avenue $1,349,000 3BR/1.5BA 1,140/4,561 Alana Corso, Dwell Realtors
928 Holly Street $999,999 2BR/2BA 1,520/5,900 Mita Kapadia, RE/MAX

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)
3352 La Mesa Drive #5 $770,000 $739,000 +$31,000 (+4.2%)
9

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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
28 Trillium Lane 8 $1,195,000

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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
1456 San Carlos Avenue #304 $789,000 BR/2BA 1,286 Cher Rowland, Today Sothebys
3382 Brittan Avenue #6 $949,950 3BR/2BA 1,239 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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