It’s amazing how much of an effect the Super Bowl has on the local economy — especially when either of the local teams is participating in the game, or like we saw yesterday, when the game is played in the Bay Area. Nothing dares compete with the 800 pound gorilla in the room on this particular Sunday, especially the local real estate market. The numbers below prove that point. There wasn’t a new single-family residence listing this past week, and only two homes went into contract.
It has long been the understood that the spring real estate market really doesn’t start to gain traction until after the Super Bowl, regardless of who is playing. So if this theory holds true, we should start to see a more robust market starting tomorrow. Both the buyers and the sellers in this market hope that is indeed the case.
Here are last week’s 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 2/7/2016:
|San Carlos Housing Data||2/7/16||Prior Week|
|Closed Sales for the Week:||2||0|
|Average Sold Price:||$1,797,500||$0|
|Average $/Sq Foot (Sold)||$868||$0|
|Average Sold as Percentage Of List Price:||99%||0%|
|Average DOM of Closed Sales||80||0|
|Total # of Homes Pending Sale:||17||17|
|No. of New Listings:||0||3|
|Total # of Active Listings:||7||13|
|Average Price of Active Listings:||$1,518,818||$1,516,853|
|Average DOM of Active Listings:||34||22|
|Average $/Sq Foot (List)||$751||$801|
|Active-Pending Ratio:||0.41 : 1||0.53 : 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)|
|2668 Thornhill Drive||$2,170,000||$2,268,000||-$98,000 (-4.3%)||154|
|205 Oakview Drive||$1,425,000||$1,395,000||+$30,000 (+2.2%)||5|
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|
|1 Pepper Lane||11||$1,524,950|
|2348 Howard Avenue||8||$1,495,000|
Note: The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction. _______________________________________________________________________________________
New Single-Family Home Listings in San Carlos:
Below are the new listings that hit the market this past week in San Carlos. Click on the address of each home to see more details and photos.
|Address||List Price||BR/BA||Sq Ft (home/lot)||Listed By|
Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent. This data is pulled from the Multiple listing service, and the author is in no way responsible for the accuracy of the data provided herein.
(Click the “Homes For Sale” sign below to see ALL of the homes currently for Sale in San Carlos.)
Condos and Townhomes Sold in San Carlos:
Below are the condos/townhouses that closed escrow this past week. Click on the address of each home to see more details and photos.
|Address||Sold Price||Orig. List||Difference||DOM (days)
|—||$–||$–|| +$– (+–%)
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|
|28 Tulip Lane||$1,249,000||2BR/2BA||1,990||Tom Stone, Coldwell Banker|
|539 Elm Street||$1,199,000||2BR/2.5BA||1,684||Shaheen Shamirza, Shah Realty|
|5 Honeysuckle Lane||$1,198,000||3BR/2.5BA||2,100||Eddie Azzopardi, Realty World|
(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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