San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 3/7/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 3/7/2016.

by Chuck Gillooley

The Scoop.

The San Carlos real estate market got a nice shot in the arm this past week with six new single-family homes hitting the market, which is a bit more typical of what we expect to see this time of year. But four of the existing listings went into contract during the same period, so the net impact on the available inventory was only an increase of 2. What’s amazing about this figure is not that there are only 12 homes for sale in San Carlos right now — it’s that the average price of a home for sale in San Carlos right now is just a shade under $2,000,000. Who would have thought that it would go this high?

The next few weeks mark the true start of the Spring real estate market in San Carlos. It will be very interesting to see if we continue to get a surge of new listings, or if we will register yet another consecutive year where were simply fewer homes to choose from.

Here is a look at 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 3/6/2016:

San Carlos Housing Data 3/6/16 Prior Week
Closed Sales for the Week: 3 5
Average Sold Price: $1,475,000 $2,110,600
Average $/Sq Foot (Sold) $1,152 $1,053
Average Sold as Percentage Of List Price: 103% 113%
Average DOM of Closed Sales 16 10
Total # of Homes Pending Sale: 12 9
No. of New Listings: 6 5
Total # of Active Listings: 12 10
Average Price of Active Listings: $1,914,967 $1,702,284
Average DOM of Active Listings: 19 18
Average $/Sq Foot (List) $881 $920
Active-Pending Ratio: 1.0 : 1 1.2 : 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:

1938 Eaton Avenue, San Carlos
1938 Eaton Avenue, 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)
3165 La Mesa Drive $2,100,000 $1,998,000 +$102,000 (+5.1%) 0
1938 Eaton Avenue $1,420,000 $1,395,000 +$25,000 (+1.8%) 7
147 Windsor Drive $905,000 $899,950 +$5,050 (+0.1%) 35

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
15 Garden Lane 17 $1,288,000
393 Ridge Road 9 $1,325,000
1008 Elm Street 7 $1,650,000
184 Lyndhurst Avenue 9 $1,549,950

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:

400 Devonshire Boulevard, San Carlos
400 Devonshire Boulevard, 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
60 Ensenada Road $2,999,800 5BR/6BA 3,566/8,111 Justine Ford
400 Devonshire Boulevard $1,999,999 3BR/2.5BA 2,350/8,102 Mary Yeargain, Alain Pinel Realtors
760 Tamarack Avenue $1,799,000 4BR/2BA 1,898/6,399 Haifa and Ruba, Today Sothebys
541 Vista Avenue $1,529,950 3BR/2.5BA 1,997/9,165 Donna Colangelo, Intero
1108 Royal Lane $1,449,000 2BR/2.5BA 2,720/2,256 Denette Bartoli, Terrace Associates
2411 Graceland Avenue $1,325,000 3BR/2BA 1,450/4,900 Marilyn Koron, Coldwell Banker

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)
$– $– +$– (+–%)

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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
793 Elm Street #20 13 $849,000
3321 Brittan Avenue #7 7 $785,000

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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
533 Elm Street #1 $1,198,000 2BR/2BA 1,559 Edward Stephens, Coldwell Banker
1700 San Carlos Avenue #101 $649,000 2BR/2BA 1,300 Maria Neal, Initio

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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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