The San Carlos Real Estate Week in Review: 4/4/2016.

April 4, 2016

April

The Scoop.

The San Carlos real estate market snapped back into its normal Spring form this week after the Easter break. There were seven new single family home listings to hit the market, but even with the surge of listing activity the inventory of single family homes to choose from in San Carlos is still sitting at only at 17 as of this morning. That's because five homes went into contract during the same period. Interestingly, two of the five sold within the first three days of being on the market. That means there's lots of activity, but still no inventory is being established.

For the third straight week, we will be dealing with some form of Spring break. This time it's the local public schools that will be off for the week, so we will have to see if it has a negative effect on the market activity, since many San Carlos families will ducking out of town for the week.

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 4/3/2016:

San Carlos Housing Data 4/3/16 Prior Week
Closed Sales for the Week: 3 1
Average Sold Price: $1,641,667 $1,510,000
Average $/Sq Foot (Sold) $791 $1,228
Average Sold as Percentage Of List Price: 106% 117%
Average DOM of Closed Sales 16 12
Total # of Homes Pending Sale: 20 17
No. of New Listings: 7 1
Total # of Active Listings: 17 14
Average Price of Active Listings: $2,176,231 $2,203,280
Average DOM of Active Listings: 25 27
Average $/Sq Foot (List) $895 $839
Active-Pending Ratio: 0.8 : 1 0.8 : 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:

1008 Elm Street, San Carlos

1008 Elm Street, 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)
1008 Elm Street $2,125,000 $1,650,000 +$475,000 (+29%) 7
338 Hill Way $1,910,000 $1,910,000 $0 (0) 1
928 Holly Street $890,000 $999,999 -$109,999 (-11%) 41

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
1047 Cherry Street 1 $770,000
125 Chestnut Street 12 $1,650,000
120 Club Drive 3 $1,225,000
1408 Crestview Drive 8 $1,824,950
15 Garden Lane 41 $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:

29 Hillcrest Road, San Carlos

29 Hillcrest Road, 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
29 Hillcrest Road $2,248,000 4BR/2.5BA 2,480/6,320 Chuck Gillooley, Dwell Realtors
932 Heather Drive $2,199,000 4BR/3BA 2,430/7,321 Jennifer Kline, Kline Mann Realty
1637 Cedar Street $1,995,000 4BR/3BA 2,260/4,522 Brian Ayer, Dreyfus Sothebys
1001 Rosewood Avenue $1,800,000 3BR/2BA 1,570/6,600 Charles Rauch, CR Properties
1341 Alameda de las Pulgas $1,500,000 3BR/2BA 1,540/6,164 Judy Ploshay, Coldwell Banker
120 Club Drive $1,249,000 3BR/2BA 1,820/6,599 Sam Anagnostou, Coldwell Banker
1047 Cherry Street $770,000 2BR/1BA 900/5,001 Charles Rauch, CR Properties

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)
3321 Brittan Avenue #17 $850,000 $785,000 +$65,000 (+8.3%)
7

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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
633 Elm Street #118 11 $949,000
775 Chestnut Street #17 13 $614,000
401 Portofino Drive #B 7 $1,199,000

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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
11 Lilly Lane $1,195,000 3BR/2.5BA 2,031 Claude Windell, Coldwell Banker

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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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