Buyers and sellers were both very active last week in San Carlos. 6 more single-family listings jumped into the fray, only to be outpaced by the buyers who locked up 7 of the homes that were already on the market. The net result is that the inventory of single-family homes in San Carlos remained nearly unchanged from last week, and now sits at 21 homes for sale.
The inventory remains slightly weighted toward the higher end of the price range for San Carlos, with 57% of the homes for sale right now being listed at $2,000,000 or more. Regardless, from what I am sensing from talking to sellers and other agents, there is certainly more inventory coming over the next 45 days before the Spring real estate market slips into the summer slowdown, so buyers will certainly not be lacking options if they want to live in San Carlos.
Here is a look at 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 4/17/2016:
|San Carlos Housing Data||4/17/16||Prior Week|
|Closed Sales for the Week:||5||1|
|Average Sold Price:||$1,434,200||$1,150,000|
|Average $/Sq Foot (Sold)||$970||$782|
|Average Sold as Percentage Of List Price:||112%||115%|
|Average DOM of Closed Sales||9||8|
|Total # of Homes Pending Sale:||22||20|
|No. of New Listings:||6||7|
|Total # of Active Listings:||21||22|
|Average Price of Active Listings:||$2,183,934||$2,100,408|
|Average DOM of Active Listings:||21||23|
|Average $/Sq Foot (List)||$899||$900|
|Active-Pending Ratio:||0.95 : 1||1.1 : 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)|
|77 Madera Avenue||$1,920,000||$1,799,000||+$121,000 (+6.7%)||17|
|10 Cordilleras Avenue||$1,551,000||$1,250,000||+$301,000 (+20.2%)||9|
|10 Cottage Lane||$1,500,000||$1,248,000||+$252,000 (+20.2%)||9|
|393 Ridge Road||$1,380,000||$1,325,000||+$121,000 (+4.2%)||9|
|1047 Cherry Street||$820,000||$770,000||+$50,000 (+6.5%)||1|
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|
|2608 Thornhill Drive||24||$1,395,000|
|1637 Cedar Street||12||$1,995,000|
|570 Alameda de las Pulgas||10||$1,198,000|
|2611 Thornhill Drive||6||$979,000|
|2504 Melendy Drive||8||$2,199,000|
|1335 Crestview Drive||128||$1,788,888|
|1001 Rosewood Avenue||15||$1,725,000|
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|
|26 Cobblestone Lane||$2,588,000||5BR/3BA||3,840/12,301||Shauna Banks, Today Sothebys|
|348 Oakview Drive||$2,388,000||4BR/3.5BA||2,499/5,500||Ellen Larios, Today Sothebys|
|23 Whitman Court||$1,849,000||3BR/2BA||2,040/16,117||Bob Bredel, Dwell Realtors|
|1338 Woodland Avenue||$1,600,000||3BR/1.5BA||1,600/4,038||Glenn Allen, RE/MAX|
|90 Bayport Court||$1,350,000||3BR/2.5BA||1,660/5,545||Robert Leitao, Crown Realty|
|532 Emerald Avenue||$1,150,000||2BR/1BA||1,050/4,400||Maya Sewald, Pacific Union|
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)
|793 Elm Street #20||$955,000||$849,000|| +$106,000 (+12.5%)
|3347 Brittan Avenue #5||$868,000||$858,000|| +$10,000 (+1.2%)
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|
|401 Portofino Drive #B||7||$1,199,000|
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|
|17 Tulip Lane||$1,448,000||3BR/2.5BA||2,310||Eddie Azzopardi, Realty World|
|31 Trillium Lane||$1,200,000||3BR/2.5BA||2,031||Mary Abolmoluki, Coldwell Banker|
(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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