San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 4/25/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 4/25/2016.

by Chuck Gillooley

The Scoop.

The pace of new listings definitely picked up last week in San Carlos. Nine new single-family homes debuted on the market, and two townhouse/condo units also jumped into fray. This is not a surprise, since we are essentially right in the thick of the Spring real estate market, and we generally see a spike around this time.

Home prices are holding their own, as is evidenced by the data on closed sales from last week. These homes garnered an average of 14% above the asking price, with most of them pulling in 6-figure premiums. This indicates that strong buyers are still out there looking for the right home in San Carlos. Even homes that have been on the market for 21 days or more are starting to see renewed interest, so there are still definitely more buyers than there are sellers in this market.

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 4/24/2016:

San Carlos Housing Data 4/24/16 Prior Week
Closed Sales for the Week: 8 5
Average Sold Price: $1,704,500 $1,434,200
Average $/Sq Foot (Sold) $931 $970
Average Sold as Percentage Of List Price: 114% 112%
Average DOM of Closed Sales 17 9
Total # of Homes Pending Sale: 19 22
No. of New Listings: 9 6
Total # of Active Listings: 24 21
Average Price of Active Listings: $1,936,607 $2,183,934
Average DOM of Active Listings: 20 21
Average $/Sq Foot (List) $844 $899
Active-Pending Ratio: 1.3 : 1 0.95 : 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:

190 Dolton Avenue, San Carlos
190 Dolton 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)
190 Dolton Avenue $2,348,000 $2,475,000 -$127,000 (-5.1%) 32
219 Frances Lane $2,100,000 $1,899,000 +$201,000 (+10.6%) 20
541 Vista Avenue $1,820,000 $1,529,950 +$290,050 (+19.0%) 13
1552 Chestnut Street $1,700,000 $1,395,000 +$305,000 (+21.9%) 10
51 Bayport Court $1,645,000 $1,388,000 +$257,000 (+18.5%) 7
120 Club Drive $1,500,000 $1,249,000 +$251,000 (+20.1%) 3
15 Garden Lane $1,310,000 $1,288,000 +$22,000 (+1.7%) 41
2611 Thornhill Drive $1,213,000 $979,000 +$234,000 (+23.9%) 6

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
308 Chesham Avenue 10 $1,998,000
1017 Walnut Street 12 $2,498,000
2866 Roland Avenue 33 $2,278,000
304 De Anza Avenue 2 $2,400,000
23 Whitman Court 7 $1,849,000

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:

304 De Anza Avenue, San Carlos
304 De Anza 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
304 De Anza Avenue $2,400,000 4BR/3.5BA 2,844/7,579 John Nelson, Reali
59 Bay View Drive $1,998,000 3BR/3.5BA 3,550/11,927 Thomas Diridon, RE/MAX
107 Windsor Drive $1,848,481 5BR/3BA 2,690/5,663 Donna Marie Baldwin, Coldwell Banker
423 Emerald Avenue $1,749,000 4BR/3BA 2,663/5,502 Jeri Richardson-Daines, Sequoia Realty
417 Sycamore Street $1,699,000 4BR/3BA 2,450/6,300 Brandon Moore, Vilmont Investment Properties
948 Alameda de las Pulgas $1,648,888 3BR/3BA 2,327/5,500 Marquise Murphy, Marshall Realty
2211 Howard Avenue $1,548,000 3BR/2BA 1,338/6,360 Chuck Gillooley, Dwell Realtors
204 Manor Drive $1,149,950 3BR/2.5BA 1,431/5,611 Donna Colangelo, Intero
117 Wilshire Court $999,950 3BR/3BA 1,130/5,502 David Blewett, Intero

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)
401 Portofino Drive #B $1,315,000 $1,199,000 +$116,000 (+9.7%)
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
$–

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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
772 Walnut Street #3 $688,000 2BR/1BA 910 Justine Ford
1 Elm Street #301 $768,000 2BR/2BA 1,180 Emily Lim, 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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