The San Carlos Real Estate Week in Review: 4/25/2016.
April 25, 2016
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.
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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) |
---|---|---|---|---|
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:
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.)
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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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