For the second straight week, the San Carlos residential real estate market was running at a very high pace. There were seven really nice listings to jump into fray, and six of the homes in the existing inventory were locked up into contract. Even the market for townhouses and condos saw about double the activity compared to a normal week.
You can expect to see more of the same of this kind of activity now that we are entering the last full month of the Spring real estate market. May always affords us a long stretch of uninterrupted sales time — all of the Spring breaks are finally done, and the next big distraction isn’t until the end of the month when Memorial Day weekend reminds everyone that summer is right around corner. Anyone who is interested in getting their home sold before the summer break hits really needs to do so in the next 2-3 weeks, so look for a steady flow of inventory each week this month.
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 5/1/2016:
|San Carlos Housing Data||5/1/16||Prior Week|
|Closed Sales for the Week:||8||8|
|Average Sold Price:||$1,818,875||$1,704,500|
|Average $/Sq Foot (Sold)||$924||$931|
|Average Sold as Percentage Of List Price:||105%||114%|
|Average DOM of Closed Sales||14||17|
|Total # of Homes Pending Sale:||18||19|
|No. of New Listings:||7||9|
|Total # of Active Listings:||23||24|
|Average Price of Active Listings:||$1,938,116||$1,936,607|
|Average DOM of Active Listings:||21||20|
|Average $/Sq Foot (List)||$797||$844|
|Active-Pending Ratio:||1.3 : 1||1.3 : 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)|
|2634 Graceland Avenue||$2,800,000||$2,688,000||+$112,000 (+4.2%)||12|
|1408 Crestview Drive||$1,925,000||$1,824,950||+$100,050 (+10.6%)||8|
|125 Chestnut Street||$1,900,000||$1,650,000||+$250,000 (+15.2%)||12|
|2601 Melendy Drive||$1,678,000||$1,525,000||+$153,000 (+10.0%)||13|
|1001 Rosewood Avenue||$1,650,000||$1,800,000||-$150,000 (-8.3%)||15|
|2813 Roland Avenue||$1,478,000||$1,525,000||-$47,000 (-3.1%)||19|
|2411 Graceland Avenue||$1,300,000||$1,325,000||-$25,000 (-1.2%)||21|
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|
|2813 Roland Avenue||19||$1,495,000|
|107 Windsor Drive||9||$1,848,481|
|532 Emerald Avenue||11||$1,150,000|
|417 Sycamore Street||7||$1,699,000|
|2211 Howard Avenue||8||$1,548,000|
|806 Alameda de Las Pulgas||18||$9,800,000|
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|
|1942 Carmelita Drive||$2,800,000||4BR/3BA||2,670/17,500||Mary Harris, Intero|
|115 Los Vientos Way||$2,199,000||3BR/3.5BA||3,115/14,401||Ellen Vera, Intero|
|1021 Rosewood Avenue||$2,198,000||4BR/3BA||3,110/5,998||Mindy Pengilly, Keller Williams|
|783 Crestview Drive||$1,988,000||3BR/3BA||2,932/9,930||Charlotte Van Orden, Coldwell Banker|
|131 Coronado Avenue||$1,749,000||4BR/3BA||2,570/12,788||Sherry Cottonaro, Coldwell Banker|
|1341 Saint Francis Way||$1,625,000||3BR/2BA||1,620/5,502||Joyce & Tatum, Dwell Realtors|
|2691 San Carlos Avenue||$1,558,000||3BR/2BA||1,734/7,560||Violaine Mraihi, 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.)
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)
|656 Walnut Street #301||$1,230,000||$1,188,888|| +$41,112 (+3.5%)
|1001 Laurel Street #227||$1,048,000||$1,095,000|| -$47,000 (-4.3%)
|633 Elm Street #118||$960,000||$949,000|| +$11,000 (+1.2%)
|3358 Brittan Avenue #12||$849,000||$869,000|| -$20,000 (-2.3%)
|3376 La Mesa Drive #5||$757,000||$719,000|| +$38,000 (+5.3%)
|1700 San Carlos Avenue #101||$701,000||$649,000|| +$52,000 (+8.0%)
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|
|31 Trillium Lane||12||$1,200,000|
|408 Portofino Drive #4||32||$988,000|
|772 Walnut Street #3||9||$688,000|
|1 Elm Street #301||6||$768,000|
|17 Tulip Lane||13||$1,448,000|
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|
|6 Pyrola Lane||$1,198,000||3BR/2.5BA||2,031||Brian Ayer, Dreyfus Sothebys|
|17 Iris Lane||$1,198,000||3BR/2.5BA||2,510||Caroline Dinsmore, Today Sothebys|
|3354 Brittan Avenue #16||$849,000||2BR/2BA||1,040||Sean Clar, RE/MAX|
(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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