San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5/2/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5/2/2016.

by Chuck Gillooley

The Scoop.

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:

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 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 Open House List

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San Carlos Single-Family Homes Sold:

2634 Graceland Avenue, San Carlos
2634 Graceland 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)
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.

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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
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:

1942 Carmelita Drive, San Carlos
1942 Carmelita Drive, 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.)

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)
656 Walnut Street #301 $1,230,000 $1,188,888 +$41,112 (+3.5%)
15
1001 Laurel Street #227 $1,048,000 $1,095,000 -$47,000 (-4.3%)
37
633 Elm Street #118 $960,000 $949,000 +$11,000 (+1.2%)
11
3358 Brittan Avenue #12 $849,000 $869,000 -$20,000 (-2.3%)
26
3376 La Mesa Drive #5 $757,000 $719,000 +$38,000 (+5.3%)
10
1700 San Carlos Avenue #101 $701,000 $649,000 +$52,000 (+8.0%)
20

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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
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

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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
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

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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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