San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5/16/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5/16/2016.

by Chuck Gillooley

The Scoop.

The listing machine was in high gear again last week in San Carlos, which should come as welcome relief to home buyers. Nine new listings debuted on the market, and with only five homes going into contract, the inventory of single family homes in San Carlos now stands at 29. This continues to be the highest sustainable inventory level that we have seen in several years, and along with the average of 20 days on the market for this inventory, it indicates that certain homes are simply not selling as fast as they were only a few months ago.

This does not mean that all homes are taking longer to sell. All five homes that went pending last week did so in about 2 weeks or less. So it’s clear that homes that are priced well and in good locations are still selling relatively quickly. The market is being extremely selective on those that are not.

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 5/15/2016:

San Carlos Housing Data 5/15/16 Prior Week
Closed Sales for the Week: 4 5
Average Sold Price: $2,030,000 $2,151,900
Average $/Sq Foot (Sold) $1,072 $1,087
Average Sold as Percentage Of List Price: 114% 98%
Average DOM of Closed Sales 15 11
Total # of Homes Pending Sale: 25 24
No. of New Listings: 9 12
Total # of Active Listings: 29 26
Average Price of Active Listings: $1,905,159 $1,850,139
Average DOM of Active Listings: 20 17
Average $/Sq Foot (List) $875 $855
Active-Pending Ratio: 1.2 : 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 Open House List

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San Carlos Single-Family Homes Sold:

1017 Walnut Street, San Carlos
1017 Walnut Street, 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)
1017 Walnut Street $3,000,000 $2,498,000 +$502,000 (+20.1%) 12
1637 Cedar Street $2,275,000 $1,995,000 +$280,000 (+14.0%) 12
570 Alameda de las Pulgas $1,425,000 $1,198,000 +$227,000 (+18.9%) 10
2608 Thornhill Drive $1,420,000 $1,395,000 +$25,000 (+1.8%) 24

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
2691 San Carlos Avenue 11 $1,558,000
1021 Rosewood Avenue 15 $2,198,000
783 Crestview Drive 12 $1,988,000
1961 Brittan Avenue 7 $1,298,000
973 Alameda de las Pulgas 8 $1,149,000

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:

2 Sundan Lane, San Carlos
2 Sudan Lane, 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
2 Sudan Lane $2,795,000 4BR/3.5BA 4,400/1.3 acres John Shroyer, Today Sothebys
109 Arundel Road $2,595,000 4BR/3.5BA 2,603/5,600 Joe Bentley, Alain Pinel Realtors
142 Plymouth Avenue $1,899,000 3BR/2.5BA 2,116/6,678 Jane Tomassian, Coldwell Banker
1601 Arroyo Avenue $1,799,000 3BR/2BA 1,784/7,440 Lynn Rovai, Intero
448 Emerald Avenue $1,625,000 3BR/2BA 1,350/5,500 David Young, Coldwell Banker
205 Club Drive $1,498,000 3BR/3BA 2,029/9,374 Michael Chen, MC Investments
739 Dartmouth Avenue $1,188,000 3BR/2BA 1,450/7,000 Marylene Notariani, Keller Williams
11 Willow Glen Way $1,099,000 3BR/2BA 1,280/4,482 Naomi Gable, Alain Pinel Realtors
915 Hall Street $898,000 2BR/1BA 950/5,001 John Shroyer, Today Sothebys

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)
$– $– $– (+–%)

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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
17 Iris Lane 11 $1,198,000
3354 Brittan Avenue #16 11 $849,000
3331 La Mesa Drive #6 8 $729,500
6 Pyrola Lane 13 $1,198,000

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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
731 Chestnut Street #104 $880,000 2BR/2.5BA 1,085 Summer Brill, Dreyfus Sothebys

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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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