San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 5/23/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 5/23/2016.

by Chuck Gillooley

The Scoop.

Home buyers stole the stage last week in San Carlos. There were almost twice as many single-family homes that went into contract (10) than there were new listings (6). This served to pull the inventory of homes for sale down a bit to 24 homes. That’s still higher than what we have been accustomed to for most of this spring, and it will still be a bit of a challenge to digest all of these listings. But clearly, buyers were out in droves last week looking at homes. It’s either that they are pushing to lock up their purchase before the summer vacation months hit, or they simply have more time now to seriously look for a home. Either way, the activity is definitely up, and should continue into next week.

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 5/22/2016:

San Carlos Housing Data 5/22/16 Prior Week
Closed Sales for the Week: 4 4
Average Sold Price: $2,088,750 $2,030,000
Average $/Sq Foot (Sold) $838 $1,072
Average Sold as Percentage Of List Price: 109% 114%
Average DOM of Closed Sales 7 15
Total # of Homes Pending Sale: 32 25
No. of New Listings: 6 9
Total # of Active Listings: 24 29
Average Price of Active Listings: $1,989,611 $1,905,159
Average DOM of Active Listings: 21 20
Average $/Sq Foot (List) $871 $875
Active-Pending Ratio: 0.8 : 1 1.2 : 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:

2504 Melendy Drive, San Carlos
2504 Melendy Drive, 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)
2504 Melendy Drive $2,355,000 $2,199,000 +$156,000 (+7.1%) 8
23 Williams Lane $2,100,000 $1,695,000 +$405,000 (+23.9%) 0
107 Windsor Drive $2,000,000 $1,848,481 +$151,519 (+8.2%) 9
59 Bayview Drive $1,900,000 $1,998,000 -$98,000 (-4.9%) 12

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
2 Sudan Lane 7 $3,150,000
1230 Highland Court 10 $1,799,950
11 Willow Glen Way 2 $1,099,000
1975 Arroyo Avenue 11 $1,295,000
1338 Woodland Avenue 33 $1,549,000
90 Bayport Court 34 $1,350,000
1363 Chestnut Street 12 $1,195,000
142 Plymouth Avenue 6 $1,899,000
128 Hillcrest Road 14 $2,149,000
115 Los Vientos Way 27 $1,800,000

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:

113 Colton Avenue, San Carlos
113 Colton 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
1857 Elizabeth Street $3,300,000 4BR/4BA 3,195/18,0036 David Young, Coldwell Banker
113 Colton Avenue $2,995,000 5BR/4BA 3,601/5,714 Sarah Ravella, Dwell Realtors
10 Shratton Avenue $1,999,000 3BR/3BA 2,610/7,701 Vincent Cheng, Vista Investment
1460 Cordilleras Avenue $1,798,000 4BR/3BA 2,380/4,440 Sandy Rostad, Coldwell Banker
922 Cordilleras Avenue $1,795,000 5BR/3BA 2,375/6,400 Mark Campana, Anchor Realty
2092 Greenwood Avenue $1,149,000 2BR/1BA 970/4,280 Cy Rinck, Justine Ford & Associates

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)
3348 La Mesa Drive #13 $940,000 $949,950 -$9,950 (-1.0%)
0
3354 Brittan Avenue #16 $860,000 $849,000 +$11,000 (+1.3%)
11

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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
618 Walnut Street #402 $988,000 1BR/1BA 941 David Young, Coldwell Banker
775 Chestnut Street #11 $835,000 2BR/2BA 1,290 Carrie Du Bois, Coldwell Banker
772 Walnut Street #5 $728,000 2BR/1.5BA 970 Ellen Larios, Today 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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