The San Carlos Real Estate Week in Review: 5/23/2016.
May 23, 2016
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.
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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) |
---|---|---|---|---|
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:
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.)
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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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