Happy Memorial Day, San Carlos! We are nearing the end of what has been an extremely busy month for San Carlos residential real estate. Even this past week saw quite a bit of activity, despite the fact that we were heading into a long weekend and many people opt to get out of Dodge a little early.
There were nine new single family residence listings to hit the market last week in San Carlos, which is a strong number considering the pace of new listings that we have seen so far this year. But an equal number of homes also went into contract during the same time period, thus keeping our inventory at the roughly the same level as the prior week. But regardless of the activity, it’s still a bit surprising to see the inventory sitting in the mid-high 2o range for as many weeks as it has. I will publishing some stats later this week that may give us a good idea why this is happening.
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 5/29/2016:
|San Carlos Housing Data||5/29/16||Prior Week|
|Closed Sales for the Week:||6||4|
|Average Sold Price:||$2,018,667||$2,088,750|
|Average $/Sq Foot (Sold)||$907||$838|
|Average Sold as Percentage Of List Price:||102%||109%|
|Average DOM of Closed Sales||13||7|
|Total # of Homes Pending Sale:||36||32|
|No. of New Listings:||9||6|
|Total # of Active Listings:||24||25|
|Average Price of Active Listings:||$1,858,447||$1,989,611|
|Average DOM of Active Listings:||21||21|
|Average $/Sq Foot (List)||$849||$871|
|Active-Pending Ratio:||0.67 : 1||0.8 : 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)|
|339 Cedar Street||$2,610,000||$2,795,000||-$185,000 (-6.6%)||47|
|348 Oakview Drive||$2,400,000||$2,388,000||+$12,000 (+0.5%)||12|
|304 De Anza Avenue||$2,420,000||$2,400,000||+$20,000 (+0.8%)||2|
|2211 Howard Avenue||$1,800,000||$1,548,000||+$252,000 (+16.3%)||8|
|1005 Buckland Avenue||$1,542,000||$1,542,000||$0 (0%)||0|
|1975 Arroyo Avenue||$1,340,000||$1,295,000||+$45,000 (+3.5%)||11|
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|
|131 Coronado Avenue||27||$1,749,000|
|1567 Greenwood Avenue||19||$1,488,888|
|739 Dartmouth Avenue||12||$1,188,000|
|448 Emerald Avenue||13||$1,550,000|
|110 Edgehill Drive||24||$1,750,000|
|1601 Arroyo Avenue||10||$1,799,000|
|922 Cordilleras Avenue||9||$1,795,000|
|26 Cobblestone Lane||41||$2,495,000|
|113 Colton Avenue||9||$2,995,000|
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|
|1089 Lupin Way||$1,798,000||4BR/2.5BA||1,960/7,749||Lynn Carteris, Keller Williams|
|103 Club Drive||$1,725,000||3BR/2.5BA||1,931/12,025||Trish Ward, Keller Williams|
|1335 Crestview Drive||$1,698,000||5BR/3BA||2,720/7,601||Bob Bredel, Dwell Realtors|
|7 Bay View Drive||$1,690,000||5BR/3BA||2,640/6,599||Jackie Schoelerman, Coldwell Banker|
|237 Oakview Drive||$1,548,000||3BR/2BA||2,160/5,750||Loren Dakin, Alain Pinel Realtors|
|589 Emerald Avenue||$1,449,950||3BR/1.5BA||1,580/5,502||Maxine Dumas, Dumas & Company|
|1362 Woodland Avenue||$1,399,000||3BR/3BA||1,290/4,038||Dominic Nicoli, Intero|
|43 Pine Avenue||$1,350,000||2BR/1.5BA||1,390/6,042||Debbie Wilhelm, Coldwell Banker|
|1015 Riverton Drive||$1,149,000||3BR/2BA||1,685/5,001||Alex Lehr, Lehr Realty|
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)
|772 Walnut Street #3||$780,000||$688,000|| +$92,000 (+13.4%)
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|
|772 Walnut Street #5||5||$728,000|
|416 Portofino Drive #206||47||$799,000|
|731 Chestnut Street #104||16||$880,000|
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|
|2 Sorrel Lane||$988,000||3BR/2.5BA||1,709||Eric Lin, RE/MAX|
|3314 Brittan Avenue #8||$785,000||2BR/2BA||1,040||Liza Vernazza, Keller Williams|
|222 Laurel Street #208||$499,000||1BR/1BA||702||Max Reinhardt, Keller Williams|
(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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