San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 6/13/2016. | The White Oaks Blog
San Carlos Real Estate June 13, 2016

The San Carlos Real Estate Week in Review: 6/13/2016.

by Chuck Gillooley

The Scoop.

One trend that has been noted in the San Carlos real estate market lately is that it is taking a bit longer for houses to sell than it did at this time last year, or even just a few months ago. The average days on the market (DOM) for homes listed in San Carlos right now sits at almost a month, which was unheard of at any time last year. There are some spectacular homes available in San Carlos right now that are simply sitting, and it’s a prime reason why the inventory of homes for sale in San Carlos is staying up in the 20’s. And if the number of new listings continues to outpace the rate of pending sales, then that number may continue to grow.

Three of the five homes that went pending last week needed two full open house weekends to set the hook for a buyer, so clearly there’s a more deliberate pace to the market right now. We will dive into some of those numbers later this week on the site.

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 6/12/2016:

San Carlos Housing Data 6/12/16 Prior Week
Closed Sales for the Week: 9 4
Average Sold Price: $1,914,000 $1,646,250
Average $/Sq Foot (Sold) $989 $952
Average Sold as Percentage Of List Price: 114% 109%
Average DOM of Closed Sales 9 8
Total # of Homes Pending Sale: 34 37
No. of New Listings: 6 4
Total # of Active Listings: 22 22
Average Price of Active Listings: $2,020,529 $2,000,078
Average DOM of Active Listings: 27 27
Average $/Sq Foot (List) $860 $870
Active-Pending Ratio: 0.65 : 1 0.59 : 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:

1942 Carmelita Drive, San Carlos
1942 Carmelita 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)
1942 Carmelita Drive $3,025,000 $2,800,000 +$225,000 (+8.0%) 5
23 Whitman Court $2,350,000 $1,849,000 +$501,000 (+27.1%) 7
783 Crestview Drive $2,250,000 $1,988,000 +$262,000 (+13.2%) 12
308 Chesham Avenue $2,200,000 $1,998,000 +$202,000 (+10.1%) 10
1341 Saint Francis Way $1,730,000 $1,625,000 +$105,000 (+6.5%) 7
2691 San Carlos Avenue $1,595,000 $1,558,000 +$37,000 (+2.4%) 11
739 Dartmouth Avenue $1,551,000 $1,188,000 +$363,000 (+31.0%) 11
204 Manor Drive $1,300,000 $1,149,950 +$150,050 (+13.0%) 12
11 Willow Glen Way $1,225,000 $1,099,000 +$126,000 (+11.5%) 2

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
589 Emerald Avenue 10 $1,449,950
103 Club Drive 15 $1,725,000
7 Bay View Drive 13 $1,690,000
1281 Greenbrier Road 6 $2,198,000
43 Pine Avenue 16 $1,350,000

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:

423 Chestnut Street, San Carlos
423 Chestnut Street, 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
423 Chestnut Street $2,199,912 3BR/2.5BA 3,312/8,398 Donna Marie Baldwin, Coldwell Banker
1281 Greenbrier Road $2,198,000 3BR/2.5BA 2,010/7,200 Jennifer Liske, Pacific Union
2740 Bromley Drive $2,195,000 4BR/3BA 2,200/17,202 Elaine White, Coldwell Banker
160 Winding Way $1,950,000 5BR/3BA 3,065/10,800 John Shroyer, Today Sothebys
115 Chesham Avenue $1,248,000 3BR/2BA 1,390/5,663 Joe Parsons, Alain Pinel Realtors
2424 San Carlos Avenue $1,149,950 3BR/1BA 1,170/8,002 Donna Colangelo, 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)
17 Iris Lane $1,350,000 $1,198,000 +$152,000 (+12.7%)
11
31 Trillium Lane $1,200,000 $1,200,000 $0 (0%)
12

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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
2 Sorrel Lane 12 $1,128,000
3314 Brittan Avenue #8 12 $785,000

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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
$–

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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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