San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 8/15/2016. | The White Oaks Blog
San Carlos Real Estate August 15, 2016

The San Carlos Real Estate Week in Review: 8/15/2016.

by Chuck Gillooley

The buyers are back. Unlike the previous week, when they plucked only one house out of the San Carlos inventory, home buyers were very back in force last week. Nine single-family homes were put into contract over the past seven days, but only two new listings joined the party. That imbalance dropped the inventory of homes for sale in San Carlos back down to 16, which is a level we have not seen in a month or so. I don’t expect that it will stay that low for very long.

We are now at the mid-point of August when most people are wrapping up their summer vacations. It also marks the very beginning of the fall real estate market, where the early bird sellers get a jump on their competition by putting their homes on the market before Labor Day weekend. Home buyers can probably expect to see listing activity pick up significantly starting the next 7-14 days.

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 (SFR) in San Carlos. This data is for the 7-day period ending Sunday 8/14/2016:

San Carlos SFR Data 8/14/16 Prior Week
Closed Sales for the Week: 9 7
Average Sold Price: $1,772,667 $1,696,821
Average $/Sq Foot (Sold) $981 $852
Average % List Price: 103% 100%
Average DOM of Closed Sales 22 29
Total # of Homes Pending Sale: 22 20
No. of New Listings: 2 7
Total # of Active Listings: 16 25
Average Price of Active Listings: $1,878,056 $1,749,474
Average DOM of Active Listings: 32 33
Average $/Sq Foot (List) $881 $884
Active-Pending Ratio: 0.7 : 1 1.3 : 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:

 

2740 Bromley Drive, San Carlos
2740 Bromley 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)
118 Dale Avenue $3,100,000 $2,900,000 +$200,000 (+6.9%) 0
2740 Bromley Drive $2,195,000 $2,195,000 $0 (0%) 31
932 Heather Drive $2,165,000 $2,199,000 -$34,000 (-1.5%) 89
3469 La Mesa Drive $1,858,000 $1,675,000 +$183,000 (+10.9%) 12
1985 Eaton Avenue $1,610,000 $1,650,000 -$40,000 (-2.4%) 0
382 Beverly Drive $1,540,000 $1,540,000 $0 (0%) 15
2230 Saint Francis Way $1,425,000 $1,299,000 +$126,000 (+9.7%) 1
14 Garden Lane $1,210,000 $1,350,000 -$140,000 (-10.4%) 42
1012 Sylvan Drive $851,000 $750,000 +$101,000 (+13.5%) 5

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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
2209 Carmelita Drive 95 $2,598,000
1973 Saint Francis Way 40 $1,698,000
1027 Riverton Drive 14 $1,199,000
1357 Rosewood Avenue 12 $1,280,000
1108 Royal Lane 98 $1,425,000
153 Fairbanks Avenue 56 $1,448,000
2428 San Carlos Avenue 7 $1,288,000
2148 Brittan Avenue 8 $849,950
807 Cedar Street 9 $1,849,950

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New Single-Family Home Listings in San Carlos:

 

107 Dartmouth Avenue, San Carlos
107 Dartmouth 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
107 Dartmouth Avenue $1,599,000 3BR/3BA 2,980/11,199 Diane Wilson, Intero
1066 Porto Marino Drive $1,595,000 3BR/2BA 1,760/7,301 Alexander Lehr, Lehr Realty

 

(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)
731 Chestnut Street #113 $800,000 $800,000 $0 (0%)
0

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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
3366 Brittan Avenue #10 7 $789,000

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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
633 Elm Street #402 $819,000 1BR/1BA 774 Brian Wilson, Realty World

Disclaimer: The “San Carlos Week in Review” series is a summary of new listings and home sales in San Carlos for the prior week. The data provided in this report is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction unless explicitly stated otherwise. The source of this data is the Multiple Listing Service (MLS), so the author is in now way responsible for the accuracy of the data from this source.

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