The San Carlos Real Estate Week in Review: 8/22/2016.

August 22, 2016

1100-Woodland-Avenue

It's back to school time in San Carlos, as most of the public and private schools kicked off their 2016-17 school year starting last week. This is significant because it marks the unofficial start of the Fall real estate market in San Carlos. There was a time when that didn't happen until after Labor Day weekend, but with school start date inching earlier every year, it seems as is if the we kick into gear a few days earlier every year.

This is usually great news for home buyers, since we have historically seen a spike in new listings over the first 3-4 weeks of the fall market, as sellers look to get their homes sold well before we start to settle in for the holidays. This makes it that much more important for buyers to stay on task as the inventory starts to turn with greater frequency.

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 8/21/2016:

San Carlos SFR Data 8/21/16 Prior Week
Closed Sales for the Week: 4 9
Average Sold Price: $1,657,250 $1,772,667
Average $/Sq Foot (Sold) $799 $981
Average % List Price: 103% 103%
Average DOM of Closed Sales 31 22
Total # of Homes Pending Sale: 22 22
No. of New Listings: 7 2
Total # of Active Listings: 20 16
Average Price of Active Listings: $1,808,250 $1,878,056
Average DOM of Active Listings: 23 32
Average $/Sq Foot (List) $901 $881
Active-Pending Ratio: 0.9 : 1 0.7 : 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:

 

1100 Woodland Avenue, San Carlos

1100 Woodland Avenue, 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)
1100 Woodland Avenue $1,749,000 $1,888,888 -$139,888 (-7.4%) 97
723 Orange Avenue $1,680,000 $1,495,000 +$185,000 (+12.4%) 7
3184 Brittan Avenue $1,600,000 $1,595,000 +$5,000 (+0.3%) 10
2430 Eaton Avenue $1,600,000 $1,498,000 +$102,000 (+0.3%) 8

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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
101 Vine Street 14 $1,598,000
74 Cedar Street 21 $1,350,000
948 Alameda de las Pulgas 117 $1,599,000
71 Madera Avenue 14 $1,895,000

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New Single-Family Home Listings in San Carlos:

 

980 Alameda de las Pulgas, San Carlos

980 Alameda de las Pulgas, 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
980 Alameda de las Pulgas $2,298,000 4BR/3.5BA 2,911/6,316 Bob Bredel, Dwell Realtors
8 El Sereno Drive $1,998,000 3BR/3.5BA 2,080/4,900 Brian Ayer, Dreyfus Sothebys
578 Cedar Street $1,850,000 4BR/2BA 2,075/6,500 Brendan Leary, Sereno Group
819 Rutherdale Avenue $1,625,000 3BR/2BA 1,710/9,030 David Young, Coldwell Banker
964 Lupin Way $1,399,000 4BR/2BA 1,760/7,500 Anthony Peterson, AMP Properties
1525 Greenwood Avenue $1,150,000 2BR/1BA 1,030/5,040 Carrie Du Bois, Coldwell Banker
1733 Alameda de las Pulgas $1,090,000 3BR/1.5BA 1,230/3,400 Joyce & Tatum, Dwell Realtors

 

(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)
641 Cedar Street #303 $1,315,000 $1,328,000 -$13,000 (-1.0%)
29
3358 La Mesa Drive #11 $830,000 $849,000 -$19,000 (-2.2%)
29

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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
3319 Brittan Avenue #15 $839,000 2BR/2BA 1,040 Sean Clar, RE/MAX

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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