San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 10/17/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 10/17/2016.

by Chuck Gillooley

The ebb and flow of the real estate market this time of year can be simply amazing. Last week, we only saw one new listing hit the market, and the inventory dropped to 12 homes for sale. Then, another 8 homes to hit the market, and we are back up to 20. It is very hard to predict what is going to happen week to week this time of the year, but sellers do know that they need to get their homes on the market fairly soon to take advantage of the extra daylight and decent weather.  And this past weekend, we only had one of the two.

What will this week bring? I think you’ll see a continued push of new listings hitting the market as sellers catch the trailing edge of the Fall real estate market. There are still 2.5 weekends of full daylight left until Daylight Savings Time ends, so I expect that activity will be brisk until that point.

 

 

 

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 10/16/2016:

San Carlos SFR Data 10/16/16 Prior Week
Closed Sales for the Week: 4 7
Average Sold Price: $1,624,750 $1,773,571
Average $/Sq Foot (Sold) $955 $938
Average % List Price: 105% 106%
Average DOM of Closed Sales 8 10
Total # of Homes Pending Sale: 30 32
No. of New Listings: 8 1
Total # of Active Listings: 20 12
Average Price of Active Listings: $2,042,542 $2,179,158
Average DOM of Active Listings: 26 17
Average $/Sq Foot (List) $822 $814
Active-Pending Ratio: 0.67 : 1 0.38 : 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:

 

229 Park Avenue, San Carlos
229 Park 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)
229 Park Avenue $2,349,000 $2,349,000 $0 (0%) 1
2640 Howard Avenue $1,775,000 $1,698,000 +$77,000 (+4.5%) 4
208 Oakview Drive $1,285,000 $1,099,000 +$186,000 (+16.9%) 9
1733 Alameda de las Pulgas $1,090,000 $1,090,000 $0 (0%) 18

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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
3218 La Mesa Drive 10 $1,999,950
228 Manor Drive 17 $1,495,000

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New Single-Family Home Listings in San Carlos:

 

118 Crestview Drive, San Carlos
118 Crestview Drive, 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
118 Crestview Court $2,295,000 5BR/3BA 2,960/17,158 Joe Bentley, Alain Pinel Realtors
696 Cordilleras Avenue $2,050,000 5BR/3BA 2,660/12,001 David Young, Coldwell Banker
940 Crestview Drive $1,895,000 5BR/3.5BA 3,160/9,126 Val Vandervort, KW
3101 Melendy Drive $1,788,888 3BR/2BA 2,080/10,799 Diana Nemirovsky, KW
1561 Greenwood Avenue $1,698,000 3BR/2BA 1,640/5,080 Sandra Yie, Alain Pinel Realtors
228 Shelford Avenue $1,698,000 4BR/2BA 1,756/6,050 Julie Vejmola, Coldwell Banker
1914 Arroyo Avenue $1,550,000 3BR/2BA 2,170/5,502 Joe Haws, Dwell Realtors
1661 Brittan Avenue $998,000 2BR/1BA 1,030/5,798 Suzanne Bowler, KW

 

(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)
416 Portofino Drive #302 $909,999 $949,999 -$40,000 (-4.2%)
50
3358 La Mesa Drive #3 $825,000 $788,000 +$37,000 (+4.7%)
97
3319 Brittan Avenue #15 $810,000 $839,000 -$29,000 (-3.5%)
25

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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
430 Portofino Drive #503 $1,429,000 3BR/2BA 2,054 Brandon Moore, VIP
641 Cedar Street #105 $915,000 2BR/2BA 1,085 Emma Fernandez, Coldwell Banker
3378 Brittan Avenue #16 $829,000 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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