San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 10/31/2016. | The White Oaks Blog

The San Carlos Real Estate Week in Review: 10/31/2016.

by Chuck Gillooley

Happy Halloween, San Carlos!! Buyers were definitely the story this week in the local real estate market. Despite the inclement weather and the shortening days, home buyers took 9 homes into contract this week, which is a pretty strong number for this time of year. But despite the large overall number, it’s interesting to note that it takes longer for houses to get into contract this time of year. Unlike the Spring market when you can have sufficient interest to take offers after only one open house weekend, it often takes 2-3 weekends of showings before the right buyer is found. Home buyers are simply more distracted during the fall, with school activities, weekend sports, and of course, the approaching holidays. But they are definitely still out there.

As we say goodbye to October today and head into November, it will be interesting to see how much these factors will impact what has been a surprisingly steady pace in San Carlos.

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 10/30/2016:

San Carlos SFR Data 10/30/16 Prior Week
Closed Sales for the Week: 11 7
Average Sold Price: $1,509,800 $1,727,286
Average % List Price: 105% 102%
Average DOM of Closed Sales 31 28
Average $/Sq Foot (Sold) $878 $920
No. of New Listings: 6 8
Total # of Active Listings: 20 23
Average Price of Active Listings: $1,849,187 $1,955,595
Average DOM of Active Listings: 24 26
Average $/Sq Foot (List) $849 $813
Total # of Homes Pending Sale: 27 29
Active-Pending Ratio: 0.74 : 1 0.79 : 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 Residences Sold:

 

2425 Melendy Drive
2425 Melendy Drive

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)
2425 Melendy Drive $2,060,000 $1,699,000 +$361,000 (+21.2%) 9
865 Somerset Court $1,825,000 $1,799,000 +$26,000 (+1.4%) 45
160 Winding Way $1,800,000 $1,850,000 -$50,000 (-2.7%) 113
1300 Magnolia Avenue $1,575,000 $1,498,000 +$77,000 (+5.1%) 11
1920 Howard Avenue $1,555,000 $1,449,000 +$106,000 (+7.3%) 11
1381 Alameda de las Pulgas $1,525,000 $1,475,000 +$50,000 (+7.3%) 14
1358 Woodland Avenue $1,318,800 $1,189,000 +$129,800 (+10.9%) 11
964 Lupin Way $1,299,000 $1,399,000 -$100,000 (-7.1%) 30
1833 Brittan Avenue $1,220,000 $998,000 +$222,000 (+22.2%) 18
84 Fay Avenue $1,079,000 $1,195,000 -$116,000 (-9.7%) 63

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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
3198 La Mesa Drive 47 $1,799,999
940 Crestview Drive 12 $1,895,000
596 Club Drive 57 $3,400,000
16 Miramonte Court 14 $1,498,000
86 Madrona Street 100 $3,495,000
75 Hilltop Drive 11 $1,978,000
1983 Belle Avenue 7 $1,259,000
830 Crestview Drive 9 $1,998,000
3101 Melendy Drive 16 $1,788,888

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New Single-Family Home Listings in San Carlos:

 

16 Madrona Street
16 Madrona Street

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
16 Madrona Street $2,799,000 3BR/3BA 2,224/8,647 Vincent Armando, Armando Investment
2607 Graceland Avenue $2,295,000 3BR/3BA 2,400/18,239 Jackie Cockreham, Today Sothebys
785 Cordilleras Avenue $1,995,000 4BR/3BA 2,080/7,501 John Shroyer, Today Sothebys
232 Beverly Drive $1,698,000 4BR/3BA 1,947/6,400 Mark Tauber, Coldwell Banker
2047 Arroyo Avenue $1,449,950 4BR/2BA 2,150/5,000 Maxine & Michelle, Dumas & Company
1011 Hall Street $880,000 2BR/1BA 910/4,352 Kelly Clarke, Coldwell Banker

 

(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)
2 Honeysuckle Lane $1,555,000 $1,498,000 +$57,000 (+3.8%)
13
408 Portofino Drive #2 $866,250 $865,000 +$1,250 (+0.1%)
19
3383 Brittan Avenue #11 $860,000 $800,000 +$60,000 (+7.5%)
12
307 Old County Road #4 $825,000 $838,000 -$13,000 (-1.6%)
81

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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
3378 Brittan Avenue #16 12 $829,000
641 Cedar Street #105 16 $915,000

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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
731 Chestnut Street #113 $888,000 2BR/2.5BA 1,044 Lynn Lin, Ace Reliant

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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