San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 2/20/2017. | The White Oaks Blog
San Carlos Real Estate February 20, 2017

The San Carlos Real Estate Week in Review: 2/20/2017.

by Chuck Gillooley

What’s evident after watching this market closely for the past 7 weeks is that we are still in the middle of a very strong seller’s market right here in San Carlos, and all along the Peninsula. We have not been able to establish any level of inventory for buyers to mull over. Homes are being consumed at the same rate as new listings, which is keeping the inventory pretty close to single digits in San Carlos. Last week was a prime example of that, with 7 homes being snapped up by buyers, and only 6 listings coming online to replace them.

There will be a few more weeks of tough sledding for buyers before we can start to accumulate some inventory when the main stretch of the Spring market hits. This will help alleviate some of the continual upward pressure on price…if it indeed happens.

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 2/19/2017:

San Carlos SFR Data 2/19/17 Prior Week
Closed Sales for the Week: 5 4
Average Sold Price: $1,527,000 $2,240,500
Average % of List Price: 110% 101%
Average DOM of Closed Sales 9 18
Average $/Sq Foot (Sold) $1,058 $937
No. of New Listings: 5 6
Total # of Active Listings: 9 10
Average Price of Active Listings: $1,504,211 $1,631,295
Average DOM of Active Listings: 8 10
Average $/Sq Foot (List) $881 $1,057
Total # of Homes Pending Sale: 19 18
Active-Pending Ratio: 0.47 : 1 0.56 : 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

____________________________________________________________________

San Carlos Single-Family Residences Sold:

142 Plymouth Avenue, San Carlos
142 Plymouth 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)
142 Plymouth Avenue $2,180,000 $2,176,000 +$4,000 (+0.1%) 11
136 Lyndhurst Avenue $1,700,000 $1,348,000 +$352,000 (+26.1%) 7
2266 Brittan Avenue $1,435,000 $1,388,000 +$47,000 (+3.4%) 11
1723 Alameda de las Pulgas $1,190,000 $1,098,000 +$92,000 (+8.4%) 6
961 Cherry Street $1,130,000 $995,000 +$135,000 (+13.6%) 8

__________________________________________________________________

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
1348 Cedar Street 53 $2,100,000
1832 Chestnut Street 12 $1,549,000
102 Palm Avenue 10 $1,249,000
105 Manor Drive 11 $1,498,000
1340 Hull Drive 9 $1,295,000
240 Bay View Drive 8 $1,625,000

____________________________________________________________________

New Single-Family Home Listings in San Carlos:

 

1616 Chestnut Street
1616 Chestnut 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
1616 Chestnut Street $1,645,000 3BR/2BA 1,640/4,400 Sophie Xu, Keller WIlliams
133 Madera Avenue $1,550,000 3BR/2BA 1,505/7,095 Danny Burgess, Keller Williams
1671 Hull Drive $1,348,000 3BR/2BA 1,690/5,800 Holly Noto, Coldwell Banker
1016 Inverness Drive $1,249,000 4BR/2.5BA 1,620/5,000 Joe Rodden, Berkshire Hathaway
1643 Alameda de las Pulgas $849,950 2BR/1BA 900/4,520 David Blewett, Intero

 

(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

____________________________________________________________________

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)
772 Walnut Street #10 $850,000 $849,000 +$1,000 (0.1%)
30
757 Elm Street #8 $775,000 $775,000 $0 (0%)
21

_____________________________________________________________________

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
3331 La Mesa Drive #2 5 $749,000
416 Portofino Drive #201 21 $875,000
3 Buttercup Lane 13 $1,198,000
2 Meadowsweet Lane 8 $1,175,000

____________________________________________________________________

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
$–

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 source1

__________________________________________________________________

Welcome to to the White Oaks Blog — the most widely read blog dedicated to the San Carlos real estate market! Have blog updates sent to you automatically by subscribing for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Don’t miss a single update!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...
Leave a comment