San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 6/5/2017. | The White Oaks Blog
San Carlos Real Estate June 5, 2017

The San Carlos Real Estate Week in Review: 6/5/2017.

by Chuck Gillooley

Buyers picked up right where they left off before the Memorial Day weekend in San Carlos.  During the shortened week, 5 homes went into contract and 6 new listings replaced them on the market.  That notched the net inventory up to 15 homes for sale in the city. The prices for sold homes remained very strong, with the average $/sq foot remaining above $1,000 for the third consecutive week while selling at nearly 9% above the asking price.

Activity should remain brisk for the next few weeks as the spring market starts to wind down and we head into the historically slower days of summer.  The 4th of July weekend traditionally marks the transition into the summer real estate market, when you should expect to see the pace of listings and sales drop off noticeably. Until then, home sellers who have yet to get their homes on the market should be working overtime to catch this window of opportunity

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 6/4/2017:

San Carlos SFR Data 6/4/17 Prior Week
Closed Sales for the Week: 7 11
Average Sales Price: $1,559,624 $2,048,455
Median Sales Price: $1,425,000 $1,750,000
Average % Sold vs List Price: 109% 114%
Average DOM of Closed Sales 9 7
Average $/Sq Foot (Sold) $1,070 $1,092
No. of New Listings: 6 6
Total # of Active Listings: 15 14
Average Price of Active Listings: $2,056,433 $1,803,607
Average DOM of Active Listings: 13 14
Average $/Sq Foot (List) $984 $923
Total # of Homes Pending Sale: 27 27
Active-Pending Ratio: 0.56 : 1 0.52 :

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:

 

2415 Eaton Avenue
2415 Eaton Avenue

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)
2415 Eaton Avenue $2,257,000 $1,850,000 +$407,000 (+22.0%) 7
224 Ruby Avenue $2,036,000 $1,998,000 +$38,000 (+1.9%) 7
120 Leslie Drive $1,750,120 $1,550,000 +$200,120 (+12.9%) 10
926 Laurel Street $1,425,000 $1,198,000 +$227,000 (+18.9%) 0
143 Beverly Drive $1,266,250 $1,300,000 -$33,750 (-2.6%) 0
222 Sycamore Street $1,233,000 $1,233,000 $0 (0%) 4
1058 Montgomery Street $950,000 $849,000 +$101,000 (+11.9%) 36

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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
2164 Brittan Avenue 39 $1,349,000
928 Holly Street 13 $899,000
975 Springfield Drive 6 $949,000
33 Cedar Street 7 $1,299,000
2616 Graceland Avenue 13 $2,498,000

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New Single-Family Home Listings in San Carlos:

 

135 Lynton Avenue
135 Lynton Avenue

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
135 Lynton Avenue $2,750,000 3BR/4BA 2,664/28,314 Julie Geyer, RE/MAX
57 Hilltop Drive $2,749,000 4BR/3BA 2,806/6,163 Peter Vece, Today Sothebys
517 Cedar Street $2,100,000 3BR/1BA 1,290/5,500 Bryce Cook, Dwell Realtors
1800 Howard Avenue $1,950,000 3BR/2BA 2,010/5,320 Sandra Yie, Alain Pinel Realtors
1233 Greenbrier Road $1,895,000 3BR/2BA 2,010/9,144 David Young, Coldwell Banker
17 Belvedere Avenue $1,495,000 3BR/2BA 1,420/6,000 Gordy Burton, 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)
434 Portofino Drive #304 $1,290,000 $1,128,000 +$162,000 (+14.4%) 6
3321 Brittan Avenue #11 $880,000 $795,000 +$85,000 (+10.7%) 10
3376 La Mesa Drive #5 $853,000 $785,000 +$68,000 (+8.7%) 10

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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
1456 San Carlos Avenue #202 11 $829,000

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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
645 Prospect Street #103 $979,000 2BR/2BA 1,567 Barbara Mecham, Mecham Realty
3334 Brittan Avenue #4 $779,000 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 sourc

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