San Carlos Real Estate Agent, San Carlos Realtor The San Carlos Real Estate Week in Review: 7/10/2017. | The White Oaks Blog
San Carlos Real Estate July 10, 2017

The San Carlos Real Estate Week in Review: 7/10/2017.

by Chuck Gillooley

Last week was a tad slower than most weeks that we see in the San Carlos real estate market, which was to be expected with the shortened holiday week. Only two new listings decided to test the market during the holiday week, and that combined with the three homes that sold reduced the inventory of homes for sale back down in to the single digits.  This is great news if you’re selling your home, but not so good if you’re on the other side of the table.

But what’s interesting in the inventory numbers isn’t the fact that we only have 9 homes for sale right now – that has happened numerous times before, and it has even dipped lower on occasion. What’s more interesting about that group of homes is the average days on market (DOM), which now sits at 23 days and counting. This is almost double the average from just last week, and it essentially an indication that these homes have been on the market longer than the average time it takes a home to sell 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 7/9/2017:

San Carlos SFR Data 7/9/17 Prior Week
Closed Sales for the Week: 5 6
Average Sales Price: $2,100,400 $1,922,167
Median Sales Price: $2,175,000 $2,050,000
Average % Sold vs List Price: 96% 110%
Average DOM of Closed Sales 24 10
Average $/Sq Foot (Sold) $1,198 $922
No. of New Listings: 2 4
Total # of Active Listings: 9 10
Average Price of Active Listings: $2,312,533 $2,245,375
Average DOM of Active Listings: 23 13
Average $/Sq Foot (List) $1,096 $1,088
Total # of Homes Pending Sale: 21 23
Active-Pending Ratio: 0.43 : 1 0.43 : 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:

 

1360 Eaton Avenue
1360 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)
1360 Eaton Avenue $2,500,000 $3,675,000 -$1,175,000 (-32.0%) 43
10 El Sereno Drive $2,415,000 $2,395,000 +$20,000 (+0.8%) 7
1233 Greenbrier Road $2,175,000 $1,895,000 +$280,000 (+14.8%) 13
340 & 340B Laurel Street $1,800,000 $1,599,950 +$200,050 (+12.5%) 8
1747 Greenwood Avenue $1,612,000 $1,889,000 -$277,000 (-14.7%) 47

__________________________________________________________________

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
247 Fairmont Avenue 13 $1,395,000
96 Cedar Street 12 $1,425,000
100 Club Drive 9 $1,639,950

____________________________________________________________________

New Single-Family Home Listings in San Carlos:

 

3236 Brittan Avenue
3236 Brittan 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
3236 Brittan Avenue $1,699,000 3BR/3BA 1,820/12,096 David Woon, Coldwell Banker
208 Oakview Drive $1,420,000 3BR/2BA 1,400/5,500 Rumana Jabeen, Keller Williams

 

(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)
404 Portofino Drive #2 $870,000 $860,000 +$10,000 (+1.2%) 28
3334 Brittan Avenue #4 $823,000 $779,000 +$44,000 (+5.6%) 4

_____________________________________________________________________

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
3374 La Mesa Drive #3 16 $820,000

____________________________________________________________________

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
3316 Brittan Avenue #11 $799,000 2BR/2BA 1,040 Alice Morison, Coldwell Banker

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

__________________________________________________________________

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