free hit counter

Home » “The Week in Review” » Recent Articles:

The San Carlos Real Estate Week in Review: 11-10-12.

calendar8

San Carlos Real Estate Summary.

It was a pretty reasonable week in the world of San Carlos real estate, especially considering the season of the year and the time change.  Now that it’s completely dark by 5:30 in the evening, it’s very difficult to for most home buyers to view homes during the week unless they are able to sneak out during the day.  This, combined with the fact that Thanksgiving is less than two weeks away, will probably put a little damper on the market over the next few weeks.  But determined buyers will stay the course and will hopefully be rewarded for their perseverance, just as three other sets of buyers did this past week.

Here are the numbers for last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 11-10-2012:

San Carlos Housing Data 11-10-12 Prior Week
Closed Sales for the Week:
5 9
Average Sold Price
$1,139,000 $1,252,333 (-9%)
Average $/Sq Foot (Sold)
$600 $624
Sold Price vs Orig List (%) 103% 105%
Average DOM of Closed Sales 18 10
No. of Homes Pending Sale: 34 35
Inventory of Active Listings:
23 23 (0%)
Average Price of Active Listings: $1,648,469 $1,645,954
Average DOM of Active Listings: 62 57
Average $/Sq Foot (List) $581 $579
Active-Pending Ratio:
0.68 : 1 0.66 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 11-3-12.

calendar3

San Carlos Real Estate Summary.

Just when we thought we might be seeing a hint of a fall slow down in the San Carlos real estate market, the buyers lit up the scoreboard once again with a very robust week.   8 homes went pending during the week, including a couple of old-timers (by San Carlos standards) that had been on the market for over 100 and 200 days, respectively.   This burst of buying drove the inventory of available homes down to as low as 21 at one point during the week. It is still sitting at a lean 23 at the time of this post.

Sales prices remained very strong too, posting an average of 105% of the list price for closed sales this week.

Here are the numbers for last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 11-3-2012:

San Carlos Housing Data 11-3-12 Prior Week
Closed Sales for the Week:
9 5
Average Sold Price
$1,251,333 $1,092,040 (+15%)
Average $/Sq Foot (Sold)
$614 $519
Sold Price vs Orig List (%) 105% 94%
Average DOM of Closed Sales 10 52
No. of Homes Pending Sale: 35 34
Inventory of Active Listings:
23 28 (-18%)
Average Price of Active Listings: $1,645,954 $1,531,212
Average DOM of Active Listings: 57 62
Average $/Sq Foot (List) $579 $574
Active-Pending Ratio:
0.66 : 1 0.82 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 10-27-12.

calendar

San Carlos Real Estate Summary.

The final week of October is already upon us — it’s hard to fathom that the holidays are only about 8 weeks away.  Home sales remained steady this past week with 4 homes going into contract.  It was rumored that 3162 La Mesa Drive got nearly two dozen offers!  And 882 Hemlock Street, which will close escrow this week, actually sold with multiple offers before it ever hit the market.  So much for the market cooling off as we approach the end of the year.    If you are still hesitant about whether to list your home now, as opposed to waiting until next year, this should hopefully resolve any doubt about the strength of the market.

Here are the numbers for last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 10-27-2012:

San Carlos Housing Data 10-27-12 Prior Week
Closed Sales for the Week:
5 6
Average Sold Price
$1,092,040 $1,256,750 (-13%)
Average $/Sq Foot (Sold)
$519 $563
Sold Price vs Orig List (%) 94% 104%
Average DOM of Closed Sales 52 25
No. of Homes Pending Sale: 34 34
Inventory of Active Listings:
28 29 (-3.4%)
Average Price of Active Listings: $1,531,212 $1,406,602
Average DOM of Active Listings: 62 55
Average $/Sq Foot (List) $574 $579
Active-Pending Ratio:
0.82 : 1 0.85 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 10-20-12.

calendar8

San Carlos Real Estate Summary.

It was a surprisingly good showing this past week for real estate in San Carlos.  There were 8 new listings that debuted during the week, and 8 homes that went pending (two of which listed and pended in the same week).    And prices have continued to stay strong throughout the fall, as exemplified by this week’s closing sales that were 104% of the respective list prices, on average.  It appears that market activity will remain strong throughout the fall season here in San Carlos.

Here are the numbers for last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 10-20-2012:

San Carlos Housing Data 10-20-12 Prior Week
Closed Sales for the Week:
6 4
Average Sold Price
$1,256,750 $1,028,750 (+22%)
Average $/Sq Foot (Sold)
$563 $546
Sold Price vs Orig List (%) 104% 99%
Average DOM of Closed Sales 25 40
No. of Homes Pending Sale: 34 30
Inventory of Active Listings:
29 29 (0%)
Average Price of Active Listings: $1,406,602 $1,534,167
Average DOM of Active Listings: 55 58
Average $/Sq Foot (List) $579 $580
Active-Pending Ratio:
0.85 : 1 0.97 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 10-13-12.

calendar7

San Carlos Real Estate Summary.

Good weather and low interest rates are casting a favorable light on the San Carlos real estate market this fall.  The next 2-3 weeks should produce significant listing activity as sellers rush to get their homes on the market and hopefully sold before we arrive at the Thanksgiving holiday in about 6 weeks.   But in this market, I don’t think the holiday season is going to dampen the determination of home buyers in San Carlos.   So if you’re on the fence about selling your house in the fall, there’s absolutely no reason to wait.   The market conditions couldn’t be better sellers right now.

Here are the numbers for last week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 10-13-2012:

San Carlos Housing Data 10-13-12 Prior Week
Closed Sales for the Week:
4 4
Average Sold Price
$1,028,750 $1,061,000 (-3%)
Average $/Sq Foot (Sold)
$546 $597
Sold Price vs Orig List (%) 99% 101%
Average DOM of Closed Sales 40 41
No. of Homes Pending Sale: 30 30
Inventory of Active Listings:
29 31 (-6.5%)
Average Price of Active Listings: $1,534,167 $1,475,237
Average DOM of Active Listings: 58 49
Average $/Sq Foot (List) $580 $589
Active-Pending Ratio:
0.97 : 1 1 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 10-6-12.

calendar2

San Carlos Real Estate Summary.

We’re now now in the mid-stretch of the fall real estate market, and there are no signs that activity is abating.  There were 7 new listings this week that should garner quite a bit of attention with the San Carlos home buying contingent, and there will be a few more in the coming weeks that should be of great interest, too.  From all indications, we’re in for a busy winter season.   With rates staying at historic lows and buyers still outnumbering sellers by a crazy margin, it’s looking we’ll see a very active real estate market all the way through the end of the year.  This would be a big change from normal years, when the market essentially hibernates right after Thanksgiving weekend.

Here are the numbers for the week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 10-6-2012:

San Carlos Housing Data 10-6-12 Prior Week
Closed Sales for the Week:
4 6
Average Sold Price
$1,061,000 $946,548 (+12.1%)
Average $/Sq Foot (Sold)
$597 $628
Sold Price vs Orig List (%) 101% 103%
Average DOM of Closed Sales 41 14
No. of Homes Pending Sale: 30 32
Inventory of Active Listings:
31 28 (-%)
Average Price of Active Listings: $1,475,237 $1,564,710
Average DOM of Active Listings: 49 52
Average $/Sq Foot (List) $589 $591
Active-Pending Ratio:
1 : 1 0.9 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 9-29-12.

calendar1

San Carlos Real Estate Summary.

One segment of the market that doesn’t get much airplay on this site is the condo/townhouse market.  It’s a smaller segment than the single-family home market in San Carlos, but no less important.  When the market tanked about 4 years ago, this market really took a beating — much more so than homes.  The rate of short sales and foreclosures was far higher than the rest of the market in San Carlos as investors and owners in this segment were wiped out by the steep drop in values.

But the condo/townhouse segment has made a nice, steady recovery over the past 12 months.  Prices have steadily climbed as buyers and investors swooped in to pick up some pretty good values.  Many of the foreclosures and short sales are now off the books, and this market is as hotly contested as the market for single family residences.  In fact, as of this post there are NO condos or townhomes for sale in the entire city of San Carlos!    So it shouldn’t be a surprise when you see the strong sales prices that are posted below for the most recent condo sales.

Here are the numbers for the week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 9-29-2012:

San Carlos Housing Data 9-29-12 Prior Week
Closed Sales for the Week:
6 2
Average Sold Price
$946,548 $661,250 (+43%)
Average $/Sq Foot (Sold)
$628 $642
Sold Price vs Orig List (%) 103% 105%
Average DOM of Closed Sales 14 8
No. of Homes Pending Sale: 32 31
Inventory of Active Listings:
28 31 (-9.7%)
Average Price of Active Listings: $1,564,710 $1,502,452
Average DOM of Active Listings: 52 52
Average $/Sq Foot (List) $591 $590
Active-Pending Ratio:
0.9 : 1 1.1 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

The San Carlos Real Estate Week in Review: 9-22-12.

calendar6

San Carlos Real Estate Summary.

The numbers were down a bit this week as you can see from the statistics below.  There were fewer new listings, pending sales, and closed escrows than what we’ve been seeing over the past few months.  But this is in stark contrast to the activity that’s still going on in the San Carlos real estate market.  Open houses were packed yesterday, and there are still hordes of buyers looking for that right place.  In a normal year, you probably wouldn’t put your home on the market for the first time in October and definitely not in November — but this year, that wouldn’t matter.  The way things are going with demand vs inventory, you could list the home on December 24th, and it would still get the same traffic as it would right now.

Here are the numbers for the week:

By The Numbers.

Below is a high-level snapshot of the market performance for single-family residences in San Carlos. This data is for the week ending 9-22-2012:

San Carlos Housing Data 9-22-12 Prior Week
Closed Sales for the Week:
2 6
Average Sold Price
$661,250 $1,101,667 (-40%)
Average $/Sq Foot (Sold)
$642 $641
Sold Price vs Orig List (%) 105% 102%
Average DOM of Closed Sales 8 23
No. of Homes Pending Sale: 31 28
Inventory of Active Listings:
31 31 (0%)
Average Price of Active Listings: $1,502,452 $1,530,062
Average DOM of Active Listings: 52 48
Average $/Sq Foot (List) $590 $581
Active-Pending Ratio:
1 : 1 1.1 : 1

>>> Click Here to Read the Full Post
_____________________________________________________________________________

Are you ready to step up to the most comprehensive data available about the San Carlos Real Estate market? Then subscribe to the White Oaks Blog for free by clicking here. Be sure to follow the White Oaks Blog on Facebook at https://Facebook.com/WhiteOaksBlog , and on Twitter @WhiteOaksBlog.
Get the best coverage on the San Carlos real estate market delivered right to you!
_____________________________________________________________________________

GD Star Rating
loading...
GD Star Rating
loading...

Chuck’s Recent Sales

Put my experience to work for you!

I've helped over 50 families make their next move in the City of San Carlos, and many more in the surrounding communities. Click the sign below to see a list of all the homes that I have helped my clients buy or sell!

Chuck's Sales Production

Subscribe to the Blog via Email

Enter your email address to subscribe to the White Oaks Blog, and receive notifications of new posts by email. No spam....ever. Promise.

San Carlos Home Search


Click the picture below to see ALL of the homes that are currently for sale in San Carlos!

San Carlos Home Search

Open House: San Carlos


Click the Open House sign below to see ALL of the homes, townhomes, and condos that will be open in San Carlos this weekend!

San Carlos Open House

The White Oaks Blog is created by:

Chuck Gillooley


Chuck Gillooley
Realtor, Principal
Dwell Realtors, Inc.

(650) 207-2024
BRE# 01750684
Email: Chuck Gillooley
Website: http://cghomes.net
Facebook: http://facebook.com/WhiteOaksBlog



Chuck Gillooley

Chuck Gillooley - Agent with Dwell Realtors, Inc.


Top Agent Network


Testimonials

"But the best thing about Chuck is that he is a caring, considerate, and helpful – and just an all-around nice guy. I already told him that if the need arose, I’d use him again.”

Joanne E., San Carlos

San Carlos Weather

On This Day…



Related posts: