The San Carlos Real Estate Week in Review: 2-18-12.
February 19, 2012
San Carlos Real Estate Summary.
The Spring real estate market jumped to life this past week in San Carlos. Buyers snapped up 10 homes during the week, and there were 6 new listings to complement several homes that were making a repeat visit to the active list. This balance of pending sales and active listings kept the inventory almost unchanged, which is still unusually low for this time of year.
The good news is that new listings are starting to spring up (no pun intended), which should give frustrated buyers a bit more choice to find the right place.
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 2-18-2012:
| San Carlos Housing Data | 2-18-12 | Prior Week |
|---|---|---|
| Closed Sales for the Week: |
3 | 5 |
| Average Sold Price |
$825,000 | $848,100 (-2.7%) |
| Average $/Sq Foot |
$437 | $487 |
| Sold Price vs Orig List (%) | 89% | 91% |
| Average DOM of Closed Sales | 113 | 73 |
| Inventory of Active Listings: |
27 | 26 (+3.8%) |
| Average Price of Active Listings: | $977,222 | $1,031,255 (-5.2%) |
| Average DOM of Active Listings: | 79 | 95 |
| No. of Homes Pending Sale: | 36 | 32 |
| Active-Pending Ratio: |
0.8 : 1 | 0.8 : 1 |
The San Carlos Open House Page.
If you're looking at open houses this weekend in San Carlos here's the only link you'll need: The San Carlos Open House Page. With one click, 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.
Single-Family Homes SOLD in 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 |
|---|---|---|---|---|
| 149 Crestview Drive |
$1,190,000 | $1,398,000 | -$208,000 (-14.9%) |
261 |
| 68 Fay Avenue |
$570,000 | $639,900 | -$69,900 (-10.9%) |
78 |
| 379 De Anza Avenue |
$715,000 | $749,000 | -$34,000 (-4.5%) |
1 |
___________________________________________________________________
Single-Family Homes Pending Sale in San Carlos:
The following homes went “Pending Sale” this week. Click on the address of any of these homes for additional info:
| Address | DOM (days) | List Price |
|---|---|---|
| 1119 Alameda |
48 | $749,950 |
| 142 Coronado Avenue |
15 | $1,169,000 |
| 919 Woodland Avenue |
7 | $699,000 |
| 3024 Brittan Avenue | 218 | $788,000 |
| 1322 White Oak Way | 192 | $1,435,000 |
| 1029 Elm Street | 47 | $1,268,888 |
| 18 Maple Way |
107 | $822,000 |
| 1944 Arroyo Avenue |
0 | $869,000 |
| 18 Maple Way | 107 | $822,000 |
| 168 Mesa Verde Way | 7 | $1,598,000 |
___________________________________________________________________
New Single-Family Home Listings in San Carlos:
Below are the new listings that hit the market this past week in San Carlos. Simply click on the address of each home to get the complete details.
| Address | List Price | BR/BA | Sq Ft (home/lot) | Listed By |
|---|---|---|---|---|
| 1955 Carmelita Drive | $2,800,000 | 4BR/4.5BA | 3,521/15,450 | David Young, Coldwell Banker |
| 339 Chesham Avenue | $949,000 | 3BR/2BA | 1,450/5,250 | Tim Earley, Coldwell Banker |
| 15 Pine Avenue | $799,000 | 2BR/1BA | 1,220/5,500 | Rich Sequeira, Alain Pinel Realtors |
| 9 Robin Way | $797,000 | 4BR/2BA | 1,660/5,000 | Tim McKeegan, Terrace Realty |
| 1195 Elm Street | $625,000 | 2BR/1BA | 1,220/4,400 | Maya Sewald, Coldwell Banker |
| 154 Fairbanks Avenue | $499,000 | 3BR/2BA | 1,090/6,696 | Dan McLean, Coldwell Banker |
___________________________________________________________________
Posted in: