The San Carlos Real Estate Week in Review: 1-12-13.

San Carlos Real Estate Summary.

This past week yielded some encouraging news for San Carlos buyers — 7 new listings hit the market, which is a good start to the early-spring buying season.  Hopefully, more listings will follow in the coming weeks to help alleviate some of the pent-up demand and restore some balance and sanity into the market.  Until that happens, I think you're going to see some instances of some pretty crazy bidding like we did this past week.

Here are the numbers from 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 1-12-2013:

San Carlos Housing Data	1-12-13	Prior Week
Closed Sales for the Week:	0	7
Average Sold Price	$0	$1,485,841 (+%)
Average $/Sq Foot (Sold)	$0	$542
Sold Price vs Orig List (%)	0%	89%
Average DOM of Closed Sales	0	46
No. of Homes Pending Sale:	13	11
Inventory of Active Listings:	16	11 (+45%)
Average Price of Active Listings:	$1,535,684	$1,699,100
Average DOM of Active Listings:	86	123
Average $/Sq Foot (List)	$563	$554
Active-Pending Ratio:	0.81 : 1	1 : 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.

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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
—	$–	$–	—	—

Note: The sold data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

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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
868 Cordilleras Avenue	8	$925,000
431 De Anza Avenue	87	$1,099,999

Note: The pending data provided above is strictly for informational purposes only, and should not imply that the author was involved in either side of the transaction.

(Click the “Homes Pending Sale” sign below to see ALL the homes that are Pending Sale in San Carlos.)

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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
77 Madera Avenue	$1,300,000	4BR/2.5BA	2,240/7,812	Rashaan Dean, Initio
107 Alberta Avenue	$1,149,950	3BR/2BA	2,240/6,160	David Blewett, Intero
429 Sycamore Street	$1,110,000	4BR/2.5BA	1,890/6,345	Gene Thornton, Coldwell Banker
1929 Cedar Street	$969,000	2BR/2BA	1,320/4,480	Genella Williamson, Alain Pinel Realtors
3140 Brittan Avenue	$900,000	3BR/2.5BA	2,210/11,200	Donna Black, Coldwell Banker
95 Hilltop Drive	$849,000	2BR/2BA	1,147/4,400	Steve Korn, Alain Pinel Realtors
1400 Alameda	$775,000	2BR/2BA	1,170/5,000	Anna Ow, Coldwell Banker

Note: The listing data provided above is strictly for informational purposes only, and should not imply that the author is the listing agent.

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