The San Carlos Real Estate Week in Review: 1-26-13.

San Carlos Real Estate Summary.

The activity is definitely starting to pick up in San Carlos as we head into the early-spring market.  There were 4 new listings that made their debut last week, and 5 homes were snatched up by eager buyers — 4 of the 5 had been on the market for less than two weeks, so buyers are definitely on task and moving decisively.

It's interesting that of the 14 or so homes that are available for sale in San Carlos, not one of them is the bread-and-butter 3BR/2BA configuration that so many buyers are looking for.   But that will start to change over the next couple of weeks as there are a handful of really nice 3/2's that will be hitting the market.     Stay tuned!

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 1-26-2013:

San Carlos Housing Data	1-26-13	Prior Week
Closed Sales for the Week:	3	6
Average Sold Price	$1,087,677	$1,243,321 (-12.5%)
Average $/Sq Foot (Sold)	$513	$516
Sold Price vs Orig List (%)	106%	92%
Average DOM of Closed Sales	26	50
No. of Homes Pending Sale:	12	8
Inventory of Active Listings:	14	18 (+13%)
Average Price of Active Listings:	$1,479,278	$1,471,944
Average DOM of Active Listings:	95	81
Average $/Sq Foot (List)	$581	$587
Active-Pending Ratio:	1.2 : 1	2.3 : 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
868 Cordilleras Avenue	$1,210,000	$925,000	+$285,000 (+31%)	8
523 Hillcrest Road	$1,093,000	$1,155,000	-$62,000 (-5.4%)	44
62 Madera Avenue	$960,000	$988,000	-$28,000 (-2.8%)	25

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
77 Madera Avenue	13	$1,300,000
429 Sycamore Street	14	$1,110,000
2096 Birch Avenue	6	$1,285,000
3140 Brittan Avenue	17	$900,000
1439 Cordilleras Avenue	8	$959,000

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.

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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
140 Arundel Road	$1,895,000	5BR/4.5BA	2,544/9,350	Peter Vece, Today Sothebys
1364 Crestview Drive	$1,188,888	3BR/2.5BA	2,360/10,824	Lorelei Keim, Coldwell Banker
436 Laurel Street	$775,000	2BR/1BA	1,200/6,975	Bob Bredel, Today Sothebys
140 Belvedere Avenue	$649,000	3BR/1BA	1,230/4,600	Tom Huff, 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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