The San Carlos Real Estate Week in Review: 3-16-13.
March 17, 2013
San Carlos Real Estate Summary.
If you take good look at the section below titled “Single-Family Homes Sold in San Carlos”, you'll see the kind of hard evidence that has defined the upswing in homes prices that we've experienced in San Carlos so far in 2013. The 9 homes that closed escrow this week sold at a price that averaged 8% above the asking price, with one of them fetching a whopping 26% over list. That's a perfect snap shot of the housing market that we're living in right now.
There was a solid showing this past week for new listings, with 7 homes making their debut on the market. But with nearly the same number going into contract, the inventory of homes for sale still sits at a paltry 13 at the time of this post.
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 3-16-2013:
San Carlos Housing Data | 3-16-13 | Prior Week |
---|---|---|
Closed Sales for the Week: |
9 | 4 |
Average Sold Price |
$1,208,444 | $1,614,750 (-25%) |
Average $/Sq Foot (Sold) |
$653 | $739 |
Sold Price vs Orig List (%) | 108% | 107% |
Average DOM of Closed Sales | 40 | 11 |
No. of Homes Pending Sale: | 20 | 25 |
Inventory of Active Listings: |
13 | 12 (+8%) |
Average Price of Active Listings: | $1,536,068 | $1,469,072 |
Average DOM of Active Listings: | 28 | 31 |
Average $/Sq Foot (List) | $616 | $602 |
Active-Pending Ratio: |
0.65 : 1 | 0.48 : 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 |
---|---|---|---|---|
2996 Eaton Avenue |
$2,450,000 | $2,552,000 | -$102,000 (-4.0%) |
144 |
355 Hill Way |
$1,450,000 | $1,195,000 | +$255,000 (+21.3%) |
13 |
344 Oakview Drive |
$1,295,000 | $1,150,000 | +$145,000 (+12.6%) |
10 |
429 Sycamore Street |
$1,150,000 | $1,110,000 | +$40,000 (+3.6%) |
14 |
278 Vine Street |
$1,100,000 | $989,000 | +$111,000 (+11.2%) |
8 |
108 Ruby Avenue |
$952,000 | $899,000 | +$53,000 (+5.9%) |
10 |
539 Hillcrest Road |
$909,000 | $799,000 | +$110,000 (+13.8%) |
9 |
959 Alameda |
$820,000 | $650,000 | +$170,000 (+26.2%) |
8 |
398 Cedar Street |
$750,000 | $699,000 | +$51,000 (+7.3%) |
148 |
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 |
---|---|---|
201 Alberta Avenue | 9 | $1,649,000 |
239 Ruby Avenue | 10 | $1,050,000 |
218 Manor Drive | 15 | $1,295,000 |
109 Ruby Avenue | 7 | $899,000 |
328 De Anza Avenue | 16 | $1,034,900 |
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 |
---|---|---|---|---|
772 Knoll Drive | $1,995,000 | 4BR/3.5BA | 2,160/11,200 | Joe Bentley, Alain Pinel Realtors |
72 Coronado Avenue | $1,649,000 | 5BR/3BA | 3,390/19,610 | Lee Browner, Luxury Properties |
2615 Graceland Avenue | $1,595,000 | 4BR/3.5BA | 2,710/9,800 | Janet Davis, Hometown Realty |
199 Sycamore Street | $1,225,000 | 3BR/3BA | 2,490/7,560 | Michelle Glaubert, Coldwell Banker |
124 Chestnut Street | $1,178,000 | 3BR/3BA | 1,787/5,500 | Linda Murphy, Alain Pinel Realtors |
200 Kelton Avenue | $1,100,000 | 3BR/2BA | 1,600/6,000 | Margaret Barton, Mansell & Co. |
1817 Brittan Avenue | $995,000 | 3BR/2.5BA | 1,700/6,780 | Mary Abolomuki, 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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