The San Carlos Real Estate Week in Review: 7-13-13.
July 15, 2013
San Carlos Real Estate Summary.
The San Carlos real estate market just keeps trucking through these normally quiet summer months. With the 4th of July week behind us, buyers were back in big numbers as they picked off 6 of the active listings. This kept the inventory level below 20 homes for sale, where it has been for most of this year. Interest rates continue to be the primary topic with buyers, sellers, and agents — but for now it doesn't seem to have a tremendous damper on the market. Open houses in Belmont and San Carlos seemed to be very well attended yesterday, which is a testament as to how many buyers are still out looking for that perfect home.
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 7-13-2013:
| San Carlos Housing Data | 7-13-13 | Prior Week |
|---|---|---|
| Closed Sales for the Week: |
9 | 4 |
| Average Sold Price |
$1,216,667 | $1,305,000 |
| Average $/Sq Foot (Sold) |
$729 | $772 |
| Sold Price vs Orig List (%) | 110% | 109% |
| Average DOM of Closed Sales | 10 | 7 |
| No. of Homes Pending Sale: | 34 | 38 |
| Inventory of Active Listings: |
18 | 16 |
| Average Price of Active Listings: | $1,433,161 | $1,449,087 |
| Average DOM of Active Listings: | 35 | 36 |
| Average $/Sq Foot (List) | $605 | $599 |
| Active-Pending Ratio: |
0.53 : 1 | 0.42 : 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 |
|---|---|---|---|---|
| 850 Orange Avenue | $2,000,000 | $1,895,000 | +$105,000 (+5.5%) |
13 |
| 1265 Eaton Avenue | $1,300,000 | $1,255,000 | +$45,000 (+3.6%) |
4 |
| 2036 Saint Francis Way | $1,250,000 | $1,195,000 | +$55,000 (+4.6%) |
9 |
| 131 Alberta Avenue | $1,210,000 | $879,000 | +$331,000 (+37.7%) |
12 |
| 1383 Chestnut Street | $1,160,000 | $925,000 | +$235,000 (+25.4%) |
8 |
| 1641 Hull Drive | $1,100,000 | $929,000 | +$171,000 (+18.4%) |
4 |
| 744 Tamarack Avenue | $1,020,000 | $998,000 | +$22,000 (+2.2%) |
12 |
| 142 Exbourne Avenue | $990,000 | $989,000 | +$1,000 (+0.1%) |
10 |
| 438 De Anza Avenue | $920,000 | $899,000 | +$21,000 (+2.3%) |
19 |
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 to see more details:
| Address | DOM (days) | List Price |
|---|---|---|
| 1008 Springfield Drive | 4 | $899,500 |
| 1961 Belle Avenue | 13 | $2,250,000 |
| 1351 Arroyo Avenue | 12 | $1,299,000 |
| 2711 Clifford Avenue | 16 | $1,099,000 |
| 2230 Eaton Avenue | 4 | $1,195,000 |
| 195 Exeter Avenue | 35 | $1,999,000 |
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 |
|---|---|---|---|---|
| 14 Estrada Place | $2,599,000 | 5BR/4.5BA | 4,400/33,229 | La Vonne Carroll, Coldwell Banker |
| 445 Shelford Avenue | $1,595,000 | 4BR/3.5BA | 3,750/15,080 | Susie Dews, Coldwell Banker |
| 2230 Eaton Avenue | $1,195,000 | 4BR/2.5BA | 1,980/7,425 | Susan Lucas, North Beach Properties |
| 188 Exbourne Avenue | $1,098,000 | 5BR/3BA | 2,710/4,988 | John Shroyer, Today Sothebys |
| 2217 Brittan Avenue | $998,000 | 4BR/2BA | 1,580/5,000 | Liz Rhodes, Alain Pinel Realtors |
| 242 Park Avenue | $899,000 | 3BR/2BA | 1,190/4,40 | John Shroyer, Today Sothebys |
| 160 Palm Avenue | $895,000 | 3BR/2BA | 1,250/5,510 | Lisa Susnow, Intero |
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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